FRANKFURT, June 23 (Reuters) - Swedish carmaker Saab reduced its annual sales targets as the General Motors unit tries to reach break-even, the head of GM Europe said in an advance abstract of a report in Automotive News Europe on Saturday. "There is a natural limit where you can earn," Carl-Peter Forster, president of General Motors Europe and chairman of Saab told Automotive News Europe. "Therefore, we have much reduced our volume ambitions, to 160,000 to 170,000." Earlier targets set ...
Premium Content (PAID Subscription Required)
"GM's Saab cuts targets on way to break even -report" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642