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Old 10-21-2011, 06:31 PM
 
Location: Indianapolis
3,681 posts, read 9,080,048 times
Reputation: 2378

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Looks like Saab took its last gasp of oxygen today when the Chinese investors pulled out and the judge stopped the bankruptcy proceedings. Liquidation seems to be the next step.... Pretty crazy but I think that's it for Saab, it's over!

Any thoughts? Will you miss Saab? Would you consider buying one now at a huge discount?
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Old 10-21-2011, 06:34 PM
 
Location: Sierra Vista, AZ
17,531 posts, read 24,747,590 times
Reputation: 9981
Quote:
Originally Posted by X-Greensboro Resident View Post
Looks like Saab took its last gasp of oxygen today when the Chinese investors pulled out and the judge stopped the bankruptcy proceedings. Liquidation seems to be the next step.... Pretty crazy but I think that's it for Saab, it's over!

Any thoughts? Will you miss Saab? Would you consider buying one now at a huge discount?
I'd like a Viggen. Perhaps someone will bring it back
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Old 10-21-2011, 06:51 PM
 
Location: Eastern Washington
17,234 posts, read 57,227,596 times
Reputation: 18637
I'm not much on current production period, but I can say that so long as there is a cult following for a car, the OEM going out of business does not mean much. Consider (British Leyland) MG and Triumph - parts and even specialist service shops are not hard to come by, relatively speaking.

I do hate to see them go. One reason I don't like current production is the dull sameness of most of the cars.
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Old 10-21-2011, 06:52 PM
 
4,500 posts, read 12,376,232 times
Reputation: 2901
Well you never know, maybe Koenigsegg will jump on this again and try and buy it, their plans for the brand were pretty viable and they had economic backing for it.

Saab were pretty good vehicles and it's unfortunate that they might disappear, the Saabs on the market are already cheap, but if they go under, they'll be sold for nothing at all, and I would seriously consider getting a low mileage model.
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Old 10-21-2011, 07:01 PM
 
Location: 112 Ocean Avenue
5,706 posts, read 9,656,522 times
Reputation: 8932
Is this another Saab story?
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Old 10-21-2011, 08:34 PM
 
Location: San Antonio
1,712 posts, read 4,149,808 times
Reputation: 2721
I would want one had they not been a GM company for so long. Too many GM components still in the SAAB.
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Old 10-23-2011, 02:13 PM
 
9,846 posts, read 22,719,619 times
Reputation: 7738
Looks like they are trying to work through everything but I have my doubts they will ultimately make it unless they totally reconfigure their business and product line.

They just let their product and marketing drift away into the sunset and they've been out to lunch for a while.
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Old 10-23-2011, 04:44 PM
 
Location: Metro Phoenix
11,039 posts, read 16,905,851 times
Reputation: 12950
It's a shame. My first car was an '86 900 SPG. That thing handled, had a great sitting position and commanding view of the road despite its size... plenty of space... and while it did give me problems, it finally died at 300k. I've driven the Viggen; it's a great car. The 9-5 was a nice sedan, especially with the turbocharged engine and a manual transmission.

Saab had great potential but GM killed it with a total lack of marketing and - as was par for the course with them for a few decades - completely and totally mindless badge engineering (the Saabaru 9-2x and Trailblazer-derived 9-7) that alienated old buyers and confused new buyers.

It'd be great if someone could turn them around, but it'd take a lot of work.
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Old 10-23-2011, 09:32 PM
 
Location: Full Time: N.NJ Part Time: S.CA, ID
6,116 posts, read 12,647,644 times
Reputation: 8687
Quote:
Originally Posted by redjacket View Post
is this another saab story?
Terrific post.
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Old 10-23-2011, 11:56 PM
 
9,326 posts, read 22,052,745 times
Reputation: 4571
My old dealer was offering 9500 off a 9-5. Sad news


- 1978 900
- 1995 900 se convertible
- 2003 9-5 arc
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