Bailout Blues: Canadian Saabistas still waiting their fate
To recap: The target date to close Government Motors' sale of Saab, to Swedish boutique sportscar maker Koenigsegg, is Nov. 30. A step in the process this week was Koenigsegg rejecting 81 of Saab's 218 U.S. dealerships.
The news sheds little light on what holds in store for Saab shops here in Canada.
According to GM Canada, this action "has no impact" on its previously announced plans to no longer distribute Saabs in Canada as of the end of the year. But there's still hope for Canadian Saabistas.
"Koenigsegg, as the potenetial new owners of Saab, will decide the future plans for Saab in international locations as their business plans are formulated," GM Canada's Director of Communications, Stew Low, told The Crank.
So Koenigsegg could still come in and swoop up a few Canadian Saab dealers. And sell the cars for twice their going prices. Or not.
If the deal to sell Saab falls through—as GM's deal to sell Saturn to Penske Automotive Group did—GM would close its North American Saab shops.
Do think forthcoming Saabs (like the new 9-5, above) are worthy of staying in Canada?
Or do you think the Swedish brand should revert to being a European regional brand only, as it started out as?
[Sources: Automotive News, GM Canada]