Saab files for bankruptcy protection. What's next?
The soap opera that has become Swedish automaker Saab, continues to unravel. The automaker is expected in bankruptcy court today in Sweden w...
https://r-automotive.blogspot.com/2011/12/saab-files-for-bankruptcy-protection.html
Saab files for bankruptcy protection. What's next? - Hallo AutoMotive user, we prepare interested article for you with title Saab files for bankruptcy protection. What's next?. We hope our contents will help you to get good information.
( Auto Industry News ),
( Bankruptcy ),
( China ),
( General Motors ),
( General Motors Bankruptcy ),
( GM ),
( GM China ),
( Saab ),
( Saab Bankruptcy ),
( Sweden ), OK, happy reading guys.
Title : Saab files for bankruptcy protection. What's next?
Link : Saab files for bankruptcy protection. What's next?
The soap opera that has become Swedish automaker Saab, continues to unravel. The automaker is expected in bankruptcy court today in Sweden where it will find if they are shielded from creditors while a buyer for the company is found.
General Motors, former owner of Saab until their own bankruptcy let them shed the automaker, has been blocking the potential sale of Saab to a Chinese automaker. GM's basis is because they do not want the sharing of GMs platform technology with another competitor that could potentially undercut them in the Chinese market that GM has seen huge success with. And unfortunately, Saab depends on GM's help in that are in order to be able to build cars or at least until Saab has the funds to develop their own technology again. And that really isn't going to happen any time soon.
All the while dealers in the US and around the world have been patiently awaiting cars to be able to sell to customers, and with each passing day, its looking less and less likely they'll see them. So is this the swansong for Saab? Unfortunately it looks like it may very well be. I have always been a fan of the brand and would hate to see them go away, but I think the time has come to envision a world without new Saabs.
You read artcile Saab files for bankruptcy protection. What's next? now in link https://r-automotive.blogspot.com/2011/12/saab-files-for-bankruptcy-protection.html
Title : Saab files for bankruptcy protection. What's next?
Link : Saab files for bankruptcy protection. What's next?
Saab files for bankruptcy protection. What's next?
General Motors, former owner of Saab until their own bankruptcy let them shed the automaker, has been blocking the potential sale of Saab to a Chinese automaker. GM's basis is because they do not want the sharing of GMs platform technology with another competitor that could potentially undercut them in the Chinese market that GM has seen huge success with. And unfortunately, Saab depends on GM's help in that are in order to be able to build cars or at least until Saab has the funds to develop their own technology again. And that really isn't going to happen any time soon.All the while dealers in the US and around the world have been patiently awaiting cars to be able to sell to customers, and with each passing day, its looking less and less likely they'll see them. So is this the swansong for Saab? Unfortunately it looks like it may very well be. I have always been a fan of the brand and would hate to see them go away, but I think the time has come to envision a world without new Saabs.
Finally, The Article Saab files for bankruptcy protection. What's next?
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You read artcile Saab files for bankruptcy protection. What's next? now in link https://r-automotive.blogspot.com/2011/12/saab-files-for-bankruptcy-protection.html
