I read this in the Wall Street Journal this morning:
STOCKHOLM (Dow Jones)–The former owner of troubled Swedish car maker Saab Automobile AB, General Motors Co. (GM), said Friday it would have a difficult time supporting a change in ownership of the company based on the information at hand.
“GM would not be able to support a change in the ownership of Saab which could negatively impact GM’s existing relationships in China or otherwise adversely affect GM’s interests worldwide,” said GM spokesman Jim Cain.
My brief thought as a Saab fan who’s followed this journey closely for nearly two years straight now:
Ford found a way to let Volvo keep going and protect its interests. So can you.
My hope for all the people on our side of the table….. Keep talking. Find a way. Never, ever give up.
Something I just added in comments that I figured was appropriate to state here, as well:
GM have legitimate interests to protect. No-one’s arguing with that. But that doesn’t mean that those interests can’t be protected. Things can always be worked out where there’s an interest in doing so. I just hope GM have same view as the rest of us – the world is not a better place with Saab gone, and there’s no threat from Saab to their business.