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Rumor has it.......... Posted by MI-Roger [Email] ![]() ![]() In Reply to: Re: GM Made SAAB pay for the Cadillac BLS (Europe), John Myers, Fri, 16 Apr 2010 16:34:24 Members do not see ads below this line. - Help Keep This Site Online - Signup |
Insiders at SAAB have stated (or hinted) that all North America bound SAABs were sold to SaabUSA at cost (or less), and all profits from the retail sales those vehicles generated were kept by GM North America.
The US has lower corporate tax rates, so for a multi-national company it makes sense to place as much of your profits as you can in the country with the lowest tax rates. But don't then say you have to kill a brand because it is losing money.
posted by 98.250.156...
_______________________________________ Saabs owned: 2008 9-5 Aero Sedan, sold at 227K miles 2006 9-3SC 2.0T - Wife's daily driver 2000 Viggen Convertible - Sold May, 2022 1964 Quantum IV Formula Car - Retirement project 2000 9-5lpt Sedan, sold at 318K miles
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