After sucking it up and taking a $5.9 million loss in '03, Saab honcho Peter Augustsson says 2004 will be a moneymaking year for the originally Swedish automaker lately ruined by GM. The tripartite recovery plan consists of the following: firing workers, adding products through cheapo badge-engineering (like the Trailblazer-based 9-7X), and, ahem, "increasing productivity" at its main plant in Trollhattan, which seems to be some bastard combination of the previous two components. Augustsson also said there is a "theoretical" danger that the T-hattan plant might close down, but he made everyone feel a lot better by following up with, "However, this applies to every single GM plant." Huh? Then why say it if it applies to every plant? If I worked at Trollhattan, I might start investigating the Michigan real estate market, just in case.
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