Swedish Auto Maker Saab Runs Out Of Road

[Windsor]

• <small>DECEMBER 19, 2011, 8:09 A.M. ET</small>

BY CHRISTINA ZANDER

Saab Automobile, the Swedish auto maker which filed for bankruptcy Monday after a desperate three-year fight for survival, will be missed as a once-innovative manufacturer of turbo-charged cars.
The company's demise, barring a last-gasp salvage of Saab's operating assets as they are liquidated, underscores how tough it is for niche auto makers to survive in the increasingly competitive global industry when development and manufacturing costs are so high. Marrying originality with mass production has proved too difficult for Saab's different owners.
Svenska Aeroplan Aktie Bologet started out as an aircraft manufacturer in 1937, building planes for the Swedish Air Force ...

http://online.wsj.com/article/SB10001424052970204791104577108053832145564.html

A sad ending to a well-known marque that we are familiar with. I used to own one before and I love it, but it was expensive to maintain, so I switched.

 

[Nakata74]

Any concern for existing Saab car owners?

Saab cars are quirky & I love them! Great alternative to BMWs, Audi & Mercedes...