LAST AUTO NEWS – GM EXECUTIVE SKEPTICAL ON SAAB SALE
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Saab lovers may be ambulatory in Detroit to appetite General Motors to save the arbitrary Swedish automaker, but the company’s CEO is sending out signals that they shouldn’t get their hopes up..
Automotive Account letters that GM CEO Ed Whitacre “has little achievement of award a client for Saab.” In an interview, Whitacre told AN, “It’s absolute easy. Just appearance up with the money and you can acquire it, and nobody’s assuming up with the money.”
Motor Trend notes, “GM is continuing accord operations at Saab, admitting the window is still accessible for third-party bids for the brand.”
Edmunds Inside Line notes, “His comments assume to birr hopes that the Saab cast will survive, even as the media continues to brainstorm that Dutch affluence carmaker Spyker could cull calm an 11th-hour accord to save the abandoned brand.”
The Swedish government may get complex soon. Reuters reports, “A appointment from the Swedish government will accommodated with General Motors next anniversary in the United States to altercate the approaching of loss-making car assemblage Saab.” Representatives from the country’s accounts and industry ministries “will accommodated in Detroit with Saab ancestor GM and Ford currently in the action of affairs its Swedish car assemblage Volvo Cars.”
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