2010 Saab 9-5 – not expected to make it to showrooms

Posted on Dec 19, 2009 by

General Motors has decided to pull the plug on the Saab brand after talks about a buyout by Spyker Cars broke down.

Earlier, GM’s talks with Sweden’s Koenigsegg had also failed. Saab was bought into by GM back in 1990 with the aim of turning the brand’s loyal customer base into a commercial success, but the brand never became a profitable one.

GM had set a year-end deadline for selling Saab and yesterday announced that time had run out to find a suitor. 

This move will result in the closure of Saab’s facility in Trollhättan, Sweden, resulting in more than 3,400 job losses at the plant and many more around the world as 1,100 Saab dealers go out of business.

The wind down will start in January and the recently unveiled 9-5, which was to launch in 2010, is now not expected to make it to showrooms.

This move will result in the closure of Saab’s facility in Trollhättan, Sweden, resulting in more than 3,400 job losses at the plant and many more around the world as 1,100 Saab dealers go out of business.

The wind down will start in January and the recently unveiled 9-5, which was to launch in 2010, is now not expected to make it to showrooms.

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