Saab to Separate from GM and Create Independent Business in Sweden
Green Car Congress
FEBRUARY 20, 2009
In its updated business plan submitted to the US Congress on 17 February, GM said it had offered Saab for sale, and had requested Swedish government support prior to any sale. GM also said that is will sell or phase out the Hummer brand by 31 March, with a final resolution no later than 2010, and spin-off, sell or phase out the Saturn brand.
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