General Motors trading technology with Saab for 5 years

As part of its viability plan, General Motors might be unloading Saab although it may still want to share vehicle platforms in the span of five more years. Furthermore, the General will be totally cutting its financial backing for the Swedish carmaker by the close of 2009.

The reason for this odd arrangement is because both are coming out with models that depend on each other’s technology. In this latest deal, Saab is allowed to utilize the global platforms of GM, which is essential for the 9-4x’s success, while on the other hand Saab will provide GM with the use of its developments in the area of safety, chassis and powerplants. Meanwhile, Saab is intensifying efforts to locate a buyer since its bankruptcy declaration the previous month.
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racedogs - 4/4/2009 1:40:02 AM

+1 Boost

They may be trading technology with Saab but they have been stealing it from Ford for much longer. Watch for them to copy Ford's new Eco Burst motors next.