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The Pub For General Automotive Related Talk |
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#31 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Location: Filling up
Posts: 1,459
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The numbers are amazing Koenigsegg which employees 45 people and has a turnover (based on vehicle sales) of apporx. $25 million US - is going to buy SAAB that globally employees 12000 and still has debts of $400 million even after the writedown.
The European Investment Bank must have a lot of confidence in Koenigsegg. Or have I read something wrong - interesting also that SAAB "owes" GM so much - you have to wonder what SAAB got from GM
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VIXEN MK II GT 0238 with Sunroof and tinted windows with out all the go fast bits I actually need ![]() |
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#32 | |||
FF.Com.Au Hardcore
Join Date: Jan 2005
Location: Perth WA
Posts: 1,204
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Quote:
It's not uncommon for large companies to transfer debt into an arm they are going to drop. |
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#33 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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Investor sells out of Saab rescuer
http://www.caradvice.com.au/38146/in...-saab-rescuer/ Quote:
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Daniel |
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#34 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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GM closes SAAB, Koenigsegg deal – report
http://www.caradvice.com.au/38413/gm...g-deal-report/ Quote:
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Daniel |
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#35 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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Scandinavian car-maker sale nigh
http://www.goauto.com.au/mellor/mell...257617002010AE Quote:
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Daniel |
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#36 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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Koenigsegg still on track to buy Saab from GM
http://www.caradvice.com.au/42450/ko...-saab-from-gm/ Quote:
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Daniel |
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#37 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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Saab sale falls through
http://www.goauto.com.au/mellor/mell...257678007FABF9 Quote:
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Daniel |
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#38 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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http://www.caradvice.com.au/48985/up...gg-terminated/
Quote:
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Daniel |
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#39 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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http://www.caradvice.com.au/49491/sa...al-new-buyers/
Quote:
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Daniel |
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#40 | |||
FF.Com.Au Hardcore
Join Date: Aug 2007
Location: Brisbane
Posts: 551
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http://wbztv.com/business/general.mo...2.1343548.html
Quote:
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#41 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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Hope yet for Saab as GM fields bids
http://www.goauto.com.au/mellor/mell...25768000003C19 Quote:
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Daniel |
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#42 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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GM strikes Saab deal with China’s BAIC
http://www.goauto.com.au/mellor/mell...25768C0081072C Quote:
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Daniel |
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#43 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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http://www.caradvice.com.au/50944/sa...o-assets-sale/
Quote:
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Daniel |
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#44 | ||
Regular Member
Join Date: Nov 2009
Posts: 61
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The poor chinese haven't got a clue. First they buy Volvo from Ford, then they buy Saab from GM. Don't they realise that they are no longer the quality vehicles they were famous for, before being owned by the two giants. The Saab stuff they are buying are old opel platforms.
I would have given $5,000,000 for the company and gone back to making the good solid model's they used to build before GM took over. They may have looked boring but they were a pleasure to drive on the highways. |
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#45 | |||
FF.Com.Au Hardcore
Join Date: Jan 2005
Location: GEELONG
Posts: 7,946
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http://money.ninemsn.com.au/article....=985655General
Quote:
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no longer have a ford but a ford man at heart R.I.P 98 EL MAY YOU HAVE A GOOD LIFE IN FALCON HEAVEN [SIGPIC][/SIGPIC]
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#46 | ||
Fordaholic
Join Date: Apr 2008
Location: Brisbane
Posts: 884
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Government Motors the company that killed SAAB, what a wonderful footnote GM has written into the history books.
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#47 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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http://www.caradvice.com.au/51277/gm-to-close-saab/
Quote:
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Daniel |
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#48 | ||
FF.Com.Au Hardcore
Join Date: Aug 2007
Location: Brisbane
Posts: 551
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R.I.P. Pontiac as well...
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#49 | ||
Automotive Designer
Join Date: Dec 2004
Posts: 751
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Very sad to hear that Saab is being wound down, however I'm surprised it has lasted this long with little investment being put into its lineup over the years on Gm's part - it's just another example of a brand that has been left to stagnate.
Whats makes the scenario even worse is that Saab were just about to launch the new 9-5 and upcoming 9-4x, both of which have had millions spent on development but now seem like they won't make the light of day as Saab products. I feel for Saab's employees back in Sweden, their jobs will be gone as will as the jobs of many component suppliers, and that brings me to another uncertain question mark - Volvo. A lot of Saab's component suppliers also supply Volvo, and basically when Saab goes Volvo will most likely run into supplier problems. |
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#50 | ||
\/\/\/\/\/\/\/\/
Join Date: Feb 2006
Posts: 5,701
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Australia produced more cars than Sweden last year, so it will be interesting to see what happens to Volvo as you say Stylist. It may be a little test case for Australia to see what would happen if a manufacturer was to leave here.
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#51 | |||
Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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Quote:
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#52 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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Spyker makes last-ditch bid for Saab
http://www.goauto.com.au/mellor/mell...2576920080BD90 Quote:
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Daniel |
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#53 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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http://www.caradvice.com.au/51298/sa...ine-by-spyker/
Quote:
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Daniel |
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#54 | |||
FF.Com.Au Hardcore
Join Date: Nov 2009
Posts: 1,421
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Quote:
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#55 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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http://www.caradvice.com.au/51511/sp...swedish-union/
Quote:
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Daniel |
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#56 | ||
If it ain't broke........
![]() Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,584
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http://www.news.com.au/business/brea...-1225813347619
Looks like Ford's sale of Volvo is going thru..........for a third of what the original purchase price was....
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Visitors welcome Relatives by appointment only Last edited by buggerlugs; 24-12-2009 at 09:05 AM. |
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#57 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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http://theage.drive.com.au/motor-new...1224-ldr7.html
Quote:
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Daniel |
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#58 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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http://www.caradvice.com.au/52032/sp...-gets-shelved/
Quote:
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Daniel |
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#59 | |||
XP Coupe
Join Date: Jan 2005
Posts: 2,098
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As a very wealthy american friend of mine once said, "it's very hard to kill a company":
Quote:
http://www.reuters.com/article/idUSLDE60422R20100105 |
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#60 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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http://www.caradvice.com.au/52245/sw...-saabs-future/
Quote:
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Daniel |
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