Nearly three months on the Saab story is the same: company makes a bid, General Motors knocks it back. But this time, the latest round of corporate "He said/She said" puts Turkey's Brightwell Holdings on the other side of the table instead of a Chinese company. Brightwell was the other publicly identified bidder for Saab that pledged to make a bid, along with Chinese concern Youngman.

Brightwell blames GM "intransigence," a familiar epithet by now, has scuppered the possibility of a deal. GM says that's not the case, rather that a deal for Saab can't include any of the technology licensed from GM. Brightwell believed that that condition only applied to Chinese buyers, since GM's position that it didn't want to compete with another company using its intellectual property was always taken in reference to interest from companies like Youngman and Hawtei.

If GM's position is that it won't license its technology to anyone anywhere, that could alter the landscape for the six to 14 bidders rreported to be hovering over Saab's remains. Based on Youngman's last statements, it should still be in the mix, though: it pledged to make a bid for Saab that avoids GM-developed vehicles like the 9-5 and 9-4X and restarts the brand with the new 9-3 on Saab's Phoenix architecture.

Brightman hasn't ruled itself out completely yet. Having spent "millions of euros" on its bid, a firm partner said that if GM is open to discussions then he "will jump on a plane and visit them in Detroit."


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  • 169 Comments
      KAG
      • 2 Years Ago
      If anyone ends up with the Saab name they are going to have to spends a ton to make a engine and chassis for the cars since everything is GM based on the entire now dead line of Saabs. To bad they are gone.
      Cellular in SAT
      • 2 Years Ago
      What I cannot understand is how Ford can sell Aston, Jaguar Land Rover and Mazda and no issue comes up in regard to intellectual property in any of those sales but GM cannot seem to work out the issue with a potential bidder for SAAB. You would think GM would like a return back on the development cost and keeping some plants busy. Am I missing something?
      The AOL Experien
      • 2 Years Ago
      I have a small used car dealership, repair shop, inspection station for over 40 years. We looked for Saabs because is a small segment that truly appreciates them. They are no harder or expensive to repair than the rest of the Euro brands. They handle great, they are fast, and they DON'T look like all the other stuff on the road! I've sold them since they were actually made by the real Saab, and they weren't the same after GM got their hands on them! I think they purposely sabotaged the brand so they wouldn't compete with their own top brands. There were never a base model made without heated seats & sun-roofs, & they cheapend other things in the cars! And they got mid 20's gas milage & still had metal in the bodies! You have to drive one to really appreciate them! Hope someone brings them back as a quality product!
      anvmd
      • 2 Years Ago
      SAAB is a great car, probably with poor PR and management. Don't let it go down the tubes. If the Chinese want to make it - OK. "They will do great
      RyanMD
      • 2 Years Ago
      this so sad whats going on with saab but i hope the right company buys saab and turns this company around like fiat did with dodge
        smithdeane
        • 2 Years Ago
        @RyanMD
        There is no Fiat sucess story yet , Killing the PT and making the 500 (too small for US) is bad news
          Nemebean
          • 2 Years Ago
          @smithdeane
          Fiat didn't kill the PT Cruiser (in fact they extended its life slightly, from what I understand), and the 500 is actually selling quite competitively for a vehicle in that class. It was just their sales projections that were terrible. Almost everything else that Fiat has done with Chrysler and friends has been a huge improvement, so while there's no guarantee that the success will continue, Fiat has absolutely been good for Chrysler.
      CarCrazy24
      • 2 Years Ago
      Amazing that the Saab Saga has lasted so long...this fan of the brand hopes they will live to see another day!
      Avinash Machado
      • 2 Years Ago
      Hope BMW will buy them.
      avanticrzy
      • 2 Years Ago
      Saab..............a well established company with their own niche in the the market place and then GM, for some bizarre reason just has to buy up all the stock so they can own Saab..................when GM goes belly up due to very poor decisions by upper management, there goes Saab................Ford did the same to Jag and Rover.............when will we learn????
