Comments on: AFP: Sweden to bail out Saab and Volvo

By: tom

tom — Tue, 02 Dec 2008 15:07:16 +0000

the story was from a local broadcast channel 4 news in cleveland ohio

it might be premature
but it was broadcast TV

By: Joe Lobo

Joe Lobo — Tue, 02 Dec 2008 06:30:27 +0000

Ahh PT’s business acumen continues to set the trend with his predictions !!!

By: PT

PT — Tue, 02 Dec 2008 04:28:07 +0000

See, I told you.

Good to see some logic at work.

By: Ubermich

Ubermich — Tue, 02 Dec 2008 04:17:39 +0000

Tom, where did you get that?

By: Markac

Markac — Tue, 02 Dec 2008 03:55:49 +0000

I hope the Swedish government makes sure it’s assistance strictly only goes to Saab and Volvo and not to GM and Ford in general.

I’m not sure what difference this will make to GM’s bid to Congress. Probably none.
It just probably lightens GM’s conscience a bit if it decides to let Saab go.
Not that it has any sort of conscience….

By: Joe Lobo

Joe Lobo — Tue, 02 Dec 2008 03:22:15 +0000

This had to happen as the Germans have come out and went as far as stating that even if GM cloesed down their government will provide a lifeline to Opel to continue as a going concern. So, this should also happen in Sweden with both makers too. It will be simply too much of a baggage to carry and politically suicidal if they don’t.

By: tom

tom — Tue, 02 Dec 2008 03:19:58 +0000

news from cleveland ohio 12/1/08 10:10 pm
GM to get rid of saturn saab hummer and pontiac.
keep chevy buick cadilac

hope only part of that is true

By: turbin

turbin — Tue, 02 Dec 2008 02:59:00 +0000

It is likely that Ford’s bluff has worked (as they usually do, they’re experts at getting handouts) but clearly they are not putting a dollar figure on things just yet.

Great news regardless.

By: mo

mo — Tue, 02 Dec 2008 02:56:36 +0000

i guess we will have to wait to see how GM uses these funds, and what their inner intentions are.