GM ready to let Opel go for free?

[ZL-1]

Again, think of it as GM paying for technology, engineering and engines. A bunch of Saab stuff has been spread out all over GM's other brands. Look at Saab's product line-up. How did GM expect Saab to make any profit when GM didn't even move update Saab's product, nor took advantage of it's global reach? Plus, the Saab losses have turned out to peanuts compared to what GM's other operations, including it's core operations, have lost. This is made worse with the fact that it's going to cost GM more to get rid of Saab than every loss that Saab has accumulated under GM.

1. The issue is very straightforward: GM doesn't know how to manage a brand like SAAB, as they wouldn't know how to manage a brand like MINI. GM's been all about volume and discounting.

2. For SAAB fans like myself it makes the part I bolded is almost funny, in a perverse way. I really hope SAAB is able to find a new owner soon, leaving GM's incompetence in managing it behind. For good!

Edited April 28, 2009 by ZL-1