Thread: GM CEO Out.
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      12-01-2009, 08:34 PM   #6
quagmire
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Quote:
Originally Posted by ptack View Post
Dropping the balls over Saab and Saturn did him in. The marching orders were to get lean and focused. Losing Pontiac doesn't cut it.
????

Renault killed the Penske-Saturn deal.

And we don't know yet why Koenigsegg backed out of the deal. And on a personal note, Fritz is a fan of Saab. His wife owns a 9-3 Aero.

Saturn and Pontiac are dead. Saab might be sold still or will go into liquidation.

Plus, it isn't Fritz's fault for the failing of the sales deals in any way because GM doesn't own them anymore. Motors Liquidation does.

Last edited by quagmire; 12-01-2009 at 08:57 PM.
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