RE: Saab Sale: GM Says No
Tuesday 8th November 2011
General Motors has thrown a massive corporate spanner into the works of the deal to sell Saab to Youngman and Pang Da, repeating its previous threats that it would block the sale of the company to the Chinese car makers.
Saab Sale: GM Says No
New setback in the Saab sell-off saga as GM spits the intellectual property dummy
GM isn't just being a jealous ex, of course - everything Saab currently produces (or would produce, if it was making anything) relies heavily on GM components, and The General is clearly concerned about the safety of its intellectual property.
"Although General Motors is open to the continued supply of powertrains and other components to Saab under appropriate terms and conditions," says GM spokesman Jim Cain, "GM will not agree to the continuation of the existing technology licenses or the continued supply of 9-4X vehicles to Saab following the proposed change in ownership as it would not be in the best interests of GM shareholders."
Rather puts the kibosh Saab's £90m deal, doesn't it? "We have to go back to the drawing board," says Saab CEO Victor Muller.
Discussion
Mork of Ork said:
Erm maybe I'm being a bit dim but surely if they force SAAB to go under they will definitely sell no parts to them at all?
Its not the point of parts alone it's the research and development that went into them, if they supply China for 6months all the components will then be copied and made there so basically the Chinese company that is trying to buy them gets a fully developed product line that GM has paid for all R&D.leon9191 said:
Its not the point of parts alone it's the research and development that went into them, if they supply China for 6months all the components will then be copied and made there so basically the Chinese company that is trying to buy them gets a fully developed product line that GM has paid for all R&D.
More pertinently, they already use these platforms themselves in China and don't fancy the idea that their own technology will be used in a competitor's product.LuS1fer said:
I have become increasingly partial to that new Saab since they placed on as the headmaster's car on "Waterloo Road". Product placement does work.
"Product placement does work"Not if you have a mind of your own.
Saab is dead on its arse, this is more humiliating than the Rover saga.
thewheelman said:
"Product placement does work"
Not if you have a mind of your own.
Saab is dead on its arse, this is more humiliating than the Rover saga.
Nothing to do with a mind of your own, it allows a product to be seen on the raod from different angles and makes you aware of something you might otherwise not consider. Forget the Saab link for a minute, that's not really relevant to becoming more aware of a product. You can still reject it on other grounds if it's all looks and no substance.Not if you have a mind of your own.
Saab is dead on its arse, this is more humiliating than the Rover saga.
LuS1fer said:
thewheelman said:
"Product placement does work"
Not if you have a mind of your own.
Saab is dead on its arse, this is more humiliating than the Rover saga.
Nothing to do with a mind of your own, it allows a product to be seen on the raod from different angles and makes you aware of something you might otherwise not consider. Forget the Saab link for a minute, that's not really relevant to becoming more aware of a product. You can still reject it on other grounds if it's all looks and no substance.Not if you have a mind of your own.
Saab is dead on its arse, this is more humiliating than the Rover saga.
leon9191 said:
Its not the point of parts alone it's the research and development that went into them, if they supply China for 6months all the components will then be copied and made there so basically the Chinese company that is trying to buy them gets a fully developed product line that GM has paid for all R&D.
Yes that may be the case but, GM are not supporting the SAAB or Cadillac cause properly in the UK, SAAB produced the Cadillac BLS under GM's guidance and SAAB/Vauxhall parts bin, just try and get one diagnostically checked and you'll get nowhere locally, not unless you live near one of three garages in England doing so, even then the chances of getting the BLS and CTS parts quickly are remote indeed!At least if the Chinese got there hands on SAAB they might well do what Cadillac are not doing, that is, give proper support to BLS owners who deserve better from GM!
If the Chinese can't buy it then SAAB owners will end up in the same boat as Cadillac owners, stuffed!!!
TW>>>
JMF894 said:
thewheelman said:
"Product placement does work"
Not if you have a mind of your own.
Saab is dead on its arse, this is more humiliating than the Rover saga.
Actually it's people who do have a mind of their own who buy, or at least used to buy Saabs.Not if you have a mind of your own.
Saab is dead on its arse, this is more humiliating than the Rover saga.
Bmw/Audi? Baaaaaaa!
cookie1600 said:
thewheelman said:
Not if you have a mind of your own.
Great, well done GM. Shafted SAAB for years and basically devalued the brand and it's products to the point that it has now become. Now not content with that, you want to stick the knife in and turn it.
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