Has GM sold a corpse to Spyker or is there some life still left in the Saab brand?
The Queensland Government today reaffirmed its support for ethanol blended fuels at Saab Australia’s launch of its revolutionary BioPower car at the Holden Performance Driving Centre on the Gold Coast. The Saab BioPower car is the first ethanol production car in Australia that runs on 85% ethanol using its flex-fuel capability, giving motorists the ability […]
Saab will become the first ‘carbon neutral’ car brand in Australia in 2007 with the carbon emissions of every new Saab vehicle sold to be offset by the planting of new trees. Beginning this year, Saab will purchase a one year ‘offset’ to Greenfleet for every new or demonstration Saab vehicle purchased, making Saab the […]
The woes of at least one of America’s car giants is not limited just to the American mainland. Back in 1990 General Motors bought a 50% share in the Swedish car manufacturer Saab for $1 billion with a total cost to the company coming in at $4 billion. Obviously General Motors lacks the Midas Touch […]