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SAAB Sale off - GM Left with loss making Swede - Falkirk Bairn
BBC Reports sale is off

news.bbc.co.uk/1/hi/business/8377076.stm

Who will buy it now?


Have a look at your "M" key FB - seems to be tyoing "N"s !

Edited by Pugugly on 24/11/2009 at 17:02

SAAB Sale off - GM Left with loss making Swede - veryoldbear
Dammit that looks like that's it then. Poor old SAAB I loved them well 96 / 900 / 95 some of each.
SAAB Sale off - GM Left with loss making Swede - Pugugly
Read somewhere that GM will hang onto it. They seem to be recovering quickly.
SAAB Sale off - GM Left with loss making Swede - rtj70
New GM (without a lot of the liabilities) does seem to be recovering. Keeping SAAB is probably doable and makes sense. When they agreed to sell it they had to.

I wonder if they avoided bad publicity around retaining SAAB (like the did GM Europe) by asking the buyer to pull out?

I wish them all the best personally. Nobody wants them to fail do they? Massive global employer.
SAAB Sale off - GM Left with loss making Swede - Alby Back
Those who follow the motor industry are acutely aware of SAABs current problems. Joe Normal still thinks of it as a good brand. A good, well managed marketing team could still easily re-launch it with some willingness and investment from GM.

I am available at the right price......

;-)
SAAB Sale off - GM Left with loss making Swede - Pugugly
I'm free ! (in all senses of he word) - I just hope it succeeds.
SAAB Sale off - GM Left with loss making Swede - boxsterboy
I think Koenigsegg were a bit optimistic in thinking they could make Saab work. And as GM have a made-over Insignia ready to release as the new 9-5, I hope they stick to it. It would be a shame to see Saab go at the expense of numerous faceless Korean/Chinese car companies.
SAAB Sale off - GM Left with loss making Swede - rtj70
Not looking so good for SAAB tonight if not sold...

news.bbc.co.uk/1/hi/business/8389677.stm

To quote:

"GM said that if it did not find a "suitable arrangement" it would then "wind down" Saab."

Edited by rtj70 on 02/12/2009 at 00:11

SAAB Sale off - GM Left with loss making Swede - Rattle
Maybe HJ members could buy it, call it for the Budgie Consortium. We could then run it for a few years, milk out the assets, maybe sell any none GM copyright stuff to the Chineese then have a good retirement with the money we milk from it when the company goes into admin.

SAAB Sale off - GM Left with loss making Swede - grumpyscot
Funny how great names get ruined by the big boys - Saab by GM, Volvo by Ford, Bank of Scotland by Halifax, Natwest by Royal Bank of Scotland...........
SAAB Sale off - GM Left with loss making Swede - WorkshopTech
GM ruined Saab. The old stuff was great, but the newer GM-based cars are plagued with problems. Ford are doing the same with Volvo.
SAAB Sale off - GM Left with loss making Swede - 659FBE
I couldn't agree more - as a long term (proper) SAAB owner of old. My VAG replacement just feels like a committe designed appliance.

As long as one of the big boys doesn't get hold of Fuller's brewery...

659.
SAAB Sale off - GM Left with loss making Swede - Martin Devon
As long as one of the big boys doesn't get hold of Fuller's brewery...
659.

>>
We do have Pride you know!
SAAB Sale off - GM Left with loss making Swede - idle_chatterer
Maybe HJ members could buy it call it for the Budgie Consortium. We could then
run it for a few years milk out the assets maybe sell any none GM
copyright stuff to the Chineese then have a good retirement with the money we milk
from it when the company goes into admin.


Now that sounds like a plan
SAAB Sale off - GM Left with loss making Swede - Rattle
Of course I was just taking the mick out of what happened at Rover but unless a bigger company takes over Saab it can only go the same way.

