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Youngman has offered to buy bankrupt Saab for $470 million
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04-18-2012, 11:52 AM
 Post: #1 |
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Youngman has offered to buy bankrupt Saab for $470 million
Source
Photo credit: Saab April 18, 2012 By: CF staff ![[Image: 6730438955_df1790512c_b.jpg]](http://farm8.staticflickr.com/7170/6730438955_df1790512c_b.jpg) Chinese automaker Youngman has offered to buy bankrupt Swedish carmaker Saab for 3.2 billion kronor ($470 million), according to a report in Swedish business daily Dagens Industri (DI). Reviews |
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04-18-2012, 11:54 AM
Post: #2 |
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RE: Youngman has offered to buy bankrupt Saab for $470 million
I kinda want to see it happen.
On one hand, I don't, because I could see them frakking everything of value(?) out of Saab, pretty much old GM tech. On the other hand, I kinda want to see that Phoenix project they were planning. ![[Image: MohammedShove_original.gif?1368233613]](http://cdn.bleacherreport.net/images_root/article/media_slots/photos/000/856/967/MohammedShove_original.gif?1368233613)
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04-18-2012, 01:03 PM
Post: #3 |
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RE: Youngman has offered to buy bankrupt Saab for $470 million
Wow, that is a damn low price for an admittedly pretty well worn and beaten down automaker.
I am surprised there aren't any other suitors (that I've heard) in at that level of investment. ![[Image: leng.jpg]](http://i739.photobucket.com/albums/xx36/alux23/New%20Pics/leng.jpg) They call me Ford-O Baggins. Must have the PRECIOUS!!!!! |
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04-18-2012, 01:23 PM
Post: #4 |
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RE: Youngman has offered to buy bankrupt Saab for $470 million
docCarter;197873 Wrote:I kinda want to see it happen. I wouldn't worry about that to be honest... the hings that they could learn about GM tech are no different than they would learn if they went and bought a 9-3, 9-5, and 9-4 and took it apart. The patents stand. Cadillac UNLIKE BMW.. provides RELIABILITY with their ULTIMATE DRIVING MACHINES... unlike Lexus.. provides ULTIMATE DRIVING MACHINES with their RELIABILITY. 
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04-18-2012, 01:29 PM
Post: #5 |
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RE: Youngman has offered to buy bankrupt Saab for $470 million
That seems like quite a high price for an automaker that consistently posts losses... But I don't know anything about business.
Impetus Piranha makes debut at 2013 Geneva Motor Show |
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04-18-2012, 05:58 PM
Post: #6 |
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RE: Youngman has offered to buy bankrupt Saab for $470 million
?;197903 Wrote:That seems like quite a high price for an automaker that consistently posts losses... But I don't know anything about business. It is.. essentially for the name. It may automatically buy them a gateway into the U.S. tho.. which could, using CHEAP chinese (I typed it in lower case outta disrespect)... end up paying for itself. Cadillac UNLIKE BMW.. provides RELIABILITY with their ULTIMATE DRIVING MACHINES... unlike Lexus.. provides ULTIMATE DRIVING MACHINES with their RELIABILITY.
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04-19-2012, 02:10 PM
Post: #7 |
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RE: Youngman has offered to buy bankrupt Saab for $470 million
Ah... I see. Kind of like how SAIC are using the MG name as an easy gateway into the Euro car market.
Impetus Piranha makes debut at 2013 Geneva Motor Show |
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