Slashdot Mirror
GM Is Selling Saab To Spyker Cars
johncadengo writes "General Motors said today that it has struck a preliminary deal to sell Saab to Spyker Cars, a tiny Dutch maker of high-end sports cars, saving the Swedish automaker from what seemed like certain extinction after previous bids for it collapsed. A previous bid from Spyker was rejected by GM in late December because GM was uncomfortable with Spyker's Russian backers. The biggest investor in Spyker is the Russian bank Convers Group, which is controlled by Alexander Antonov. In March, Mr. Antonov was shot seven times and reportedly lost a finger in an attempt on his life in Moscow. No arrests have been made. His son Vladimir, 34, is a top executive at Convers and the chairman of Spyker." GM is taking a bath on the deal, financially speaking.
Lexus and Audi were awful in the 80s and early 90s, but cleaned up their acts to get them to where they are today.
Which is to say, still awful. Lexus may have improved slightly. Audi, however, is just a rebadged VW, with maybe some different body work. You might as well buy a Skoda.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
In Sweden during the 80's we used to say that those who owned a Volvo also used a PC (MS-DOS) and those who owned a SAAB also used a Mac.
So just to be clear, Volvos are reliable but boring, and Saabs are pretty but flaky and excessively expensive?
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"