        • 2 Years Ago
        @avanticrzy
        [blocked]
      protovici
      • 2 Years Ago
      As much as I don't like GM, they got to protect their technology even though most of their "fast cars" are parts bin specials.
      wrestleprocbt
      • 2 Years Ago
      To Gov't Motors, why do you see Saab as such a threat? Why do you keep stopping it from trying to succeed and be purchased by another company that wants to give it a chance? There appearently are other car companies out there that want to put money into it to make it a cool niche car company because they believe in the brand. They don't want it to be the look-like all your other brands company like you tried to do to it to destroy it and suck any money out of it and leave it for dead. If your worried they will succeed and take business from people buying your cars well then your more pathetic than I ever thought. I always have owned GM cars and then bought my first Saab in 2008 and another family member bought one that same year however at different dealers, she had to work to get them to sell her a car at the Cadillac/Saab dealer as they didn't like the cars and knew nothing about them except to give her a key and said take it for a drive. Good sales team guys! I bought mine from a Saab only dealer and was shown everything to the smallest detail about the SUV. Service is outstanding and follow up was never better. The Cadillac/Saab dealer however kept telling her they don't know how to fix Saabs when she had a small problem with the window. Took it in 3 times. Still never fixed. Then I told her to call my Saab dealer and right away it was picked up, fixed, cleaned, some other minor issues taken care of and delivered back and she was never happier. For a company supposedly improving, I would like to know where and how. You have already lost my business and hers. Give Saab a chance with someone else to bring it back to it's glory days of being the niche, odd looking, unique vehicles it once was before you destroyed it! Oh and FYI, my 9-7x with the Trailblazer GM built engine has already had it's engine rebuilt twice with under 70k miles. I don't think GM could do any worse. Let someone else take better care of Saab.
      Jefferson Starship
      • 2 Years Ago
      GM aka Communist Obama Motors needs to go bankrupt. Their "technology" is what RUINED Saab to begin with. 9-7x anyone? Did Ford rebadge an Explorer and sell it as a Volvo XC90? Hell no. GM needs to be dumped in the trash where it belongs.
        XJ Yamaha
        • 2 Years Ago
        @Jefferson Starship
        Communist Obama Motors? Good Lord. It's insulting to human intelligence when such a simple-minded and thoughless comment is posted. I'd be surprised if you actually knew how to describe Communism without Googling it, or how it differs from Socialism, which i'm sure is also in your vocabulary of words in which you use but don't actually know what they mean.
        shle896
        • 2 Years Ago
        @Jefferson Starship
        Is this the same GM who has already repaid the government and who last week announced their biggest profit in company history? They're the world's largest automaker once again and they employ millions (including both my parents and my brother-in-law), so to that I say, Thank You, President Obama. Also Thank You to President Bush who is the one who actually had the courage to begin that effort.
        SAAB4LIFE
        • 2 Years Ago
        @Jefferson Starship
        AMEN. THANK YOU! Someone that sees GM for what they are. A group of accountants trying to run a car company. If GM did with SAAB what Ford did with Volvo, things would be very very different for SAAB. And keep in mind that I think Ford SUCKED in their handling of Volvo for the most part so that should put my feelings in context. But kudos to you for clear sightedness
          XJ Yamaha
          • 2 Years Ago
          @SAAB4LIFE
          "And keep in mind that I think Ford SUCKED in their handling of Volvo..." That's a subjective statement that clearly takes little into account and shows any real lack of thought and basically revolves around unfounded bias. Then in the next sentence you claim to be able to identify "clear sightedness." Ha, Good one.
        debsully69
        • 2 Years Ago
        @Jefferson Starship
        Hmmm,let me see Gm or Scaab. I'll take GM any day.Gm never should have been invovled with Scaab in the first place.
      :)
      • 2 Years Ago
      Quit your bitching and crying....... Saab has not been a Saab in a very long time. GM should have killed it years ago instead of investing wasted money on a dead car line. Let it go already.
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