From GM Media:
These items were offset by charges of $116 million for restructuring, a charge of $822 million related to Saab filing for reorganization, and a charge of $291 million in GM North America (GMNA) related to asset impairments.
OK, so that’s not Saab’s losses for the quarter. GM don’t break down the numbers for different brands. But let’s just assume it is.
From the SMH:
Toyota lost 765.8 billion yen (7.7 billion US dollars) in the quarter to March alone, even more than General Motors, as it idled plants to ride out the biggest crisis in its more than 70-year history.
I guess that means it’s (not quite) official: Saab are more profitable than Toyota!
No wonder they’ve got so many interested suitors.
Iwas cleaning out some old email today and I came upon this from Mark S. I’m not sure I ever featured it at Trollhattan Saab, but as I read it I felt I just had to give it a run here.
Mark’s noting just a few things that he loved from his C900 and missed when he picked up a 9-3.
- 1.) The protected door sill – This feature made entry/exit of the vehicle very easy, and kept the sill clean! The first time I smeared road salt across the back of my pant legs exiting the 9-3, I realized my last Saab had a design feature that my new one lacked!
- 2.) Integrated car jack “brackets” – I’m sure Saab had a term for these, but I’m referring to the jack “holders” found in all four jack locations on the 99/900. This was a safety feature I completely took for granted until the first time out with my GM supplied suicide jack. Unless you’re on perfectly level ground, watch out! And even then! On the 900, the jack actually slides into a brace in the proper jack position, eliminating the chance of the jack rolling over once the car has been hoisted up.
- 3.) “Exposed” wipers – Okay, this might sound crazy, but hear me out. Here in New England, we spend alot of time brushing snow and scraping ice off our cars. As you will recall, the hood of the classic 900 consisted of one unbroken plane running all the way to the base of the windshield. Unlike most other cars, the wipers were not buried in a channel at the base of the hood. With the 9-3, ice and snow tend to pack into this space around the wipers, and it’s a pain to clear out. This was never an issue with the 900.
- 4.) Flat cargo area – Remember folding the back seat of your classic 900 in order to transport stuff that only station wagons or pickup trucks would normally be able to carry? I can recall how easy it was to load a full size clothes dryer into my 900, by myself. Since the floor was completely flat from the rear bumper all the way to the seats, it was quite easy to load and unload such cargo. My 9-3 also has a large cargo area, but the floor is not flat and a bit more difficult to load and unload.
- 5.) Lower “waistline” – The trend seems to be toward a higher and higher posterior, which makes visibility a bit more of a challenge. The 900/99 had much better rear visibility.
- 6.) The curved windshield – Okay, this might be more of an aesthetic point but the curved windshield contributed to the cars character and exciting appearance, and also brought the glass far away from the passenger’s face. This was safer, and created a greater sense of space in the cabin.