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#1
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SAAB almost dead...
according to this....it only has days left
http://money.cnn.com/2011/06/23/news/international/saab_jobs/index.htm?iid=HP_River
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Ben 1987 190d 2.5Turbo |
#2
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I'll buy the company for $100
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01 Ford Excursion Powerstroke 99 E300 Turbodiesel 91 Vette with 383 motor 05 Polaris Sportsman 800 EFI 06 Polaris Sportsman 500 EFI 03 SeaDoo GTX SC Red 03 SeaDoo GTX SC Yellow 04 Tailgator 21 ft Toy Hauler 11 Harley Davidson 883 SuperLow |
#3
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don't joke because they might actually accept....of course, you will have to agree to take on the liabilities.
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Ben 1987 190d 2.5Turbo |
#4
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Saab has been dying for years, but no-one would pull the trigger and put it out of its misery.
GM gave it a shot, but had too much on its plate (GMAC troubles) to pay it any real attention. |
#5
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X2...I've seen this as nearly inevitable for a while now, especially since GM bought them. Obviously GM has its own problems, but acquiring all sorts of other brands was one thing that put them under. Ford got smart and sold Volvo to lighten the load, Gm should have done the same. Saabs are nice cars but I'm not sure I'd want to own one - do a bit of searching for the airbag issues . The NG900 is one I'd like to own and boost the crap out of...good engines.
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TC Current stable: - 2004 Mazda RALLYWANKEL - 2007 Saturn sky redline - 2004 Explorer...under surgery. Past: 135i, GTI, 300E, 300SD, 300SD, Stealth |
#6
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Saab has been hanging by their fingernails. Recent cash flow issues with suppliers led to the layoffs. The Chinese orders, when approved, will bring them back to life but after that who knows.
I bought a 2002 9-3 from a friend and have no complaints. With a turbo and 5-speed manual it's a joy to drive.
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'86 300E 5 speed '71 Triumph TR6 '46 Cushman Scooter '41 Ford 9N tractor |
#7
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Who buys Saabs anymore and what drugs are they on?
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CENSORED due to not family friendly words |
#8
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Just a though which I have nothing to back up with, but.....
I used to work on a lot of cars, and years ago I began to notice a lot of GM parts creeping into SAAB's. Rack and pinion units, suspension parts... lots of stuff you would not notice unless you tore into a lot of cars. I have wondered for some time if the reason GM bought them was because SAAB owed them so much and just could not pay? |
#9
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gm purchased 50% of saab way back in '89.
it took them 20 years, but they finally killed it. i'd still take a 900 turbo. great handling and fast.
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"The law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread." |
#10
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Exactly. Saab died the day they were bought by GM.
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1982 300GD Carmine Red (DB3535) Cabriolet Parting Out 1990 300SEL Smoke Silver (Parting out) 1991 350SDL Blackberry Metallic (481) "The thing is Bob, its not that I'm lazy...its that I just don't care." |
#11
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I had an '88 and an '91 900S. I loved the ergodynamics and the comfortable seats. Safe, agile and quick. Fairly reliable, but no Honda.
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'07 Yukon 2500 '13 Subaru Outback 3.6R '13 Orbea Carpe 9-speed Currently Benzless Formerly: 300TD, S600, E55, 560SEL ---= The forest breathes, listen. -Native American elder |
#12
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I had a 71 V4 which I acquired in exchange for a case of wine.
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Strelnik Invest in America: Buy a Congressman! 1950 170SD 1951 Citroen 11BN 1953 Citroen 11BNF limo 1953 220a project 1959 180D 1960 190D 1960 Borgward Isabella TS 2dr 1983 240D daily driver 1983 380SL 1990 350SDL daily driver alt 3 x Citroen DS21M, down from 5 3 x Citroen 2CV, down from 6 |
#13
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Nice. Dad had a '74 99. Pea green. Perfect car to match his pipe and tweed jacket.
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'07 Yukon 2500 '13 Subaru Outback 3.6R '13 Orbea Carpe 9-speed Currently Benzless Formerly: 300TD, S600, E55, 560SEL ---= The forest breathes, listen. -Native American elder |
#14
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Saab was already sucking air when GM took it over. The 900 was essentially a firewall-forward redo of the old 99 and was becoming pretty played out by the end of the Eightie's.
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#15
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I always liked Saab because of their "unique" styling. They always wanted to go places no one else did (for better or worse)- thats cool. That faded as GM took over, but such is business.
The resale value on Saab's has been dropping and will drop faster now. Maybe its time to look into once of their old convertibles (cheap enough to drive into the ground) -John
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2009 Kia Sedona 2009 Honda Odyssey EX-L 12006 Jetta Pumpe Duse (insert Mercedes here) Husband, Father, sometimes friend =) |
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