Let's compare Apples with Apples...
Can anyone give a 'Yes' answer to the question: Did GM do to SAAB what Ford did to VOLVO; during all those years they owned the brands respectively?
"SAAB brand has become a 'pain in the arse' for GM" vs. "Ford is very close to completing the selling of VOLVO to Chinese Geely"...Huh what a big-big difference...Don't you think?VOLVO at the beach...
SAAB: Svenska Aeroplan Aktie Bolag (Swedish Airplane Corporation)
VOLVO is Latin and means "I roll"
SAAB 1947 & 1954
THE HISTORY OF GM's SAAB1990: Car division splits from aircraft business. GM and Investor AB take 50% stake
2000: GM takes 100% ownership
Jan 2009: GM announces talks to sell Saab
Aug 2009: Koenigsegg agrees terms to buy Saab.
Nov 2009: Koenigsegg pulls out of talks.
1 Dec 2009: GM says will consider offers until end of December
18 Dec 2009: GM announces the winding down of Saab
SAAB
A Voice On The Web:The Time Is Now – Please Complete The Sale Of Saab
Come on GM, get a move on, there are only 9 days left until the end of the year. You owe it to the folks at Saab, all of the workers in Trollhättan, all the dealers around the world and everyone else that has contributed to this company to make it what it is. They are counting on you and so are we.
VOLVO
In 1999 Volvo sold its car division Volvo Cars to Ford for $6.45 billion. The Volvo trademark is now shared between Volvo AB, where it is used on heavy vehicles and the unit of Ford, where it is used on cars. Recently, Ford is evaluating whether to on-sell Volvo Cars. On 1 December 2008, Ford announced that it will "re-evaluate its strategic options for Volvo," including the possible sale of the brand. In 2009, Ford Motor Company has confirmed that the preferred buyer of Volvo Cars is Chinese motor manufacturer Geely.
In brief: VOLVO is "rolling" very happily off to mainland China where SAAB is blinking in its death bed.
1999 SAAB & VOLVO
2004 SAAB & VOLVO
2009 SAAB & VOLVO
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