Glad that Saab has been bought by Koenig…

Glad that Saab has been bought by Koenigsegg. That should be a welcome change. On the other hand, I’m disappointed that Hummer is going to a Chinese company. That will likely mean a decrease in quality and durability. Also disappointing is Hummer’s sale price, which is supposed to be less than 500 million USD according to the NYT.

See this slideshow for GM’s protracted fall from glory to bankruptcy: http://www.nytimes.com/interactive/2009/05/31/business/20090531_GM_TIMELINE.html