We Discredit GM's final decision to shut SAAB down; and that is "to the LAST DROP!!!"

GM's SAAB decision definitely sets a new PEAK on Twitter today. 1000's tweeting about the unhappy ending for SAAB...

The final decision taken by GM, to shut SAAB down, sounds like the last resort for GM to place the great brand at. Our first impression,and still, is that GM publicly announced this decision to force the interested parties to act faster toward a final phase; a "take it or leave it" situation ... Holiday season is pretty close by and GM had given itself the month of December to finalise the SAAB issue. I am truly hoping that this is the scheme but doesn't much look like it...

We had suggested(click to read) more than a month earlier, when Koenigsegg pulled out, that Roger Penske should wake up out of his frustration with the failed Saturn deal and go for SAAB; which is a great deal more feasible than buying and operating Saturn. This is indeed a RATIONAL suggestion. Lets take a closer look at Roger Penske and his auto businesses and then you decide:

Penske Corp. Website Home Page: Unique in its heritage and formidable in its national and international scope, Penske Corporation is a closely held transportation services company that encompasses retail automotive sales and services, truck leasing, supply chain logistics management, transportation components manufacturing, and high-performance acing.

Penske Automotive Group Website:

Penske Automotive Group is the second largest publicly traded automotive retailer in the United States as measured by total revenue. As of July 31, 2009, we owned and operated 160 franchises in the United States and 150 internationally.

Penske Automotive Reports Third Quarter Results

Adjusted Income From Continuing Operations Increases to $30.9 Million

Adjusted EPS Increases 21% to $0.34

Adjusted SG&A Decreases 90 Basis Points to 81.3% of Gross Profit

Penske Truck Leasing website:
Whether you're renting a truck for household or business use, you get professional assistance, flexible and convenient reservation options and customer protection programs.

You can count on finding your Penske moving truck ready to roll at pickup.

That’s because more than 3,500 Penske-trained technicians at

close to 700 Penske service facilities nationwide put their expertise behind preparing every truck.

Penske Logistics website:

What if You Could Turn Cost Centers into Profit Centers?

Solutions for supply chain management.
The Science of Logistics
Optimize the efficiency of your entire supply chain. From sourcing and manufacturing through delivery and return, we apply precision technologies and extensive experience to formulate logistics solutions specifically targeted to meet your challenges. Advisor, Collaborator, Partner...

In addition to listed above, Penske Corp. owns and operates 5 more automotive companies:

Penske Automotive Group

MOST ADMIRED

Top 50 rank: N.A.

Rank in Automotive, Retailing: 1 (Previous rank: 3*) 

Overall score: 6.59

Address: 2555 Telegraph Rd.

Bloomfield Hills, MI 48302

Phone: 248-648-2500

Website: www.penskeautomotive.com

Industries

Most Admired

Company Industry Overall score

1 Penske Automotive Group 6.59

2 AutoNation 6.37

3 CarMax 6.32

4 Hertz Global Holdings 5.65

5 Avis Budget Group 5.36

Contenders

Company Industry Overall score

6 Group 1 Automotive 4.94

7 Rush Enterprises 4.69

8 Asbury Automotive Group 4.64

9 Lithia Motors 4.46

10 Sonic Automotive 4.40

From the March 16, 2009 issue

So Mr. Penske we can tell quite easily that you know what you are doing and how to drive sustainable  growth for your businesses. Better act fast and decisively; go get SAAB. It will be one hell of a  PITY if that well entrenched automotive brand is wiped off the industry. You can buy it, own it and indeed make it re-prosper. You are in the auto business BUT earning the identity of a vehicle manufacturer is definitely a different story and we believe is well deserved by an entrepreneur as yourself. Pick up the phone and call Ed Whitacre; you are alraedy of his important customers, retailing Chevies and Saabs and Saturns. If I were you, I would even call the President Obama and ask him how he can align The Auto Task Force to help GM and you settling a SAAB deal. I am darn sure that they will look in to it right away. Why not keep the great brand within the borders of the US Auto Industry instead of further helping the Chinese maintain their accelerated growth to beat you at your own turf???

Please Think About It. /MT

AND here's what this great brand will be introducing to the market IFF NOT DEAD: