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.
Hi! We notice you're using an ad blocker. Please consider whitelisting Autoblog.
We get it. Ads can be annoying. But ads are also how we keep the garage doors open and the lights on here at Autoblog - and keep our stories free for you and for everyone. And free is good, right? If you'd be so kind as to whitelist our site, we promise to keep bringing you great content. Thanks for that. And thanks for reading Autoblog.
Here's how to disable adblocking on our site.
- Click on the icon for your Adblocker in your browser. A drop down menu will appear.
- Select the option to run ads for autoblog.com, by clicking either "turn off for this site", "don't run on pages on this domain", "whitelist this site" or similar. The exact text will differ depending on the actual application you have running.
- Refresh the Autoblog page you were viewing. Done!
You still haven't turned off your adblocker or whitelisted our site. It only takes a few seconds.