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Saab

Posted: Thu Jun 23, 2011 8:16 pm
by JJW009
Picked this up on the <a href='http://www.x404.co.uk/forum/viewtopic.p ... 28&start=0' target='_blank' rel='nofollow'>other place</a>



From the <a href='http://www.bbc.co.uk/news/business-13886024' target='_blank' rel='nofollow'>BBC</a> article:


It sold just 30,000 last year, with analysts suggesting it needs to sell 120,000 just to break even. No business can sustain such losses for long, let alone a relatively small company with very little cash in the bank.



And here lies the problem. Under the ownership of US car giant General Motors (GM), Saab was able to sustain losses. Following the sale to Spyker, now called Swedish Automobile, it cannot.


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Saab

Posted: Fri Jun 24, 2011 8:25 am
by Mrs Redeyes
Hmm, I suppose the problem will come when we can no longer get / afford parts, otherwise the cars we drive are both too old to really be related to the Saab of today. It's sad to see if it happens though.




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