TURIN — Peter Augustsson is an honest man. “It's not possible to starve a company to success,” says Saab's new president and chief officer, reflecting candidly on the 1990s, a dark decade when General Motors Corp. backed away from investing in Saab Automobile AB. Between 1990 — when GM bought 50% of Saab — and 2000, sales effectively remained static at around 130,000 annually and, despite cutting workers, losses mounted. This, at a time when European rivals BMW AG, Audi AG, Mercedes-Benz ...

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