I don't think Volvo has been ruined it got to use some of the best Ford technology, sadly Saabs were based on rather average GM platforms and that is why they are no longer what they were. Saab never as strong image as BMW or Merc so the market is probably a little crowded anyway.
SAAB Sale off - GM Left with loss making Swede - Pugugly
We can't agree on almost anything which would be a good start
SAAB Sale off - GM Left with loss making Swede - Bagpuss
I had a Saab 95 Estate for a week a little while back. It was one of those cars where I couldn't think of any reason why anyone would buy one. It didn't handle or ride as well as a Mondeo or Passat, had a petrol engine with turbo lag like a diesel and the Dame Edna facelift has completey ruined the previously attractive styling. The seats were comfy, but they are on all large cars these days and there was a button to switch off the all the dashboard lights except for the speedo which I've only ever seen on Saabs. This, together with the fiddly transmission mounted ignition switch, seem to be the only things differentiating it from any other large estate car.
SAAB Sale off - GM Left with loss making Swede - TheOilBurner
there was a button to switch off the all the dashboard
lights except for the speedo which I've only ever seen on Saabs.


Peugeot / Citroën offer this on some cars too (and have for a few years), so even that isn't unique.

But since when do people buy cars because they're unique? They need to be good cars full stop, quirky features don't sell cars, do they?

The obvious problem is, that recent Saabs are just not good enough for the price being charged.
SAAB Sale off - GM Left with loss making Swede - 659FBE
There's a huge difference between the genuinely well thought out detailing of the pre-GM SAABs which resulted in some odd but logical features and GM's attempts to replicate them by adding a few "features" to their standard platforms.

At the bottom end of the market, GM might just get away with digging out some old flashy badge and sticking it on Daewoos, but with SAAB they had a discerning market and a really well detailed product to follow. Original SAABs were far better thought out than the American applicators of chrome headlamp bezels and other hopelessly non-contextural details could possibly manage.

Of course it hasn't worked - and won't. RIP SAAB - I still miss mine.

659.
RIP Saab - Rattle
news.bbc.co.uk/1/hi/business/8421007.stm

I find this quite sad but we all knew it would come to this :(
RIP Saab - Lygonos
Should be plenty 9-3 convertibles for knock-down prices over next month or two (see also Rover after their demise) - expect 40-50% discount on RRP.
RIP Saab - WorkshopTech
Pity that VAG didnt buy it. A saab version of the Yeti would have been nice, or how about ruggedised Octavias?

Shame that Gm took them on really, I think they knobbled the best bits of the company.
RIP Saab - the swiss tony
Shame that Gm took them on really I think they knobbled the best bits of
the company.

Just like BMW - Rover then!
RIP Saab - Altea Ego
Just like BMW - Rover then!


No not at all. Rover had no "best bits"
RIP Saab - the swiss tony
No not at all. Rover had no "best bits"

Land Rover technology, New MINI......
RIP Saab - Rattle
I think that is unfair. They had a lot of knowledge of four wheel drive cars, how to make classy smaller cars, and of course knowledge of front wheel drive systems. None of which BMW had.

They also had a creative work force which could make outdated designs look almost modern.

I think Saab would have gone under if GM had taken them over or not, this market sector is just too crowded.
RIP Saab - diddy1234
And don't forget the series 1 BMW has bits of rover under the bonnet.

Not too sure if they still have rover bits.
When the 1 series came out it looked very much like a rover design (that was shelved).
Austin rover web site has more details.

Edited by diddy1234 on 18/12/2009 at 15:15

RIP Saab - LikedDrivingOnce
I think Saab would have gone under if GM had taken them over or not
this market sector is just too crowded.

>>
I don't agree Rattle. As long as you have a distinctive identity, which is valued by its customers, then you will survive.
Saab had that, before GM "corporatized" them.
RIP Saab - Statistical outlier
I think Saab would have gone under if GM had taken them over or not
this market sector is just too crowded.


Sadly I have to agree. I always wanted a Saab at some point. I was going to buy a 9-3 but the headrests were massively intrusive and I've since found out their reliability was hopeless.

I had a 9-5 hire car and was hugely disappointed by the handling and quality of the interior. Both were shocking for a very expensive, almost new car.

The image is not enough on its own. RIP.
RIP Saab - Martin Devon
No not at all. Rover had no "best bits"

P6
RIP Saab - corax
Exactly MD. And the P5B Coupe. If any of those get scrapped they should have the seats taken out and put in the living room!
RIP Saab - Martin Wall
...the Saab/Vectra-based Cadillac BLS is already very heavily discounted at broadspeed, drivethedeal, etc. Guess we can expect the Saab models to follow shortly.
RIP Saab - TheOilBurner
It's not only sad (I always fancies a Saab, just never got round to it) but also stupid - the replacement 9-3 and 9-5 was already in the can, just waiting to be released. They both looked a big improvement on the old cars too.

