Well, there's good news and, maybe, bad news. Chinese companies, encouraged by government bureaucrats to expand ownership of foreign companies and assets, have now pledged to buy Saab, the Swedish auto maker that
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October 2011
Americans driving less miles than in almost a decade
You can tell the economy is still pinched tight. The Detroit Bureau is reporting that although car sales are creeping upward, Americans as a rule are driving less now than they have at
Burdge addresses Hawaii military lawyers on consumer lemon laws
To help military legal personnel better understand Hawaii's consumer protection laws, Ron Burdge will join Hawaii's Lemon Lawyer Jeff Crabtree to provide base legal training at Schofield Barracks for all military branches today,
Saab - it ain't over yet, folks. 70 million rolls in at last minute
The Swedes aren't doing it the way US government officials did. Their government isn't rushing to the aid of Saab with a taxpayer bailout. Instead the company is forced to scramble to find money
Once upon a time, Saab was a shining star in the sea of vehicles GM built or had a hand in building. Now, with Swedish creditors pounding on the doors and Swedish employees unpaid, the factory shuttered in Sweden (although the one in Mexico has its doors open), and the Chinese government saying the Chinese "white knight" money is doubtful - the "administrator" put in charge of the Swedish company appears to be fed up, according to news reports.
Saab dodged the bankruptcy bullet last month but without money to get by from day to day, it may be only a matter of time. That's a shame in many ways, not the least of which is the fact that reviewers like what they saw when Saab unveiled it new 9-4X model only weeks ago.
Orphaned by GM during the GM bankruptcy, and shuttled back and forth among suitors ever since while it struggled for cash flow, it likely now faces the end of the fight soon. Perhaps very soon.
As we have been saying for months, maybe you need to think hard before you buy a new or used Saab unless, of course, you can get a bunch of spare parts as part of the sale. You may not be able to find a dealer who has any when your Saab's parts wear out or break down.
Saab dodged the bankruptcy bullet last month but without money to get by from day to day, it may be only a matter of time. That's a shame in many ways, not the least of which is the fact that reviewers like what they saw when Saab unveiled it new 9-4X model only weeks ago.
Orphaned by GM during the GM bankruptcy, and shuttled back and forth among suitors ever since while it struggled for cash flow, it likely now faces the end of the fight soon. Perhaps very soon.
As we have been saying for months, maybe you need to think hard before you buy a new or used Saab unless, of course, you can get a bunch of spare parts as part of the sale. You may not be able to find a dealer who has any when your Saab's parts wear out or break down.
Burdge Law Office
Helping consumers protect themselves since 1978
Factory production up at car plants - what do they know that we don't?
North American car manufacturers (US, Canada and Mexico) increased their overall production of new cars and trucks by 9% in the last month to a high of just unde 1.2 million new vehicles, according
Iowa Warns About Easy-to-Use Odometer Rollback Devices Running Rampant
Used odometers for sale on the internet With two consumer complaints in the last week, odometer rollbacks appear to be increasing. And we aren't the only ones who think so. At the end
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