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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 fucking 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. ![[Image: 5740434a-ba67-44ee-85bf-c4aafca52af5_zpsa2e56fb4.jpg]](http://i739.photobucket.com/albums/xx36/alux23/Decorated%20images/5740434a-ba67-44ee-85bf-c4aafca52af5_zpsa2e56fb4.jpg) |
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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. |
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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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