Photo: http://saabworld.net
The reality of Saab going under is starting to sink in as thousands of cars in the US are now not going to be serviced by the dealers. But the future might be even bleaker for the showrooms than for the individual owners, because they are facing no employee payments, liquidation of existing stocks.
Of course, the biggest problem for the dealers, who will also not receive factory incentive programs and payments, is that the cars sitting on their lots can not be given a manufacturer warranty. The solution some of the 188 network members have gone for is to offer up their own warranty.
According to Automotive News, there are about 2,400 cars sitting on lots as of last week in the US, and the clock is ticking to shift them to willing customers. Detroit’s Saab of Troy is the worst off, with about $4 million in stockpiles of unsold cars.
According to Automotive News, there are about 2,400 cars sitting on lots as of last week in the US, and the clock is ticking to shift them to willing customers. Detroit’s Saab of Troy is the worst off, with about $4 million in stockpiles of unsold cars.
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