GM statement regarding Saab inquiries-2009-12-20
Following Friday's announcement that GM will begin the orderly wind down of Saab, GM has received inquiries from several parties. We will evaluate each inquiry. We will not comment further until these evaluations have been completed.
I will not say "Great Minds Think Together" as i don't know who is making an offer for the great SAAB brand at this time. BUT who ever it is knows, without any doubt, that this opportunity can not be missed. I still expect Roger Penske to come up with an offer but not a signal yet. I recently posted a few rational thoughts re this issue and you may click the below to read them. Jalopnik covered the latest GM announcement promptly and is also posted herebelow.
*Editorial: GM, don't touch my brand..!(Focusing On Brand Ownership)
*We Discredit GM's final decision to shut SAAB down; and that is "to the LAST DROP!!!"
GM shouldn't bring out the dead just yet. Swedish national papers are reporting Spyker's making a last-ditch attempt to purchase Saab and prevent the brand from getting irrevocably Börked. Now GM's saying it's weighting options.
We'd assume — out of national pride at least — Sweden would be doing everything possible to try and retain existence of its quirky but still seemingly loved brand. The question we've got is who's going to pick up the funding end that Russian backers — the sticking point in GM shooting down the sale due to intellectual property concerns — and make GM feel all safe and snugly?
Still, we're now hearing the following from GM:
"Following Friday's announcement that GM will begin the orderly wind down of Saab, GM has received inquiries from several parties. We will evaluate each inquiry. We will not comment further until these evaluations have been completed."
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