FRANKFURT – Saab Automobile put on a brave face at its recent launch of the new 9-3 convertible, but nothing can hide the fact that General Motors Corp.’s Swedish brand is in desperate straits. Next month, Saab is expected to announce a loss of about $500 million on sales of just 120,000 cars in 2002. Saab 9-3 sales hurt by lack of diesel engine. The 9-3 now is openly acknowledged as being too close in styling, size and price to the 9-5 to attract any significant increase in ...

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