For those who have been keeping track of Saab’s crucible of a time trying to stay afloat as an independent automaker already know about its recent sales from Swedish Automobile to a pair of Chinese companies. China’s Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile would be nurturing the brand back to financial health, but the situation isn’t all sunshine and daisies for everyone. In fact, the party that has recently protested the deal was none other than General Motors.
“GM 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,” said GM spokesman Jim Cain to Reuters.
Considering GM’s multitude of success in China, it’s easy to understand the desire for the company to maintain its cushion in the market from a business perspective. But how many strings will The General pull to keep Saab out of China? For the sake of the struggling Swedish automaker, hopefully none.