hopefully they will survive ... Saab and Saturn both got the short end of the stick from GM for years.
Saab in Bankruptcy Filing; G.M. Seeks More Aid
By MICHELINE MAYNARD
DETROIT — Saab, the Swedish automaker, filed for bankruptcy protection Friday and asked its government for financial support to remain in business as an independent company, separate from General Motors, its parent.
It was the latest example of auto companies asking governments in different countries — including the United States and Canada — to step in with aid, opening the door to those governments playing a direct role in deciding the future form of their automobile industries.
“This looks to me like it’s going to be a subsidized industry forever,” said Donald R. Grimes, an economist with the University of Michigan. “And then the question becomes, do you view it as a public benefit that the government should provide?”
Hours after Saab made its case to the Swedish government, General Motors submitted a request to the Canadian government approaching $6 billion, which is double the amount it previously said it would seek, according to Michael Bryant, the economic development minister for Ontario....
Wow didn't know that. However I'm all for the late 80's 3dr 900 turbo. And as to Saturn, they finally are making cars that look good. Those first SL1 looked like complete crap too.Nothings out of the question, but Volvo is owned by Ford for now.
Bring back the 99!