SAAB News

After GM loses billions in Europe, Mary Barra moves to sell Opel

GM - General Motors

History repeats itself, especially in the case of GM. After Saab, and some other brands that GM shut down, the time has come for GM to leave the Opel brand.

Today, GM has raised the possibility that it could abandon the overcrowded European market by selling unprofitable Opel to France’s PSA Group (Peugeot and Citroën).

The possible deal would create the European Union’s second-largest car manufacturer, after Volkswagen, which is vulnerable because of its emissions scandal. In GM hopes that this decision will enable GM to concentrate resources on new technologies, including self-driving cars?!

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An earlier attempt to sell Opel to a group including a Russian bank failed in 2009. GM restructured its European operations over the past six years,  It has closed Opel plants in Belgium and Germany, and it abandoned its struggling Saab brand after emerging from its 2010 bankruptcy. Still, GM Europe failed to break even in 2016, as Barra had once promised it would, and the company said last week it did not expect profits in the operation until 2018.

Goran Aničić
the authorGoran Aničić
For over 15 years, Goran Aničić has been passionately focused on Saab automobiles and everything related to them. His initial encounter with Saab cars took place back in 2003 when the first Saab 9-3 and sedan version were introduced. At that moment, he was captivated by the car's Scandinavian design logic and top-notch engineering, and everything that followed stemmed from that first encounter. Later on, through his work at the editorial team of the Serbian automotive magazines "Autostart" and later "AutoBild," he had the opportunity to engage more closely with Saab vehicles. In 2008, he tested the latest Saab cars of that time, such as the Saab 9-3 TTiD Aero and Saab 9-3 Turbo X. In 2010, as the sole blogger from the region, he participated in the Saab 9-5ng presentation in Trollhättan, Sweden. Alongside journalists from around the world, he got a firsthand experience of the pinnacle of technological offerings from Saab at that time. Currently, Goran owns two Saabs: a 2008 Saab 9-3 Vector Sportcombi with a manual transmission, and a Saab 9-3 Aero Griffin Sport Sedan from the last generation, which rolled off the production line in Trollhättan in December 2011.

1 Comment

  • I am looking for help and infomation on the clutch cable adjustment on my 900 SE turbo soft top, I am restoring the car at the moment. any ideas as I hope I can void a new clutch

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