Saab 9-5 delayed? Seems so. | Saab Cars & Trollhattan Saab

23 May 2015 | Author: | Comments Off on Saab 9-5 delayed? Seems so. | Saab Cars & Trollhattan Saab

Saab 9-5

delayed? Seems so.

Automotive News have written a major story on an issue that first surfaced a few days ago. Back then it was rumours about the Chevy Cruze compact car being delayed. Today#8217;s story concerns quite a lot of GM#8217;s coming models being delayed due to funding problems putting constraints on research and development.

General Motors is postponing nearly all of its spending on product development in 2009 and 2010 #8212; a cost-cutting move that could delay the introduction of key vehicles such as the Chevrolet Cruze.

The automaker also is cutting spending on engineering, design and r#038;d, say sources familiar with GM#8217;s plans. So far, nothing has been officially canceled, but nearly everything is delayed, the sources say.

#8220;The 2009 stuff that#8217;s too late to cancel is coming out, then everything else gets pushed out anywhere between three months and up to a year,#8221; said one of the sources. #8220;It#8217;s not just capital budget; it#8217;s also engineering, design #8230; everything that would cause money to flow out in 2009.#8221;

There#8217;s nothing about Saab mentioned directly in the Automotive News story, but then we have this, which came through TS earlier today#8230;..

Sorry to say this but on a meeting today i got the information that 9-5 is delayed. The number of try-out builds are also reduced but i dont know if or how that affect the geneva show.

Guys, this circus is going nowhere but down. I also got some other #8216;what-the-heck-is-going-on-here#8221; info#8230;but i guess the 9-5 is enough of bad news for you..

#8230;..and I can confirm from the information I#8217;ve seen associated with that comment that the commenter knows what he#8217;s talking about.

I imagine that Saab will still show the car in Geneva, though it seems that in this current climate, nothing is certain. What seems highly likely is that the 2010 Saab 9-5 won#8217;t come out for sale late in 2009, as we assumed.

GM are going to proceed with vehicles that are near production already. Vehicles such as the Buick Lacrosse, Chevy Traverse and Cadillac CTS wagon will go ahead.

Similarly, they#8217;ll proceed with the Chevrolet Volt as that vehicle is seen as essential for the near-term future of the company.

Saab? Not so essential from the company point of view.

#8212;#8212;

For those who haven#8217;t been following it themselves, the GM/Chrysler merger story is still well and truly alive. In fact, multiple sources are now saying that the deal is all but done, with GM lobbying the US government for funds to complete the deal. The government cash would provide an equity stake in the merged company that I#8217;m guessing the government would able to sell down the track.

This means that GM would have a whole lot of brand/people/dealer cutting to do. Where that would leave Saab, I don#8217;t know.

Would GM use it as an opportunity?

I know they#8217;ve committed to Saab etc etc, but that was before their entire world was turned on its head. I#8217;ve got a feeling that the GM we#8217;ll all be observing in 12 months from now will be quite different to what we#8217;re seeing today.

I#8217;m not trying to scaremonger here, but I am pretty sure that September-to-December 2008 is going to be seen as a defining time for GM, should they survive the next 12 months.

#8211;

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