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Saab Sale
Posted by Harry [Email] (more from Harry) on Thu, 4 Dec 2008 04:56:22
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About 6 months ago I posted here that GM was going to sell Saab to Tata of India, the post was removed within 24 hours by I assume Scott. GM is now in active negotiations with Tata to sell Saab. Tata would then corner the market on "Swedish" cars. I don't think it would make much of a difference, except that Saab is built on GMs universal platform, I guess part of the negotiations will involve GM continuing to sell Tata the platform at a reduced price over some period of years, possibly with an escalator in the event Saab becomes profitable. Tata will certainly streamline Saabs extensive overhead and probably drop out of some markets.
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- Saab Sale, Harry, Thu, 4 Dec 2008 04:56:22 <-- Viewing This Message
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