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GM review poses threat of closure to Saab
By James Mackintosh in Detroit
Published: January 10 2005 22:01 | Last updated: January 10 2005 22:01
A General Motors review of its Saab subsidiary could lead to the upmarket car brand being axed, if the heavy investment required to revive it is deemed unjustified.
GM executives and people familiar with the study said there was only an outside chance that the Swedish marque would be killed off by the review, due to be completed within three months.
But even a remote threat of the company being closed is likely to prompt a political storm in Sweden, where the automotive industry is one of the most important employers.
Goran Persson, prime minister, has already visited Zurich, where GM's European headquarters is based, to offer significant investment in the region around Saab's Trollhättan factory if it is given more production.
Latest news from the Detroit motor show
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GM added two new models to the Saab line-up last year in what executives said was a "quick and dirty fix" to improve sales. But Rick Wagoner, GM chairman and chief executive, admitted on Sunday that the new 9-2X small Saab, based on a car from Subaru, GM's Japanese affiliate, had not met sales targets after a botched US launch.
John Devine, GM's chief financial officer, said in an interview on Monday that the Saab brand "still has attraction".
"It does have a future but how big and what role it plays are what we are looking at right now," he said. One big question, he added, was "how to take the currency risk out of manufacturing". That comment is likely to increase concerns about the future of the Swedish factory, which has been badly hurt by the strength of the Swedish Krona.
According to GM insiders, the company remains unclear what the Saab brand stands for. The typical customer is an academic - and, says one executive, "the question is, are there enough university professors to make the investments worthwhile?"
Saab has lost money in all but one of the past 10 years and GM has steadily reduced its autonomy over the past 18 months. Manufacturing, engineering and most design decisions are now controlled by GM Europe executives, based in Germany or Switzerland, reducing Saab's local management to controlling branding and marketing.
The review coincides with a decision on whether to build GM's new Opel Vectra saloon and the replacement for the Saab 9-3, both due in 2007, at Saab's Trollhättan factory. Trade unions have warned that if production is moved to Opel's Rüsselsheim plant, which has also bid for the work, then Trollhättan is likely to close, although GM denies this. The Saab plant employs 6,000 workers.
Trollhättan was given a boost this week by the news that it will build the small Cadillac aimed at Europe, but the car, based on the existing Saab 9-3, will not sell enough units on its own to justify keeping the factory open.
Saab naar Ford? Mja, ik hoop van niet! Puur persoonlijk dan want ik ben nogal een Ford hater . Maar ik denk wel dat hoe sneller Saab van GM verlost is hoe beter. Als er maar iemand is die terug leven in dit schitterende merk kan (wil) blazen (en vooral: hun eigen ideeën respecteert). We zullen zien wat de tijd brengt
GM review poses threat of closure to Saab
By James Mackintosh in Detroit
Published: January 10 2005 22:01 | Last updated: January 10 2005 22:01
A General Motors review of its Saab subsidiary could lead to the upmarket car brand being axed, if the heavy investment required to revive it is deemed unjustified.
GM executives and people familiar with the study said there was only an outside chance that the Swedish marque would be killed off by the review, due to be completed within three months.
But even a remote threat of the company being closed is likely to prompt a political storm in Sweden, where the automotive industry is one of the most important employers.
Goran Persson, prime minister, has already visited Zurich, where GM's European headquarters is based, to offer significant investment in the region around Saab's Trollhättan factory if it is given more production.
Latest news from the Detroit motor show
Click here
GM added two new models to the Saab line-up last year in what executives said was a "quick and dirty fix" to improve sales. But Rick Wagoner, GM chairman and chief executive, admitted on Sunday that the new 9-2X small Saab, based on a car from Subaru, GM's Japanese affiliate, had not met sales targets after a botched US launch.
John Devine, GM's chief financial officer, said in an interview on Monday that the Saab brand "still has attraction".
"It does have a future but how big and what role it plays are what we are looking at right now," he said. One big question, he added, was "how to take the currency risk out of manufacturing". That comment is likely to increase concerns about the future of the Swedish factory, which has been badly hurt by the strength of the Swedish Krona.
According to GM insiders, the company remains unclear what the Saab brand stands for. The typical customer is an academic - and, says one executive, "the question is, are there enough university professors to make the investments worthwhile?"
Saab has lost money in all but one of the past 10 years and GM has steadily reduced its autonomy over the past 18 months. Manufacturing, engineering and most design decisions are now controlled by GM Europe executives, based in Germany or Switzerland, reducing Saab's local management to controlling branding and marketing.
