Thread: Car Talk
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addison
Formerly “AWM”
 
Join Date: May 2009
 
2010-01-08, 13:48

In the latest installment of the never ending Saab saga...it looks like a private equity firm involving F1 chief Bernie Ecclestone might bid. Maybe he should concentrate on making Formula 1 something more than a cure for insomnia than buying a dead company. GM is smartly moving to liquidate despite these bids which probably can't get financing. It's time for Saab to disappear. They haven't designed their own car since the 99/900. Thirty years of rebadges and reskins have killed the brand. Selling down market cars at luxury car prices was never a good strategy.

http://www.marketwatch.com/story/spy...k=MW_news_stmp
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