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The End Of Saab 1937-2011

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Today is a sad day. Today marks the end of an uphill struggle. Today Saab is at an end. The Swedish manufacturer battled against ever increasing debts and manufacturing costs as long as it could, but now the time has come for bankruptcy. As I said, a sad day for the automotive industry indeed…

Saab do make some brilliant cars, the new 9-5 deserves particular admiration, and so the companies end is unjust. As a pure manufacturer Saab has always worked well, but as a business model it came to pieces and it was this that led to its multiple investors withdrawing from a deal to save them. In these tough times for manufacturers it really is a case of only those with their affairs in order surviving and as with any business, profit margins speak volumes.

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