I'll Buy That For a Dollar

Who in their right mind would buy a car company that sold 22 cars a day in July? But you say, "So what if they don't sell a lot of 'em. Profit it profit, dear Cars! Cars! Cars! writer." First of all, that's "writer." Second, doeth:

Trollhaettan, Sweden-based Saab has been unprofitable for most of GM’s 20 years of ownership and sold fewer than 100,000 cars last year.

Oh, dear. We fear this won't turn out so good. Also, expect higher prices for a car that few seem to want. At least it'll really be Swedish now.

Referenced articles
Bloomberg News: Koenigsegg Reaches Agreement to Buy GM’s Saab by End of Year

Comments

[Lexus Middle East]

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[Used cars by owner]

Poor saab.... not making a market revolutionary business in profit making... m worried will go down very soon..!!

[Robert]

Saab only sold 22 cars per day in July? That almost seems too incredible to believe...