Quote:
Originally Posted by Ed Arcuri
I had a friend in college who was a real nut for Saabs - or SAABs as they were known then. He had the only one in town that I know of. I liked his car and have liked Saabs since. Does anyone know whether Saab has ever been profitable?
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There was some commentary in amongst all the other mess of the last month or so indicating that Saab Nth America is profitable, I can't tell you if that is $1 profit or a few million but apprently at least in Nth America it is making some money.
Prior to the whole credit mess, and going back about 6-8 months the indication was that Saab as a whole was needing around 130-140k sales per year world wide to be profitable and at that time they were around 120k sales world wide. I don't have any solid numbers, but I would be inclined to think that right now Saab is not profitable as the global sales slump will be taking them a good distance away from 120k mark let alone the profitable sales mark.