Saab files for bankruptcy
#16
Lexus Fanatic
Lexus launched the LS400 a couple of years later, and I knew even as a 13 year old that companies like Saab were doomed at that point.
Quirky is not a market which has enough scale. People were buying Saabs because it was the cheap option for buying a luxury car.
That was the end for mid-price European luxury marques.
#17
Considering Volvo sells about the same number of cars as Lexus worldwide, I doubt they are in any sort of danger...
#18
In what way? BMW, today, in many ways, has never been more successful.....they prospered even after Chris Bangle (IMO) screwed up their designs. Although it is now starting to change some, their vehicles swept the comparisions in auto-enthusiast magazines for years. But many of them simply cost too much for the average recession-plagued car-shopper today, who is out looking at cheaper American, Korean, and Japanese nameplates instead. .
Of that group only Audi really did well (by improving their product to international standards), Volvo has gotten by, and the others have struggled.
#19
Lexus Champion
Won't say I'll really miss this brand. Saturn was much more of a loss to the automotive world, in my opinion.
My most recent experience was at a Saab dealer about 6 months ago in Orange County. A friend was in the market for a new car. We went to the Saab dealer since it was next to the Volvo dealer. Walked around the lot for 10 minutes and not a single soul came out greet us. The dealership was a ghost town. Anyone still working for Saab should have had the foresight to jump ship a long time ago.
My most recent experience was at a Saab dealer about 6 months ago in Orange County. A friend was in the market for a new car. We went to the Saab dealer since it was next to the Volvo dealer. Walked around the lot for 10 minutes and not a single soul came out greet us. The dealership was a ghost town. Anyone still working for Saab should have had the foresight to jump ship a long time ago.
#20
Won't say I'll really miss this brand. Saturn was much more of a loss to the automotive world, in my opinion.
My most recent experience was at a Saab dealer about 6 months ago in Orange County. A friend was in the market for a new car. We went to the Saab dealer since it was next to the Volvo dealer. Walked around the lot for 10 minutes and not a single soul came out greet us. The dealership was a ghost town. Anyone still working for Saab should have had the foresight to jump ship a long time ago.
My most recent experience was at a Saab dealer about 6 months ago in Orange County. A friend was in the market for a new car. We went to the Saab dealer since it was next to the Volvo dealer. Walked around the lot for 10 minutes and not a single soul came out greet us. The dealership was a ghost town. Anyone still working for Saab should have had the foresight to jump ship a long time ago.
#22
Lexus Fanatic
Unfortunately, with Saab, that also became the case, but Saab did not have as wide a base of customers as Saturn.
I had a 1999 Saturn plastic-bodied SL-2, and I thought it was one of the most interesting cars I ever bought. The Ion, which replaced the S-series, was a joke. Even the metal-bodied Saturn Astra, which replaced the Ion, was an improvement.
Last edited by mmarshall; 12-22-11 at 01:07 PM.
#27
A post on another car forum...
"coworker has a 2010 Saab and he and I have have been talking about this since Saab filed bankruptcy.
He was wondering about warranties and if he should just bail out of his Saab now.
He went to a Volvo and an Audi dealer....his $32,000 Saab has a value of $9,500 on a trade-in.
Plus he heard that Saab's are now selling for 50 cents on the dollar at auctions."
"coworker has a 2010 Saab and he and I have have been talking about this since Saab filed bankruptcy.
He was wondering about warranties and if he should just bail out of his Saab now.
He went to a Volvo and an Audi dealer....his $32,000 Saab has a value of $9,500 on a trade-in.
Plus he heard that Saab's are now selling for 50 cents on the dollar at auctions."
#29
A post on another car forum...
"coworker has a 2010 Saab and he and I have have been talking about this since Saab filed bankruptcy.
He was wondering about warranties and if he should just bail out of his Saab now.
He went to a Volvo and an Audi dealer....his $32,000 Saab has a value of $9,500 on a trade-in.
Plus he heard that Saab's are now selling for 50 cents on the dollar at auctions."
"coworker has a 2010 Saab and he and I have have been talking about this since Saab filed bankruptcy.
He was wondering about warranties and if he should just bail out of his Saab now.
He went to a Volvo and an Audi dealer....his $32,000 Saab has a value of $9,500 on a trade-in.
Plus he heard that Saab's are now selling for 50 cents on the dollar at auctions."
Fools and their money are easily parted.
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