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Sorry!I posted a link to the story 2 days ago...
JalopnilkJalopnilkA Swedish court decided that National Electric Vehicle Sweden AB — the quasi-Chinese company that owns Saab — didn't have enough money for bankruptcy protection. That's right, they're too poor for bankruptcy as the WSJ reports.
National Electric Vehicle Sweden AB, or NEVS, said Thursday that it petitioned a local Swedish court for bankruptcy protection to reconstruct its business and to "make time for ongoing talks" with potential investors. The court, however, said that NEVS doesn't have the liquidity required to fulfill its obligation during the restructuring period. Mikael Östlund, a spokesman for NEVS, said it plans an appeal of the court's rejection.
NEVS said negotiations with two major international automotive companies for joint product development and a potential ownership option "are proceeding," but that the discussions have taken longer than initially anticipated.
If I pay it for them can I own Saab?Is Saab dead again?
Jalopnilk
And the reason they are needed bankruptcy protection cause they couldn't pay a $22,000 bill from one of their suppliers.
Saab name discontinued from automobile use.
http://www.autocar.co.uk/car-news/new-cars/saab-officially-no-more
http://www.autoevolution.com/news/saab-is-dead-no-revival-in-sight-108778.html
Saab name discontinued from automobile use.
http://www.autocar.co.uk/car-news/new-cars/saab-officially-no-more
http://www.autoevolution.com/news/saab-is-dead-no-revival-in-sight-108778.html
Saab name discontinued from automobile use.
http://www.autocar.co.uk/car-news/new-cars/saab-officially-no-more
http://www.autoevolution.com/news/saab-is-dead-no-revival-in-sight-108778.html
It was the Opel/Vauxhall Insignia for a much, MUCH higher price.
That can't have been the only reason, Saab's where always expensive compared to their Opel/Vauxhall equivalents and sold OK. I meant more specific reasons like was the ride poor? quality poor? etc.
Saabs were always very different from their Opel/Vauxhall counterparts and they weren't THAT much more expensive.
I think people above are overstating things somewhat.Can someone explain to me what was wrong with the last generation of the Saab 95?
I know it was rushed into production and then was poorly received by reviewers and had poor sales eventually leading to Spyker throwing in the towel but what were it's deficiencies?, it certainly looked great inside and out.
If it had been a brilliant product the company could have been saved.
Had the last 9-5 come out with an awd system, there may have been a different outcome.
I think people above are overstating things somewh
Jeez, that was a portly thing wasn't it? My old 1990 9000t was about 3000lbs compared to that 4300lbs 9-5.