If they'd got them out on the road, it might have been enough to keep things going.

Thanks GM, thanks a bunch. Now our roads become even more monotonous than they were before.
RIP Saab - JH
Yes, very sad. GM seem to have a certain talent for failing to take advantage of a brands strengths. Thank goodness Lotus survived their kiss of death.

JH
RIP Saab - b308
"GM said its focus would remain on its four core brands - Buick, Cadillac, Chevrolet and GMC - as well as its European business Opel"

No mention of Vauxhall... or am I reading too much into that?!
RIP Saab - the swiss tony
No mention of Vauxhall... or am I reading too much into that?!

Vauxhall's are Opels with different grilles/badges......
....But...IMO the cost of those differences will soon become 'too much' and by 2011 Vauxhall will just exist in history books.
RIP Saab - redviper
....But...IMO the cost of those differences will soon become 'too much' and by 2011 Vauxhall will just exist in history books.

>>

Well that would be commercial suicide if you ask me, the UK is GM's biggest market in Europe,

Ok Vauxhalls may be re-badged Opels, however Vauxhall technically sell more cars than Opel. the brand in itself is stronger

Vauxhalls Ellesmere port plant is in GM's top 10 most productive/effciant plants ahead of Opels and this goes to show with the contract for the new Astra, so I dont see the Vauxhall name being dropped just yet.
RIP Saab - JH
it's only an Opel with a different badge.

JH
RIP Saab - Armstrong Sid
it's only an Opel with a different badge.
JH


Remember in the late 1970s/early 80s they were marketed as Vauxhall-Opel. All the branding was under the combined name and the separate identities disappeared for a few years. Eventually they saw the error of their ways and everything went back to being two different organisations
RIP Saab - JH
Nope, I missed that. I remember my dad having a Vauxhall Chevette and our neighbour had an Open Kadett. Clearly the same car with different front wings and a few other tweaks but the neighbour wouldn't have it. Still the neighbour did go on to buy an Allegro (or did that come before) so what can you say? :-)

JH
RIP Saab - WorkshopTech
The Chevette and Kadett were different cars. The Shovel had the 1256cc engine and the Kadett had something much better. As well as better handling due to different shocks/springs and a few other things. There was the Royale/Senator business and all that.
Eventually GM gave up with Vauxhalls and they became exactly the same as Opels, developed in Germany. The technical centre in Luton closed down and became a sort of training and call centre. Around 79-80's a lot of dealers were branded 'Vauxhall-Opel' as the brands merged, and then the Opel was dropped. I coincided with the intro of the FWD Astras and Cavaliers. I think they are Opel in Ireland still. Im sure the name Vauxhall was only kept for patriotic reasons and to keep some of the fleet buyers feeling happy they were buying british.
RIP Saab - madf
GM are an example of an engineering and marketing company taken over by muppets.
The design of the cambelt tensioner on many of their engines - the water pump - is a classic case of cost saving taking precedence over good design.

After 3-4 years , a new cambelt and its adjustment results in a leak as the water pump gasket fails..

See also Astra camshafts..


RIP Saab - Marc
I think it's a shame. IMO the 9-3 and 9-5 are good looking cars. Hopefully the 2.0T petrol engine will continue to live on in Vauxhall/OPELs.

Will be interesting to see what price they come down to now.
RIP Saab - Jcoventry
GM are an example of an engineering and marketing company taken over by muppets.


GM isn't a car company - its an insurance/healthcare company when you look at their financial reports! It has swallowed up their whole business. And look at the similarity of the situation to British Leyland. GM had too many 'unclear' brands that clashed with each other - BL had the same problem.
RIP Saab - JH
I remember they had different engines. I wouldn't like to say at what point they may be regarded as different cars. They looked identical from tha A pillar back. Anway this is SAAB's funeral 'scuse me chattering at the back of the church.

JH
RIP Saab - Roly93
I quote a senior GM exec as saying "saab is a company run by boffins in sports jackets with leather elbow patches".
Its a pity they couldn't see that this is the esscence of the value in the brand itself.

