General Motors Gives Saab 3-Months To Find Buyer

Posted on 29. Dec, 2008 by in 2000-2009

According to the newspaper, Borsen in Denmark, they claim that “General Motors is now giving Saab Automobile 3-Months To Find Buyer, in discussing this with Eric Geers, Global Communications for Saab Automobile AB in Sweden.”

The 3-month timeframe is when General Motors needs to report back to the White House and United States Treasury to tell them how they are using the recent loan money wisely.

We can confirm this information with what GM’s Mark LaNeve recently indicated, that Saab is to sold by March, so three months from now, we’ll see what Saab Automobile’s new owners are.

In terms of who Saab Automobile’s Owners may be, the polls at the time of this posting state that my visitors believe that BMW will be the owner, followed by FIAT, Opel, PSA, Other then TATA at dead last.

It’s truly sad that General Motors is now giving Saab Automobile marching orders for all of what they’ve done for GM over the years, and what’s more, telling them that they need to do it in less than 90-days.

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3 Responses to “General Motors Gives Saab 3-Months To Find Buyer”

  1. Aaron Winstanley

    29. Dec, 2008

    Hi there,

    Speaking as a Saab owner and a person who is very loyal to the brand I rackon Sir Richard Branson should buy Saab. i think he could turn it back to profits! Hes good at makeing companies make money and doesnt he already own a Saab 9-5 SportCombi BioPower?

    Someone please send Saab or Richard Branson a message. Sir Richard is exactly who we need, he has the right personality to get Saab off the rocks. And lets face it, hes got the cash to get Saab where it should be :-)

    regards

    Aaron

    Reply to this comment

  2. Ryan

    30. Dec, 2008

    Aaron,

    I know, seriously. We’ll see which one of the new owners linked below, will buy Saab by March.

    http://www.saabhistory.com/2008/12/24/who-could-saab-automobiles-new-owner-be/

    Reply to this comment

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  1. Auto Industry Bailout » Blog Archive » Saab History » General Motors Gives Saab 3-Months To Find Buyer - December 31, 2008

    [...] It’s truly sad that General Motors is now giving Saab Automobile marching orders for all of what they’ve done for GM over the years, and what’s more, telling them that they need to do it in less than 90-days. …[Continue Reading] [...]

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