1999-2009 [Subscribe to Daily Digest] |
![]() | [Main 95 Bulletin Board | BBFAQ |
Prev by Date | Next by Date | Post Followup ]
Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
WSJ article 07/07 Posted by NJ-PA Don [Email] ![]() ![]() In Reply to: What to sell, what to keep is, Noel, Tue, 8 Jul 2008 06:19:02 Members do not see ads below this line. - Help Keep This Site Online - Signup |
There was an article in the Wall Street Journal on 07/07 that laid it all out. SAAB looks like a candidate for the axe, as it is the smallest of the auto groups. Would GM cut Buick and keep SAAB? Doubtful...
GM Weighs More Layoffs, Sale of Brands
Worries Over Cash, Plunging Share Price
Prompt Strategy Shift; Saturn Gets Scrutiny
By JOHN D. STOLL
July 7, 2008; Page A1
DETROIT -- Bruised by a deep sales slump and a half-century-low in its stock price, General Motors Corp. is preparing to cut thousands more white-collar jobs and is considering whether it should sell or shutter more of its brands, people familiar with the matter said.
----
Analysts often also question why GM keeps Saab. The Swedish car maker only sells about 35,000 cars in the U.S. a year -- less than the number of Accord sedans Honda Motor Co. sells in a single month.
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
![]() |
![]() |
![]() |
![]() |
![]() |