The end of the line for Saab - with a poll! - Honda CRZ Forum: Honda CR-Z Hybrid Car Forums

GoHuskies · 06-23-2011, 10:25 AM

Saab doesn't have the money to pay its workers - Jun. 23, 2011

Quote:

NEW YORK (CNNMoney) -- Swedish automaker Saab said on Thursday that it doesn't have the money to pay its workers.
Swedish Automobile N.V., the parent company, said the automaker "will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding."

The company said it is "in discussions with various parties" to get short-term funding.
The discussions are ongoing, it said, but there is "no assurance that these discussions will be successful or that the necessary funding will be obtained."
The announcement comes just days after Saab Automobile, on June 9, said it was suspending production at its factory in Trollhattan "pending more stable inflow" of auto parts.

Add to this I learned from the web that Bank of America and other lenders will not even provide loans for Saab vehicles.

But.... What if Saab wasn't on the verge of death with only 3 models in the lineup. What if Saab has a full range of models including the 9-4, 9-5, a new Saab 9-3, a small CR-Z competitor 9-2, as well as wagon versions to 5 & 3. As well as diesel engines offered.

Would you buy a Saab?

MattB · 06-23-2011, 10:50 AM

Saab sometimes makes neat cars, but I've never heard them praised for their reliability. That's just anecdotal evidence, but I've never trusted the brand personally and it would take a lot to change that.

VTEC Mini · 06-23-2011, 11:11 AM

Thats a Saaby looking car.

TwoZs · 06-25-2011, 10:36 PM

Hmmm. I've never been a fan of Saab. My brother in law was until his last two both were pains to keep on the road. And he bought the last one when it was maybe 18 months old for half new price, so that's some serious depriciation!

holeydonut · 06-25-2011, 11:00 PM

I know a guy who was hell bent on getting a manual transmission wagon in the USA... he got a Saab because the Mazda6 wagon didn't get very good fuel economy.

I guess he has a one-of-a-kind vehicle now...

HughJorgan · 06-26-2011, 06:09 PM

Where's the poll option for "maybe, if they'd change their name to something that doesn't sound like a pre-menstrual teenage drama queen"?

View Poll Results: If Saab offered the type of car you'd want would you buy one?
Yes, I'd love to drive a Saab and help keep the company viable.	0	0%
No, I'd be to worried about the company going under.	3	17.65%
Yes, but I'd want to buy used since Saab cars depreciate so fast.	3	17.65%
No, I don't like Saab cars.	13	76.47%
Multiple Choice Poll. Voters: 17. You may not vote on this poll

06-23-2011, 11:11 AM	#3 (permalink)
VTEC Mini Join Date: May 2010 Posts: 3,102	Thats a Saaby looking car. __________________

06-25-2011, 11:00 PM	#5 (permalink)
holeydonut Senior Member Join Date: Apr 2011 Location: San Jose, CA Posts: 353	I know a guy who was hell bent on getting a manual transmission wagon in the USA... he got a Saab because the Mazda6 wagon didn't get very good fuel economy. I guess he has a one-of-a-kind vehicle now... __________________ CVT + EX + Nav + Backup Camera

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06-23-2011, 10:50 AM	#2 (permalink)
MattB Senior Member Join Date: Apr 2011 Location: Hershey, PA Posts: 215	Saab sometimes makes neat cars, but I've never heard them praised for their reliability. That's just anecdotal evidence, but I've never trusted the brand personally and it would take a lot to change that.

06-26-2011, 06:09 PM	#6 (permalink)
HughJorgan Member Join Date: Jun 2011 Posts: 36	Where's the poll option for "maybe, if they'd change their name to something that doesn't sound like a pre-menstrual teenage drama queen"?