• Saab Officially Dead

18th December 2009

Saab Officially Dead

posted in GM, saab |

saablogo

It’s been a tumultuous year for Saab fans. Hopes for the brand’s future were raised by the proposed sale to Koenigsegg and then dashed when that fell through, but then raised again when Spyker, a Dutch sports-car builder, entered the picture. It’s all over now, though, as GM announced that it will be shuttering Saab for good.

The General had imposed a strict time-table for pushing the sale through and, in navigating the potential deal with Spyker, encountered issues that neither side believed could be resolved. GM is quick to reassure us that this is not a bankruptcy or forced liquidation, and that Saab will wind down in a controlled manner, satisfying supplier debts and looking after customers. After the brand is gone, GM’s remaining dealer network should continue to honor Saab warranties and provide service and parts for the cars.

Information is scarce at this time, but stay tuned for more details as they emerge.

Related posts:

  1. Spyker Flirts with Buying Saab
  2. Saab Sale to Supercar Maker Koenigsegg Pending – Car News
  3. 2010 Saab 9-4X – Spied

This entry was posted on Friday, December 18th, 2009 at 11:48 am and is filed under GM, saab. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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