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Beginning of the end?: Saab halts all production

02/25/2009, 5:28 PM

By Drew Johnson

Things have gone from bad to worse for General Motors’ Saab brand, with the Swedish automaker being forced to halt all production on Wednesday. Saab reportedly owes the Swedish Customs Agency a “considerable” sum of money for back duties, with the agency blocking all Saab transportation until the full amount is paid.

The news of the production halt follows closely on the heels of Saab’s bankruptcy filing. No monetary figure was given with the report, but it is likely far more than Saab has in cash reserves.

“The Customs Agency is holding onto our goods,” Saab production manager Gunnar Brunius confirmed with The Local. “I have received no indications about us being unable to pay.”

The Customs Agency is blocking all Saab shipment originating from outside the European Union. In order to resume production, Saab must either come up with the money itself or receive financing from another source. “Saab is not getting a penny of credit from us,” a Customs agent added.

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02/25, 5:39 PM

posted by:

JakeK66

Wow. Does this mean my deposit for a 9-3X is unrefundable? LOL…

02/25, 5:41 PM

posted by:

Borat

GM owes Sweden some cash? Wow

02/25, 5:54 PM

posted by:

Madcapp

That’s an irrelevant brand. Just like Jaguar, Land Rover, Hummer, Mercury, Pontiac, Saturn, and destined for the same fate as Plymouth, Oldsmobile, British Leyland, etc.

02/25, 5:56 PM

posted by:

johnnycanuck

Stick a fjork in ‘em, they’re done.

02/25, 6:10 PM

posted by:

global_lightning

Export customs make absolutely no economic sense. You’re effectively penalizing companies for setting up in your country, hiring your people, and contributing to the local economy. No wonder Saabs and Volvos are too expensive for the quality of vehicle you recieve.

02/25, 6:38 PM

posted by:

Spingood Tanoya

@global_lightning: the article says blocking all shipments originating from *outside* the European Union. Sweden is an EU member. It’s not clear, but it sounds like Saab owes duties on components it has *imported* from outside the EU, so production has stopped because Saab can’t get parts. What Saab components aren’t made in Europe?

02/25, 6:53 PM

posted by:

Zcarsales

Its a SAAB story!

02/25, 7:05 PM

posted by:

JakeK66

If they change their name to ABBA, will their sales go up?

Who would of thought that a rebadged Subaru Impreza/WRX and Trailblazer would dilute Saab’s brand image? I love paying 10 grand more than a Trailblazer to stick the key into the center console instead of next to the steering wheel!!! It’s worth every penny!!! Heck, at least they did that much to it, the Subaru changed the front and rear clips,. offered a different color seats charged 5 grand more and that’s all. What a freakin’ joke, and I’m a Saab fan.

I won’t get into 9-5 who needed a replacement in 2004, not 2014 or the 9-3 who can’t compete with anything in it’s price bracket – it needs XWD standard and to charge 5-10 thousand less on all models accross the board.

02/25, 7:17 PM

posted by:

JakeK66

Oh, this is scarey. On the Saab’s main page of their website, there is a large section that say’s “your Saab Warrenty is issued and backed by General Motors” pretty much spelling out that this brand is doomed.

02/25, 8:34 PM

posted by:

RaineMan

Wow… I figured Hummer would go before Saab.

02/25, 8:49 PM

posted by:

Hyperion

I’d love to see Saab get out of this awful state and in a few short years go back to their older, tried and true 900 coupe, sedan, wagon and convertible of the 80’s. Offering limited edition Aero and SPG models would round out the lineup.

02/25, 10:06 PM

posted by:

BlazeAbraham09

Madcapp, I highly doubt that Jag is going into any sort of oblivion. As for Pontiac, it’d be sad to see them go. We know they can make cars like the G8 GT/GXP…they could have a few more tricks up their sleeve.

I don’t wanna see Saab go…I kinda like them.

02/25, 10:37 PM

posted by:

Borat

Pontiac really did not make G8. It was imported from Holden of Australia. Realistically, Pontiac had re-budged cars from other division after Aztec was produced and even that was from Opel originated parts bin, albeit with added local flavor. Well, we know how it went.

02/25, 11:20 PM

posted by:

BlazeAbraham09

Techincally (and douche-ically) speaking, Pontiac did make the G8…it did not, however, create the Commodore. Lionel Richie did…

02/26, 12:57 AM

posted by:

Ring-Taxi

Those 16 aircraft engineers had too much time on their hands. Saab should’ve been an aerospace company, period.

02/26, 2:02 AM

posted by:

bolex

wow. any bets who’s next? i’m with raineman on hummer.

02/26, 3:34 AM

posted by:

No more oil for GM

relax, this is a pointless story carried by the retarded swedish media.. it’s about a technicality due to the standard legal process and it was solved even before this article was published..

02/26, 7:32 AM

posted by:

carstuff

“Aztec was produced and even that was from Opel originated parts bin”

Borat, do you just make this stuff up or do you really believe this stuff?

02/26, 7:58 AM

posted by:

MercMark

Less cars for “people who think they are better than you” to drive. Too bad so sad.

02/26, 9:27 AM

posted by:

ricky_b

Sadly, their products were starting to become more interesting and relevant. Of course, everyone saw this coming.

02/26, 11:16 AM

posted by:

yarddog82abn

“Swedish Customs Agency blocking all Saab transportation until the full amount is paid.”

This sounds to me like some loser that was put in charge, that got a little hard-on and decided to the “The Man”. “His saying is now the law of the land”….. What a loser….. I hope the Swedish media puts out his name and home address so that all the Saab work force can pay him a visit and let him how they fill…

02/26, 12:01 PM

posted by:

shaver

The State “Custom Agency” relies on these customs duties to be relevant and uses the revenue to serve the public. WTF is the point of putting the people you serve out of work. And if customs agency kills SAAB they will have no revenue too collect, and a public that needs more assistance due to jobless. This is some short sighted BS by the Swedish government. This is a tax the “customs agency” serves only to collect taxes and does not provide anything in return so its not like they are taking a bath on costs.

02/26, 4:33 PM

posted by:

Get Real

Nothing like a country killing it’s only export product.

Die Saab…..Die.

02/27, 12:30 PM

posted by:

Need more oil for GM

What’s good for General Motors is good for America. Get rid of the imports GM. Thank you.

Buy American. Buy GM (Just not Saab)

03/01, 10:49 PM

posted by:

angelo

So GM’s bankruptcy is good for America? Because they’re running out of cash… so they’re going to have to go Bankrupt for their own good.

 
 
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