Wall Street Journal Says Saab Must Be Carved Out Of GM

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1. 

   todd agostini
   

   13. Jan, 2009

   Since John McCain wasn’t elected I hope he will let us use his “hatchet” instead of Obama’s “skalpel” to “Carve saab out of GM”.

   Lets get this over with already.

   It may close thier U.S. operations but damn lets just get this over with.

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2. 

   Stephen Goldberger
   

   13. Jan, 2009

   It looks like Saab will be repositioned as a
   separate company within GM (back to the future, as it were), with an
   accounting wall between them. GM will be invoiced for services
   (turbocharging, suspension, electronics, safety) from Saab, and Saab
   will be invoiced for goods and services provided them by GM (back-room
   administrative support, parts). All Saab production might be
   concentrated in Trollhattan, save the 9-4. (Already done that, you
   ask? Well 9-5 production in Trollhattan is scheduled to end by
   spring, and the new model was scheduled for Russelheim. And the
   contract with Steyr for convertibles is close to the end.) This is
   motivated by the Swedish Government, which has expressed willingness
   to loan GM and/or Frod money, so long as it stays in Sweden.
   Reconstituting Trollhattan as a “Saab Assembly Plant” rather than a
   “GM assembly plant” would go a long way toward making Saab (the
   company) sellable, that along with Saab Engineering and Design being
   reconstituted as a separate entity.

   Anyway, it looks like Saab will have one more last chance to stay in
   business, if it can be a profitable, wholly owned subsidiary of either
   GM or someone else.

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3. 

   Ryan
   

   13. Jan, 2009

   Todd,

   This seems like it’ll be a process, certain things can become more independent than others at quicker rates and vice versa, such as new products, existing parts supplies, service agreements with dealerships and warranties with customers, etc.

   There needs to be a substantial plan that is designed logistically and has no missing pieces, considering everyone which includes in order of my preferred priority:

   A) The Customers, B) The Dealerships, C) The Suppliers, D) Saab Automobile (Designers, Engineers, Marketing) & The New Owners.

   Stephen,

   You are probably right on from what we’re now reading about this process.

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