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The Future of Saab?

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  • robr2robr2 BostonPosts: 7,854
    I think it's more of a long term concern with the US market. IIRC, a Geeley recently achieved a high crash test score in the Euro testing - with pre-Volvo technology.

    Imagine having a competitor come after you with your own technology.
  • steverstever Viva Las CrucesPosts: 40,841
    Good point - the global market can come back to bite you in lots of ways, including in your own backyard.

    At least in North America, the courts would be a little more sympathetic to a technology theft lawsuit.

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  • fintailfintail Posts: 33,804
    And now no warranty...should make clearing out the leftovers very easy. Sad way to end it.
  • That just means even bigger discounts if they want to unload.
  • fintailfintail Posts: 33,804
    They will have no choice. I'd think a third off at least, as I assume a buyer would have no lemon law rights, either.
  • steverstever Viva Las CrucesPosts: 40,841
    Aftermarket warranty anyone?

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  • robr2robr2 BostonPosts: 7,854
    ...on a orpahn Saab? The cost of that will negate the discount on the car.
  • steverstever Viva Las CrucesPosts: 40,841

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  • steverstever Viva Las CrucesPosts: 40,841

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  • fezofezo Posts: 9,359
    That can't be good news. You sent a dead link....
  • steverstever Viva Las CrucesPosts: 40,841
    edited December 2011
    Hm, somewhere along the line part of the URL got changed from /gm-to-honor to /general-motors-to-honor. Oh well, trying again.

    General Motors To Honor Some Saab Warranties...Because They Have to

    Wonder how many sudden acceleration cases popped up when people couldn't find the ignition switch?

    And Vonnegut ran a Saab dealership. That's a bit bizarre.

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  • hpmctorquehpmctorque Posts: 4,205
    Saab has no future, just a past. Criticisms that GM killed Saab are inaccurate. Saab was on its death bed when GM first bought a stake in the company, and later bought the remaining shares. Unfortunately, GM failed to fulfill its goal of appealing to customers that were attracted to Euro brands rather GM models. The net result was that instead of turning a sick Saab around, GM merely kicked the can down the road. In fairness to to GM, though, turning Saab around would have been difficult, since it was a niche brand. Difficult, but possible.

    What Saab had, and still has to a remarkable degree, is a core of super loyal owners and fans. The problem is that core is too small to achieve the economies of scale required to be competitive today. GM's plan to address that by sharing platforms and components with Opel was reasonable, and might have worked, if executed differently. I think the main problem was that GM execs didn't understand Saab well enough. They understood Saab's uniqueness conceptually, as in an MBA case study, but that level of understanding was too superficial to introduce models that would continue to appeal to Saab loyalists, and to expand the base of ownership. That's too bad, but the marketplace has rendered the final verdict.

    One thing that can be said about Saab is that if there was ever a car brand with nine lives, Saab was that brand.
  • robr2robr2 BostonPosts: 7,854
    What Saab had, and still has to a remarkable degree, is a core of super loyal owners and fans.

    The problem with those owners is that most were loyal owners and fans of pre-owned Saabs. Although they were huge supporters, even they knew not to buy a new Saab.
  • hpmctorquehpmctorque Posts: 4,205
    Interesting. Didn't know that.
  • robr2robr2 BostonPosts: 7,854
    If you were to visit any Saab board, most would only buy used after the depreciation hit.
  • steverstever Viva Las CrucesPosts: 40,841
    Good name for the platform. Sounds like Saab owns all the IP for that platform, and there's a good chance the Saab name will live on in some form, somewhere.

    Saab may never build another car, but name will live on (USA Today)

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  • fezofezo Posts: 9,359
    The asset sale may include Saab's factory equipment, but no GM know-how for building and developing cars, powertrains and vehicle architectures.

    And this is a bad thing? :confuse:
  • steverstever Viva Las CrucesPosts: 40,841
    First I've heard of this.

    "Even though the company entered bankruptcy protection late last year and has largely ceased operations, its cars still have a following of clubs and enthusiastic individual owners. A lot of these folks are planning to meet at dealerships, mechanic shops, restaurants and other spots today, tomorrow and next weekend in what could be a final show of support for Saab before the lights go out for good."

    Saab Owners Still Rallying To Support Brand (WSJ)

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  • steverstever Viva Las CrucesPosts: 40,841
    "Trustees have previously said six or seven potential investors are mulling plans to save the brand from dissolution.

    They wouldn't reveal how many bidders remained in the race Tuesday or when proceedings are expected to be concluded."

    Saab's assets are too small to cover debts (Detroit News)

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  • nippononlynippononly SF Bay AreaPosts: 12,692
    Saab still isn't permanently dead yet? Amazing.

    2013 Civic SI, 2009 Outback Sport 5-spd (stick)

  • steverstever Viva Las CrucesPosts: 40,841
    edited April 2012
    Oh, different Youngman. No fiddling around this time?

    Youngman Makes Another Bid for Saab (Straightline)

    The bankruptcy court gave Saab six months to pay their bills. They couldn't. So the judge gave 'em another six months. /badda boom

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  • steverstever Viva Las CrucesPosts: 40,841
    edited June 2012
    "Bankrupt Saab has been sold to a Chinese-Swedish investment group that plans to make electric vehicles and focus on "future transportation solutions."

    The company "will start a new operation" to develop and produce electric cars, the administrator of the bankruptcy process said on Wednesday. No sale price was given for Saab. The new owners did not say how much they plan to invest in the Swedish automaker."

    Saab Sold, Will Concentrate on Production of Electric Cars (Inside Line)

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  • fezofezo Posts: 9,359
    Don't suppose that will do anything for folks like my brother when he needs parts for his 2001 9-3 convertible....

    I see they are only buying parts of Saab - leaving things like the 9-5 and 9-4 with GM.
  • steverstever Viva Las CrucesPosts: 40,841
    edited June 2012
    GM wouldn't part with their technology behind the 9-4 and 9-5. They squashed one prior deal because of that.

    Sounds like there's still some jockeying going on over the rights to the Saab brand name.

    Some Swedish state that's owed money has interest in the spare parts business so tell your brother to brush up on his nusvenska.

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  • fezofezo Posts: 9,359
    I suspect that before it comes to that he'll move on to something else though he does hang on to cars a long time.
  • harmiclirharmiclir Posts: 8
    Got in a fender-bender in my '03 9-3 two days ago. GEICO, which is a great company and has taken care of me for years, told me that within two years there will be no spare body parts for any Saab brands and that it can't guarantee that future repairs will be made.....our Saabs are probably worth more now for parts than as cars.

    Get out of your Saab while you still can. I love the Saab. It has very low mileage and I'd have been able to keep it for another ten years with some loving care. Not going to happen. Oh well.
  • robr2robr2 BostonPosts: 7,854
    Well Geico is wrong. SAAB Parts AB was independent of SAAB Cars AB. They were not part of the bankruptcy and are still in business.

    SAAB parts will be available for as long as it is financially feasible for SAAB Parts to be profitable making them. Further, there are plenty of aftermarket companies that make body and mechanical parts.
  • bachebache Posts: 1
    Do I have any recourse? My 2010 9-3 Saab was determined to be a Lemon but the Bankruptcy judge denied the claim. Since then the Engine lost compression with only 25k miles on the car. I still have 12 payments left on the lease.

    Does anybody have any ideas? Class action lawsuit?
  • robr2robr2 BostonPosts: 7,854
    Unfortunately, 2010+ SAABS were warrantied by SAAB US which of course is bankrupt. A class action suit would require multiple plaintiffs suing a company that doesn't exist anymore.

    I think you are out of luck.
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