Saab Files for Bankruptcy

Saab Files for Bankruptcy

There are 4 comments on the story from Dec 20, 2011, titled Saab Files for Bankruptcy. In it, reports that:

Having used up all its options, long-struggling Saab has filed for bankruptcy, ending a desperate bid for survival that began even before it was sold off by General Motors in early 2010.

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Yonkers, NY

#1 Dec 20, 2011
I have driven many cars in my lifetime and there is no car that compares with to a SAAB I have had
one for 20 years and I absolutely love it and was hoping to buy a 2012. Thank GM for your greed, Saab or no Saab I will never buy anything with the
GM name on it!

Louisville, KY

#2 Dec 20, 2011
Despite the fact that as of yesterday I own a 2004 SAAB that cannot be driven until the moratorium is lifted on warranty claims and I can get a computer module, I still think it is a great car. I've previously owned both a BMW and a Mercedes and have been happier with my SAAB overall. I completely agree that I will never consider a GM car going forward!

Newark, NJ

#3 Dec 29, 2011
Its indeed a beautiful car, I felt safe driving it too bad anything happens such as an accident its impossible to get parts. I do hope someone pick up the mess left behind by GM
Robin Hood


#4 Jan 16, 2012
Saab should never have been allowed to go bankrupt. I trace this ongoing job exodus disaster to politicians (Sweden or the EU) who constantly are increasing taxes and dreaming up new ones. Workers will naturally ask for more salary to compensate for new tax burdens on their income. The foolish politicians think that taxes in all its nonsensical forms are a one-sided coin. The 2 faces of the coin are: more money for the government and more production costs for companies and the final result - more jobs exiting to China.

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