The review coincides with a decision on whether to build GM's new Opel Vectra saloon and the replacement for the Saab 9-3, both due in 2007, at Saab's Trollhättan factory. Trade unions have warned that if production is moved to Opel's Rüsselsheim plant, which has also bid for the work, then Trollhättan is likely to close, although GM denies this. The Saab plant employs 6,000 workers.
Trollhättan was given a boost this week by the news that it will build the small Cadillac aimed at Europe, but the car, based on the existing Saab 9-3, will not sell enough units on its own to justify keeping the factory open.
Staat ook op Saabcentral (zit jij daar ook?), en heb er dit gepost:
"I really hope GM sells Saab to Ford. Not necessarily my first choice, but it'd be the most likely thing to happen (well, second to Saab disappearing altogether). Saab could work closely with Volvo in Sweden, and since the latter are doing quite well, why not? Mazda has been great under Ford ownership as well, not to mention Aston Martin. Jaguar was a little less well off, I'd have to say. But still, think about what could have happened with all these brands if GM owned them. Volvo and Saab working as a team in Sweden. That'd make sense."
Als er een God is, dan gaat Saab naar Ford.
Langs de ene kant is het idd veel beter dat Saab onder Ford-vleugels komt te liggen ipv onder die van GM. Want GM heeft in mijn ogen Saab meer kwaad dan goed gedaan. En over Ford ben ik veel meer te spreken mbt de manier waarop ze met de Europese afdelingen van PAG omgaan (al ben ik er niet 100% tevreden over). Maar als Volvo en Saab onder dezelfde vleugels gaan zetelen, gaan ze dan niet na een tijd gewoon in elkaar overvloeien? Dat lijkt me ook weer niet goed. Nu ja het kan in feite bijna niet slechter dan hoe de situatie nu is met het eigenaarschap van GM.
The greatest trick the devil ever pulled, was convincing the world he didn't exist
2004 was een uitstekend jaar voor de Belgische Saab-invoerder Beherman. Er werden 3120 nieuwe Saabs ingeschreven, een stijging van 15,5% tegenover vorig jaar. Zeer merkwaardig is het aandeel van de 9-3 Cabrio. Die neemt met 777 stuks maar liefst 25% van de Belgische verkoop voor zijn rekening. Geen enkel land doet dat na. Blijkbaar lusten de Belgen wel pap van dat model of (en dat is natuurlijk minder positief) weten de andere modellen te weinig te overtuigen.
1963 Land Rover Series IIa
1994 Mercedes SL320
2015 Land Rover Discovery SDV6
2016 Porsche Cayenne GTS
er doen al ruim 6 maand die geruchten alsof Saab in de toekomst niet meer zou bestaan... dringend meer modellen nodig en dan liefst nog met een eigen identiteit!
er doen al ruim 6 maand die geruchten alsof Saab in de toekomst niet meer zou bestaan... dringend meer modellen nodig en dan liefst nog met een eigen identiteit!
En waar gaan ze het geld halen? Van GM krijgen ze geen geld meer om zelf dingen te ontwikkelen, laat staan produceren. De goedkope Subara kloon 9-2x heeft niet het gehoopte succes in de USA en ik vrees of de 9-7 dat wel gaat hebben. Goedkope klonen is nu net niet waar een Saabist op zit te wachten, believe u me
Bij de nieuwe 9-3SS krijgen ze de 2.0T niet stabiel en betrouwbaar getuned boven de 250pk omdat de software en mechaniek van Opel zich er niet toe leent . Op het testcircuit in Zweden zijn (waren) ze aan het testen met een 2.0 van 1000pk. En dat met de standaard blok van de vorige 9-3.
Als het tunen van de turbo blokken niet meer mogelijk is dan gaan ze nog meer klanten verliezen denk ik. Die mensen gaan niet blijven rijden met 900's en 9-3's... . Het tunen is een beetje de magie rond Saab en dat zou nooit mogen weggaan. Hoe verklaar je anders de lange lijst van leveranciers en tuners die specific voor Saab werken? Zoals er zijn, Hirsch, MapTun, Group 9 Performance, Nordic Tuning,SweedSpeed, Swedish Dynamics, MP Performance, Abbott, ... . Het is toch ongewoon dat er zoveel aanbod is voor zo'n beperkte markt?
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