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More on Saab divestiture
Posted by SENewhouse (more from SENewhouse) on Tue, 16 Jun 2009 09:08:07
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The linked Business Week story provides more detail on the GM - Koenigsegg deal, and touches on some of the issues I noted in my earlier post. Depending on what you read, you can conclude the financing is a done deal, or that it remains pending and iffy. Long-term, if the deal executes (could still unravel), the key issues will be adequate funding, and management policy. Given the right mix, I think Saab still has an opportunity to build some excellent automobiles and increase volume. However, without higher volume and commensurate profit, it's hard to see how the company will succeed, let alone survive.
Again, I remain cautiously optimistic.
SEN
posted by 207.179.1...
Business Week Saab article
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