Gm's Swedish Fling Is Causing HeadachesJonathan Kapstein
It's an unusual-looking little machine with a rounded, sloping frame and automatic seat warmers for cold nights out on the road. The unique Saab is also one of Europe's distinctive nameplates. That's why General Motors Corp. in 1989 happily paid Sweden's Saab-Scania $600 million for a 50% stake in its auto making arm. After losing out to rival Ford Motor Co. in the chase for Britain's Jaguar PLC, GM desperately wanted an upscale European line of its own.
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