Saab Turning into a Sob Story

Posted in In the News by Noah on March 23rd, 2009

GM’s troubles and looming bankruptcy is nothing new, but there continue to be developments with how that will affect Saab. GM has stated that it will sell or kill of Saab by the end of the year, leaving the fate of the Swedish car manufacturer in a bit of a precarious position, to say the least. That position was made even more tenuous now that the Swedish Government has stated that it does not intend to come to Saab’s rescue.

So what does all of this mean for Saab and and all the Saab owners out there? At this time, it is hard to say. Even if no one steps up to take over the company, there will still be a huge demand for parts and service of all the cars currently in existence. Someone will probably buy the rights to produce and sell those parts and services if nothing else, so current owners probably will be fine service-wise.

Or not. We’ll just have to see, won’t we?

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