Another big company in trouble

[IanAl]

This time its Saab.........


https://www.bbc.co.uk/news/business-16242115


Will things ever get better?
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[ThoughtContro...]

Not in a long while.

It the short term expect much worse. Major war might prime the economic pump for a while, depends on the fallout from Russia and China, possibly quite literally
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[Rogerborg]

Their loyal customers must both be gutted.
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[Wafer_Thin_Ham]

Saab have been on thin ice for a while.
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[iooi]

[JonB]

Let's be honest, they were hardly pushing for innovation in the past decade. They were reliant on loyalty. Unfortunately for them, most of their loyal customers are now dead.

HMV will be following suit shortly and I have little sympathy.
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[Kickstart]

Hi

Saab have been pretty much dead for years. GM got rid of them to Spyker, and that was never going to end well (a minor car company employing a couple of dozen people trying to buy, finance and run something the size of Saab).

They haven't made any cars since April. Their UK importer went bust a couple of weeks ago.

[Howling TerrorOutOfOffice]

Remember when the 900Turbo came out. As a passenger I remember waiting....and waiting, then the boost...gearchange...wait...wait repeat ad nauseam.
The handling was good tho.
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