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Old 3 August 2011, 04:47 PM   #1
blackmsport
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Saab

Saab goes broke again

According to latest reports, this is the second months that worker receive no full pays

They run our of money and possibly declare bankrupt and close the factory soon

http://www.wsws.org/articles/2011/au...saab-a03.shtml

They should have sold the company to the Chinese on day 1 instead of Victor Muller....
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Old 3 August 2011, 06:17 PM   #2
bayerische
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I didn't understand back when it was sold to VM, how selling something failing to a much smaller company that is also a failing business would be good...

Spyker was pretty finished financially before the saab deal.

Well I'm not a finance guru, but sometimes when the layman understands something is seriously wrong, why don't the "experts"?
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Old 3 August 2011, 07:27 PM   #3
dsio
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You can only take a Vauxhall Vectra and rebadge it as a luxury car for so many years before your market base dries up. They're better off being owned by the Chinese.
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Old 3 August 2011, 07:49 PM   #4
dysondiver
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scania seem to be doing ok though .
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Old 4 August 2011, 01:57 AM   #5
Dr. Robert
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another sad, "Saab" story from the world's economic woes.
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Old 4 August 2011, 06:28 AM   #6
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Salutation to the OP for finding things from wsws.org.
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Old 4 August 2011, 06:28 AM   #7
Route 66
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Quote:
Originally Posted by Dr. Robert View Post
another sad, "Saab" story from the world's economic woes.
Good one Bob!
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Old 4 August 2011, 06:36 AM   #8
capote
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SAAB hasn't been profitable since 1993 or so. Its time they go bust.
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Old 4 August 2011, 06:49 AM   #9
TswaneNguni
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Pity .... test drove a 9-3 Aero and 9-5 Aero around 2002.Both VERY nice !!
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Old 4 August 2011, 08:35 AM   #10
blackmsport
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Melbourne Saab dealers are clearing their 9-5 stock as up to 30K discount for the new Vector.... as they don't want to sit on unsold & impossible to get rid-off stock when Saab formally declare that they surrender for good
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