You should see the designed and ready to be produced new SAABs! They
were due out early next year, very cool 4 wheel drive system, all
sorts of goodies. But of course, SAAB made neat cars that were well
engineered. The just never made money.
Lester
On Dec 21, 2009, at 9:04 AM, Linda Grunthaner wrote:
> I stood by GM since I was a kid always driving a GM backed car.
> After they
> dumped Saturn & Pontiac (my 2 favorite cars) I now have another
> reason not
> to ever buy a GM brand. Two things that annoy me, one they brought
> hopes up
> with a "Penske' purchase appearing to be just a sales promo and 2nd
> they
> killed 2 cool looking sports cars the Sky and the Solstice.
> I still like my 94 SW2 but disgusted with GM.
> Lin
>
> On Fri, Dec 18, 2009 at 11:12 AM, Jim Johnson <bmwwxman@gmail.com>
> wrote:
>
>> GM to shut down
>> Saab<http://e.ccialerts.com/a/hBLK47eAGmKL2AfOUcZDhQju-Yy/awo8>
>> By Dale Jewett | 12/18/09, 9:12 am et
>> General Motors will shut down Saab after the automaker wasn't able to
>> conclude a deal to sell the brand to Spyker Cars, GM said on Friday.
>> Despite the best efforts of all involved, it has become very clear
>> that
>> the
>> due diligence required to complete this complex transaction could
>> not be
>> executed in a reasonable time," GM Europe president Nick Reilly
>> said in a
>> statement.
>> "In order to maintain operations, Saab needed a quick resolution.
>> We regret
>> that we were not able to complete this transaction with Spyker
>> Cars. We
>> will
>> work closely with the Saab organization to wind down the business
>> in an
>> orderly and responsible manner. This is not a bankruptcy or forced
>> liquidation process. Consequently, we expect Saab to satisfy debts,
>> including supplier payments, and to wind down...
>>
>> --
>> Cheers!!
>> Jim
>> Only two things are infinite, the universe and human stupidity, and
>> I am
>> not
>> sure about the former. - Albert Einstein
>> _______________________________________________
>> Support Team.Net http://www.team.net/donate.html
>>
>> You are subscribed as grunthaner@gmail.com
>>
>> http://www.team.net/archive
>>
>> http://autox.team.net/mailman/listinfo/spridgets
> _______________________________________________
> Support Team.Net http://www.team.net/donate.html
>
> You are subscribed as oldsaabguy@comcast.net
>
> http://www.team.net/archive
>
> http://autox.team.net/mailman/listinfo/spridgets
_______________________________________________
Support Team.Net http://www.team.net/donate.html
http://www.team.net/archive
http://autox.team.net/mailman/listinfo/spridgets
|