General Motors planning to keep Saab, Hummer

Mark LaNeve is out to put the kybosh on any notion that General Motors has designs on folding Saab and/or Hummer in its bid for solvency. The automaker's head of North American sales and marketing noted in a conference call that the two brands are "intrinsically woven" into GM's global outlook.

While Hummer has been experiencing growth and turning a profit, the General's Swedish outpost has been awash in red ink for many years. With a lack of fresh product and a clear brand identity, Saab has been on the 'Will-They/Won't-They' Ferris wheel of brand consolidation speculation for as long as the discussion of portfolio tightening has been taking place.

[Source: News.com.au]

Reader Comments (Page 1 of 1)








Autoblog Podcast #151: With Car and Driver's Eddie Alterman

Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.

 
 

Featured Galleries

  • SEMA 2009: HPP Daytona Challenger
  • LA Design Challenge 2009 Competitors
  • SEMA 2009: 1962 Chevrolet Corvette C1-RS
  • SEMA 2009: Bigfoot
  • SEMA 2009: Black Bison Toyota Alphard
  • Ford's Inflatable Seat Belts
  • 2011 Porsche Boxster Spyder
  • Shelby Turbocharged Mustang
  • Jetta TDI Cup Street Edition
  • SEMA 2009: Ringbrothers 1964 Ford Fairlane
  • SEMA 2009: Lexus F-Sport
  • SEMA 2009: Hennessey HPE700 Camaro
AOL Autos

Find Your Next Car

Autoblog Video


Autoblog Green

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum