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	<title>Saabapedia.org &#187; general motors bailout</title>
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		<title>Why Does No One Want Saab?</title>
		<link>http://www.saabapedia.org/why-does-no-one-want-saab</link>
		<comments>http://www.saabapedia.org/why-does-no-one-want-saab#comments</comments>
		<pubDate>Fri, 09 Jan 2009 16:30:05 +0000</pubDate>
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				<category><![CDATA[News]]></category>
		<category><![CDATA[automotive news]]></category>
		<category><![CDATA[Features]]></category>
		<category><![CDATA[general motors bailout]]></category>
		<category><![CDATA[Saab news]]></category>

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		<description><![CDATA[**UPDATE** &#8211; Apparently, someone does want Saab &#8211; as the Swedish auto maker just sold for a modest $10,000 USD on eBay. We are guessing that is not a real listing, but these days who knows. What&#8217;s next, Saturn up on Craig&#8217;s List? The story of General Motor&#8217;s ongoing battle for government cheese has finally [...]]]></description>
			<content:encoded><![CDATA[<p>**UPDATE** &#8211; Apparently, someone does want Saab &#8211; as the Swedish auto maker just <a href="http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&amp;&amp;item=110335818452&amp;ssPageName=ADME:B:EF:US:1120">sold for a modest $10,000 USD on eBay</a>. We are guessing that is not a real listing, but these days who knows. What&#8217;s next, Saturn up on Craig&#8217;s List?</p>
<p>The story of General Motor&#8217;s ongoing battle for government cheese has finally come to an end, as the first sum (approx. $4 Billion) has already been transferred into the car giant&#8217;s bank account. Saab, one of the GM owned makes, has been struggling not to be abandoned by their parent company. It&#8217;s like a bad divorce &#8211; GM wants to dump Saab, along with Saturn and Hummer. But no one is really interested in picking them up. What is Saab to do?</p>
<p><img src="http://www.saabapedia.org/wp-content/uploads/2008/12/saab.jpg" alt="saab.jpg" /></p>
<p>Saab&#8217;s sales were down almost 35% in 2008, only a chunk compared to Hummer, which lost over 50% of its income. According to Automotive News, <em>&#8220;Sweden’s government has promised both Volvo and Saab $3.19 billion in loans and credit guarantees</em>.&#8221; Still, no one is stepping up to save Saab from disappearing. General Motors became part owner of Saab in 1989, only to fully acquire the car maker 10 years later.</p>
<p><img src="http://www.saabapedia.org/wp-content/uploads/2008/09/9x-sml.jpg" alt="Saab 9X Air" /></p>
<p>What Saab needs is re-imagining, a makeover &#8211; car buyers (the few out there still shopping) have a weaker opinion of Saab, which has grown over recent years. And even though the company has released eclectic new design concepts what we see on dealer lots doesn&#8217;t match up with the fanciful ideas engineers are coming up with at Saab HQ &#8211; mostly because there are no funds to pursue any risky endeavors. Nothing is grabbing the public eye &#8211; we bet is Saab take a chunk of funding and put it towards one production model risk, they would see somewhat of a monetary reward.</p>
<p><em>Are you a Saab owner? Do you have an idea of what Saab and General Motors should do? Who could benefit from purchasing this product? Leave feedback below with your opinions! </em></p>
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