GM Allowed SAAB Inventories To Dwindle To 500 Cars For Entire U.S.
Saab's near-death experience has left it with just 500 cars for sale in showrooms across the United States, a figure the company wants to boost in coming years, CEO Jan Acker said Tuesday.
"That number should probably be 5,000," Acker said at the Geneva Auto Show, where he appeared with the CEO of the Dutch automaker Spyker which in December took over Saab and gave it a new lease on life.
General Motors Corp. sold Saab Automobile AB to Spyker Cars NV for $74 million in cash plus $326 million worth of preferred shares in Saab. The deal was completed last month.
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