Saab Sees Light At End of Non-Profitable Tunnel Blog Post at Automotive.com
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Saab Sees Light At End of Non-Profitable Tunnel

Posted March 22 2007 06:54 AM by Joel Arellano 
Filed under: Miscellaneous, Saab

At the Geneva Motor Show earlier this month, Carl-Peter Forster, President of GM Europe, expressed confidence that the GM-owned Swedish brand, may final be on its way to profitability.



Svenska Aeroplan AB, or SAAB, was purchased by the American auto manufacturer in 1990. The European automaker has been struggling since then to turn a profit as well as fight off rumors and speculations that GM planned to let it loose or sell it. Last year's sales, plus GM Europe's first profit since 1999, has emboldened Forster to forecast SAAB's better future. He pointed to a refreshed 9-3, an all-new 9-5, and possibly a crossover on their way down the pipeline as a major part of the brand’s reemergence.

Our take? The brand's always been an odd duck to us. Technically, there's nothing wrong with the vehicles. Marketing-wise, we've never figured what segment it's aimed at. Euro-lovers who find the German autos too expensive? Alternative to rival Swede Volvo? Or something else entirely? The introduction of the 9-7X, SAAB's first SUV, muddled the matters especially since it's a rebadged Chevrolet Blazer. (A nice one, though.)



Via Motor Trend Magazine blog



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