Is Anybody Really Interested in Buying Saturn? Hummer? Saab?

$2.95, that is my final offer

I don’t think anyone cares about Saturn or Hummer, but Saab has a lot of character and a fair deal of experience with turbocharged 4-cylunder engines. Turbo-4s have excellent economy and power potential.

Maybe a Chinese company?

All you're really getting with Saturn and Hummer is the name (and perhaps the rights to resell GM models that GM couldn't sell).

Back in the 90's both had unique products that might have been able to go alone but now they are just rebadged GM products.

Perhaps an Indian or Chinese company will buy the Hummer name and use on some restyled version of their trucks but with the world economy in it's current state I can't see anyone lining up to do that.

I could care less about Saturn and Hummer, but I want to see Saab stay. I feel really bad for them because they have some really interesting quirks (center-mounted ignition, dimming switch that dims everything but speedometer, etc.) that make Saab so special. If only they could make a great car with character that doesn't have a design that dates back to 1998.

Careful with that $2.95 offer.... Didn't they recently sell their stake in a company for just $0.03?!? They MIGHT just take you up on that $2.95 offer!

http://blogs.edmunds.com/straightline/2009/01/gm-sells-stake-in-taiwanese-joint-venture-for-1.html

This is the perfect opportunity for a Chinese company or other company trying to establish themselves in the U.S. to tap the expertise of selling in the U.S. market without much investment. These companies are the open back door for someone looking to get in the game here in the U.S. Especially Saab since they actually have their own established Manufacturing facilities at home in Sweden. Everyone jus keep your eyes on these three and don't be surprised who you may find buying these brands.

At least Ford put up something decent: Jaguar and Land Rover. If GM offered to sell, say, Cadillac or even Buick, I'm sure they could still get decent money. Maybe help them stay afloat for another few months.

"center-mounted ignition"

fantastic innovation, really puts the company on the map.
Run a few more 'born from jets' ads and they will be back on top.

Although I remember the co-worker getting his towed to the Saab dealer multiple times because the fancy key wouldn't work anymore. Nothing to do with the placement of the ignition, just what one thinks of when they first hear Saab can be a lot different from person to person.

minibro77, that is the frightening idea that I had when I first heard about all the companies for sale. The Chinese are all about getting the technology right now. Insisting that companies that do business there not only build there but give them the technology to build the stuff. Buying an up and running car company would be just too perfect. Since Saturns are rebadged other makes it wouldn't be real appealing to them but they could always start assembling Saabs in China. It would give them someplace else to put all the plastic chemicals, antifreeze and lead.

Saab was the perfect company that GM acquired to compete with BMW, Mercedes, and Audi. Instead, they invest little effort and time into the brand, complain about how it loses them money, and run it into the ground. Congrats GM, you destroyed my favorite brand. I think it'll eventually get picked up by someone because Saab does have a bit to offer. Let's just hope these new investors keep Saab's quirkiness, improve upon its flaws, and most importantly, know how to run a business.

Why should a Chinese company pay for the technology when they can just steal it and not have to worry, since their government ignores international laws and opinions....and since we don't seem to care that they are allowed to do this?