Another One Bites The Dust: GM to end Saab brand after talks with buyer fail

[6 Shooter]

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General Motors is killing off another well-known brand — Saab, a quirky line of cars known for angular roof lines and ignition keyholes between the front seats — after talks with a Dutch would-be buyer collapsed.

GM, Dutch automaker Spyker Cars and the government of Sweden, where Saabs are made, were in discussions as late as Friday morning. Spyker said the sale was too complicated to complete quickly. GM declined to elaborate on why the deal failed.

GM plans to begin liquidating the brand early next month. However, the Detroit automaker will continue to honor warranties and provide service and spare parts to current Saab owners once the Saab dealerships close, Automotive News reported Friday. The auto trade publication also reported that the brand has 218 U.S. dealers.

GM to end Saab brand - STL-MO

 

[njlouc]

Idea!!
Why dont we chip in and buy it - we could possibly pick it up for~$500.
Then we could put a v8 in it and when corvette is killed we would be the only game in town.