Saab to drag GM Europe Q4 into the red -source

Newswire

FRANKFURT, Nov 24 (Reuters) - Continued losses at its struggling Swedish brand Saab are expected to drag General Motors Corp.'s European operations into the red during the fourth quarter, a source close to the company said on Thursday. Saab's problems, which analysts say stem from poor brand positioning and an uninspiring product range, overshadow improvements at GM's German unit Opel, bolstered by restructuring effects and strong sales of popular models such as the Astra compact and the ...

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