Volvo and Saab Should Merge, GM CEO Says

Bob Lutz found it useful to speak his mind at the 2009 Geneva Auto Show and advised Volvo and Saab to merge into one company, completely separate from Ford and General Motors. The advice comes not out of concern for the two unwilling victims of the American manufacturers' financial problems, but as a way for GM to get rid of the Saab, without having to put much effort into it.

Bob Lutz told Swedish news agency TT that merger will provide a "way (for) both we and Ford get rid of a problem.” The CEO added that GM has been seeking a buyer for Saab, but so far they haven't had any luck. Nor does the official hope to find one.

"I think it will be hard. Buyers also look at the figures. Just like the Swedish government has done. Who wants to buy a firm that has reported losses, year after year,” wonders Lutz.

Saab's CEO, on the other hand, seems strangely optimistic. "There are about five we want to talk to. There are a couple more we are also looking into. We should see which candidates are serious in the next week and a half,” said Jan-Ake Jonsson earlier today, without giving any other details.

Even if that were the case and Saab indeed had buyers cueing up outside Jonsson's office, Lutz's statements could have scared them away. The American executive does not seem eager to give the Swedish manufacturer any chance for survival.

Could this attitude be one of the reason the Swedish government is reluctant to supply aid for Saab? Some would think so. The worst part is that without a new owner, it will be almost impossible for the company to get over the crisis. And GM, strangely enough, doesn't seem to care too much.

Undoubtedly, the saga will continue. It remains to be seem whether we will witness a romance or a tragedy in Saab's life.
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About the author: Daniel Patrascu
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Daniel loves writing (or so he claims), and he uses this skill to offer readers a "behind the scenes" look at the automotive industry. He also enjoys talking about space exploration and robots, because in his view the only way forward for humanity is away from this planet, in metal bodies.
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