Last Friday, GM spokesman Jim Cain said that the company would "not be able to support a change in the ownership of Saab which could negatively impact GM's existing relationships in China or otherwise adversely affect GM's interests worldwide.”
Today, General Motors has finally stopped beating around the bush and decided to come out in the open about the Saab-Pang Da-Youngman deal. And what the Detroit-based automaker said is that it's not giving away its Epsilon platform technology nor its 9-4X SUV.
“Although General Motors is open to the continued supply of powertrains and other components to Saab under appropriate terms and conditions, GM will not agree to the continuation of the existing technology licenses or the continued supply of 9-4X vehicles to Saab following the proposed change in ownership, as it would not be in the best interest of GM shareholders,” Cain said in a statement.
Read more »
No comments:
Post a Comment