GENEVA — General Motors Corp. will initiate talks by the end of July on buying out the remaining 50% of Saab Automobile AB, Saab officials say. Talks could be difficult, reports suggest, because of Saab's successes over the past few years. The automaker has posted revenue gains in recent years and is now close to breaking even. That good performance gives both parties an interest in keeping their shares, Saab says. GM, which acquired half of the Swedish automaker in 1989, holds the ...
Premium Content (PAID Subscription Required)
"GM considers Saab buyout" 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!
Current subscribers, please login or CLICK for support information.