Edited by Roly93 on 18/12/2009 at 16:29

RIP Saab - corax
I remember getting a weekly lift in a classic shape saab 900 as a kid in 1980. It felt so solid and secure on the road, lovely dashboard, unusual shape. I drove a saab 95 last year and there was no comparison. GM have taken all the individuality and quality out of the product. I still like the looks though, I just wish the bits underneath were better.
RIP Saab - Badwolf
GM have taken all the individuality and quality out of the product.


Too true. I ran a 1995 9000 CDE 2.3 Auto for a while and was a member of the Saab Owners Club. From reading the Club Magazine and speaking to a few members it became clear that the overriding opinion was that, while still being good cars, the later 900, 9-3 and 9-5 couldn't match the 99, 900 and 9000 on sheer quality. My 9000 certainly felt as though it was unburstable and could carry on for another 150,000 miles without a problem.

It's such a shame that the Saab brand hasn't been allowed to go back to it's roots. Still, at least we've got our memories!
Orderly wind down - leaseoflife
So that's it for SAAB, after two optimistic sounding potential buyers have finally walked away, GM are going to wind down SAAB. Shame, I think, as I've seen the new 9-5 at a preview event, and was sure that it could have been the answer to some of the company's woes.
It hasn't made a profit since 2001, so GM couldn't afford to continue in that manner for too long. What does everyone else think?
Orderly wind down - Hamsafar
I've not seen the point of them since the 1980s.
Orderly wind down - leaseoflife
I think that they went wrong when GM started to position them as a premium offering, then started to force volume on a market that wasn't prepared to accept them, used values went down the pan, then thrown in a disastrous model year "improvement" to the 9-5, and people started to question the company's sanity.
Orderly wind down - Number_Cruncher
>>The design of the cambelt tensioner on many of their engines - the water pump

I don't think that has been true since about 1991 - the engines also have a sprung double eccentric tensioner, and you may choose to leave the water pump well alone.

Even before then, I tended to leave the water pump well alone when fitting a new belt, sliding the old belt off, and the new one on. 9 times out of 10, the tension was OK, and you could avoid having to disturb the water pump.
Orderly wind down - Brian Tryzers
I think it's simplistic to date Saab's problems from the beginning of GM's involvement. In the 90s that produced the 9-5 and the original 9-3, which may not have been world-beaters but which each established a loyal customer following, me included. I drove two Saabs over nearly seven years, took one on my honeymoon, brought my first child home in the other, and never felt that I'd have done as well to choose a Vectra instead.

The turning point was the new 9-3 in 2002, which threw away much of the distinctiveness Saab buyers valued - most of all the five-door body - in favour of being a second-rate me-too Audi imitation. I jumped to Volvo and never went back. I still hankered after a 9-5 estate until the 2005 face-smash knocked that idea into the weeds.

Saab had carved its niche by pleasing customers, not Clarksons or sales managers called Gary. GM or whoever sent it off after a new market and in the process lost sight of its old one, and that's courting disaster in any field of business.
SAAB Sale off - GM Left with loss making Swede - Martin Devon
We could then run it for a few years milk out the assets maybe sell any none GM
copyright stuff to the Chineese then have a good retirement with the money we milk
from it when the company goes into admin.

You could then get the premises you don't need!!

Martin
SAAB Sale off - GM Left with loss making Swede - brettmick
I bought a nearly new 150 Diesel 93 in mid range spec in 2006.

My dad had a 900 and 9000 many moons ago and I had fond memories of those cars, which he rated highly - particularly the 9000.

I put 70,000 miles on the car in 3 years and it was reliable, didn't chew tyres, was cheap to service (as I got 2 free and used an independent after) and did 49 MPG in that time.

It depreciated terribly. From £16k to £3.5k in 3 years (just before used prices firmed up). The Audi I didn't think I could afford at the time would have cost a bit more to buy, but would probably have been worth 10k at the same age/condition. A Mondeo/Vectra would have done me better in that sense.

The engine was noisy when cold, the gear change from 1st to 2nd when cold was terrible, even with a double-de-clutch. The front suspension was noisy, the dash felt flimsy and poorly screwed together and made odd squeaks and groans that changed position/noise/intensity depending on the weather and temperature.

The car looked fantastic from the outside and people liked it for its image as much as its looks.

