• Jan 19, 2009
In the interest of making its Saab brand more attractive for purchase, General Motors is reportedly looking at returning more autonomy to its Swedish subsidiary. As it stands now, Saab is basically a glorified Swedish imprint of the Opel record label. Indeed, a lot of engineering, and even construction, for Saab cars goes on in Russelsheim, Germany, Opel's home.
The biggest development is that Saab would gain control over its own finances and decisions. Although GM would still be Saab's owner, the Swedish Patient would have its own budget (a figure that has yet to be determined). The idea behind the move is that giving Saab additional financial autonomy would demonstrate to potential buyers that the division is capable of standing on its own.

If Saab is sold, it will obviously take some time to separate itself from GM platforms, but increasingly independent decision-making could help speed up the process. Saab board members and the president of Sweden's IF Metall trade union feel that a standalone Saab can work and be more enticing for potential suitors. The final verdict will be revealed when GM submits its business plan to the US Government on February 17th.

[Source: Auto News - sub req]


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
  • 27 Comments
      • 5 Years Ago
      how about moving engineering back to sweden, not just the bean counters?

      saab was great because of its unique quirky designs. some good, some bad, but all different
      • 6 Years Ago
      Thank god. Saab has given so much more than it has received from GM in the last decade. I would love to see this brand come back into its own and show Bob Lutz that there is a much broader market for this brand than GM executive's wives.
        • 5 Years Ago
        They need to make Saab into a company that can borrow GM technology for a certain price. Then let them run their own show.

        Big chunks of GM technology could be borrowed, for a price, but let Saab put any twist it wanted on it.

        It might just work. I might even buy stock, if they (1) had an ironclad supply agreement with GM, and (2) a compelling leader.

        I bet the Swedish gov't would invest . . . I think they already have.
      • 6 Years Ago
      Ha, wonder if SAAB starts turning a profit after this move and then GM doesn't want to sell them anymore?

      If true, it will be very nice to see more SAABish SAABs again.
      • 6 Years Ago
      Maybe we will see some more traditional cars from the Swedish maker instead of Opels and Chevys.
      • 5 Years Ago
      Just for the record, no Saabs have ever been assembled at the GM manufacturing facility in Ruesselsheim, Germany. All current 9-3 and 9-5 Sedans and SportCombis are produced in Trollhaettan, Sweden, while the Convertible is assembled in Graz, Austria.
      • 6 Years Ago
      Best news I've heard all day. We're thinking of defecting right now ... maybe we'll come back if things turn around.
      • 6 Years Ago
      Great News. Bring out a 9-1(9-x BioHybrid), 9-4 x, new 9-5 and get rid if the 9-7x. Begin development of a new 9-3,9-3x and new hatchback. Presently have 3 Saab's in the family and will continue to enjoy them if they are Saabs and not a rebadged GM.
      • 6 Years Ago
      Trollhättan!! Give us back your quirky cars!!!
      • 6 Years Ago
      Interesting. Inevitable. Can't wait to see what becomes of Saturn.
      • 6 Years Ago
      It should have been that way from the get go. When you buy a Saab you buy a Saab not some hybrid badge engineered sucky opel general motors parts bin po po wagon.
      • 6 Years Ago
      Wow, that's good news. I was expecting a quick sale or a quick death for Saab, but becoming semi-independent in hopes of being sold off later sounds like a much better option. Let's just hope that GM doesn't give Saab a severely limited budget.
      • 6 Years Ago
      I am not really impressed with SAAB. They have never and probably never will be a brand that I consider great at all. I have driven a couple (I forget the models). I was very disappointed with low expectations already set in. What becomes of SAAB doesn't affect me, but I still hope the best for them in these troubling times.
    • Load More Comments