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#1
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Saab deal is off - Koenigsegg backs out of deal
GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase. Many have worked tirelessly over the past several months to create a sustainable plan for the future of Saab by selling the brand and its manufacturing interests to Koenigsegg Group AB. Given the sudden change in direction, we will take the next several days to assess the situation and will advise on the next steps next week.
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You have your way. I have my way. As for the right way, the correct way, and the only way, it does not exist. |
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#2
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Pretty self explanatory...
But don't worry, it will be ear-marked too big to fail again, because of that nice union support ![]() GM SURVIVABILITY
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An unwavering defender of those I see worth protecting. "promote the general welfare, not provide the general welfare" We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America. |
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#3
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![]() that upsets me most.
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#4
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no no no.. it's not Koenigsegg the exotic car maker... It's Koenigsegg group which is a completely separate entity.
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#5
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Someone should buy Volvo & Saab and make it one company.
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Loving my BMW |
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#6
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Saab likely to close as GM fails to sell car brand - Yahoo! News Koenigsegg, a tiny company that makes only a dozen high-performance luxury cars a year, was formed in 1994. Its headquarters and factory — which produces cars that cost more than a $1 million each — are at a former air force base in southern Sweden.
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You have your way. I have my way. As for the right way, the correct way, and the only way, it does not exist. |
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#7
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Hmmm. One is owned by Ford, the other by GM....hmmm.
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An unwavering defender of those I see worth protecting. "promote the general welfare, not provide the general welfare" We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America. |
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#8
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I don't understand why Ford would want to sell Volvo. It's a premium brand for them and if they actually updated their cars once in awhile it wouldn't be so dead from a sales perspective. I mean really, how dated are their cars? XC90, S40, S60 (finally being replaced) etc....
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The Present: 2014 Audi Q5 TDI Prestige The Past: 2013 Lexus GS350 2013 VW Golf TDI 2007 BMW X5 4.8i LOADED & Loved 2009 VW Jetta 2008 VW Touareg VR6 2005 BMW X5 3.0i 2005 BMW Z4 3.0i 2004 BMW X5 3.0i 2003 BMW 325i 2000 Ford Explorer Eddie Bauer 4x4 |
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#9
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__________________
An unwavering defender of those I see worth protecting. "promote the general welfare, not provide the general welfare" We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America. |
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#10
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I agree that Ford should keep Volvo however the problem is that Ford does not address the suspension. I had two V70's and the first one was a smaller pre-ford design that handled well. It was a nice car but had issues with emision controls and was in the dealer once a month for this issue. The second one was a Volvo/Ford car it was reliable and trouble free and look nice but it felt big and did not handle well. The current V70 looks even better but lacks handling.
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Loving my BMW |
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