Its a shame to see them go - but it's the shape of things to come.


SAAB Sale off - GM Left with loss making Swede - JH
I wonder how many have been sold in the last few months and how you feel if you are one of those buyers :-(

JH
SAAB Sale off - GM Left with loss making Swede - NowWheels
I wonder how many have been sold in the last few months and how you
feel if you are one of those buyers :-(


If you were sufficiently desensitised to have bought one of the ugly square-nosed poor-imitation-Saabs that GM has been peddling of late, then you're probably not in much of a position to feel anything at all.
SAAB Sale off - GM Left with loss making Swede - fredthefifth
Well I'm one - so thanks for that NW!

I had always fancied a SAAB and finally took the plunge bought a 58 Plate 9-5 Aero in the summer. Despite the views of others I liked the look, even though many others appear to followed the press induced hype and taken a dislike. And I have no issue with the quality either, though I accept that I didn't experience the older SAAB's, and the performance is brilliant.

I agree with the view of many on here that SAAB's demise is sad and probably the result of the company being run by accountants rather than people who actually care about the brand. The fact that so many appear to be dancing on the grave is perhaps evidence of the problem, that no effort went into selling the brand any more and consequently it withered and died.

Whether my view here is shared or not, it is indeed a sad day.

Regards.
FTF
SAAB Sale off - or is it? - henry k


Spyker submits a new Saab offer to General Motors


news.bbc.co.uk/1/hi/business/8423363.stm
SAAB Sale - A Bernie SAAB ? - henry k
news.bbc.co.uk/1/hi/business/8447365.stm
Troll / Trollhatten - veryoldbear
Bernie bidding for SAAB ? JUst had to get in with the joke first ....
Troll / Trollhatten - DP
I drove a new 9-3 Aero in 2008 and it was the lack of quality that struck me. I remember the Saabs of old being a bit like the Volvos of old - tanks. Cars that felt indestructible, and which you would bank on doing 250,000 miles before anything serious went wrong.

This was a Sportwagon and looked stunning in black, with some very tasteful chrome highlights. But I just couldn't believe how such a new "expensive" car (450 miles on the clock) could have so many creaks and squeaks, a visibly (to the naked eye) misaligned tailgate and some alarmingly cheap fittings inside. Also the radio display was playing up, and despite its performance, the engine was horribly harsh and noisy under load.

A lovely piece of design, which went like something off a shovel. It looked like a Saab, but just didn't feel like one IMHO.

I really hope they find a buyer, stick with their current designs (Dame Edna nosed 9-5 apart), and rediscover that feeling of solidity and unburstability that the 99 and 900 had in spades. Saab is one of those brands, a bit like Jaguar, which has a huge amount of goodwill from people, and I genuinely believe could succeed if the product matched the reputation.


Edited by DP on 08/01/2010 at 15:54

Troll / Trollhatten - TheOilBurner
The new 9-5 is ready to go, fully production ready and all.

It's even been tested by EuroNCAP.

www.euroncap.com/results/saab/9-5/2009/390.aspx

It'll be a great shame if it doesn't make it to production, especially since there is no shortage of apparent buyers for the Saab company itself, according to the media.

If Saab doesn't get sold, it'll look suspiciously like GM don't actually want to sell it for some crazy reason (maybe afraid that someone else can make it successful!?), they were just going through the motions.

Edited by TheOilBurner on 08/01/2010 at 16:27

Troll / Trollhatten - rtj70
If they don't want to sell it, then my guess would be the technology, platforms, etc. of SAAB end up with GM to be used under a different body. If the new SAAB 9-5 is all new then would they want to give this away?

Or maybe the SAAB 9-5 is based on another GM platform and again they don't want to have to give away this IPR?
Troll / Trollhatten - OG
I believe the SAAb 9-5 is based on GM's Epsilon II platform, common with the Opel Sigma and a couple of Buicks.
Troll / Trollhatten - rtj70
You are correct, it is based on the GM Epsilon II platform as used in the Open/Vauxhall Insignia.
Troll / Trollhatten - OG
So presumably any new owner would have to pay GM for the right to continue to use the platform and GM could impose conditions on how it was used and withdraw permission if it felt those conditions had been broken.

In effect any new buyer places themselves in GM's pocket.