GM shifts Saab 9-5 production to China, another nail in Saab’s coffin

Autocar has brought forward a new report, from one of its sources, claiming that General Motors is preparing to shift the Saab 9-5 production equipment from Opel’s factory in Russelsheim to the Buick factory in China.
This pretty much contradicts the announcement GM made before the weekend, in which it said that although the wind down process of the struggling Swedish brand will continue, new offers will be analyzed and the brand might sold.
For those of you who don’t know, GM intended to increase the profitability of the Russelsheim plant by building both the new Opel Insignia and the Saab 9-5 in the facility. GM’s European CEO, Nick Reilly has also revealed a few days ago that the plant will see its capacity reduced, which also hints that Saabs will no longer be built, at least at that facility.
True or not, it’s getting pretty apparent that Saab won’t be coming back.
Source: Autocar
Post tags: Tags: china, General Motors, gm, Saab