I'm the first to admit I don't understand the world of finance and big business. It doesn't, however, come as a surprise that GM is having to scramble to reorganize Saab so they can try and sell them. Of course, selling Saab won't save GM, especially if the gazillions of dollars the U.S. government has already given GM can't save them.
What does this mean for me and my Saab? Probably nothing. I'm not under any kind of warranty and I don't ever go to the dealer (unless I need my remote key programmed). It does mean I probably won't be replacing the Vig with a new Saab any time soon. Yeah, 'cause that was going to happen!! note even more exaggerated sarcasm
Read the full story here: CTV.ca: Saab files for bankruptcy protection from creditors
I have had SAABS for years now. I am on to my seventh which is a 1995 95 aero hot estate and I have had it for two years.
ReplyDeleteThe pleasure I get is when the young boys in their souped up small cars think they can speed away from me "until" I put my foot down and leave them standing.