Saab likely to close as GM fails to sell car brand - Yahoo! Finance
A deal for General Motors Co. to sell Saab to a specialty carmaker has collapsed, leaving the storied Swedish brand born from jets in 1947 close to extinction.
It’s a shame, really. I’ve always had respect for Saab cars, expensive as they are to repair (or so the story goes). The design of their 93 Convertible is a favourite of mine. Never seriously considered getting one, mostly because they were owned by GM, a company I was convinced was going to run Saab (and likely itself) into the ground.