Mark LaNeve is out to put the kybosh on any notion that General Motors has designs on folding Saab and/or Hummer in its bid for solvency. The automaker's head of North American sales and marketing noted in a conference call that the two brands are "intrinsically woven" into GM's global outlook.

While Hummer has been experiencing growth and turning a profit, the General's Swedish outpost has been awash in red ink for many years. With a lack of fresh product and a clear brand identity, Saab has been on the 'Will-They/Won't-They' Ferris wheel of brand consolidation speculation for as long as the discussion of portfolio tightening has been taking place.


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Share This Photo X