home *** CD-ROM | disk | FTP | other *** search
- BUSINESS, Page 65Business NotesAUTOMOBILESFrom Turbo To Trouble
-
-
- With its turbocharged engine and curvilinear profile, the
- Swedish-built Saab 900 was a chariot of choice for arrivistes
- of the mid-1980s. But now Saab-Scania's auto division is hitting
- the skids, largely because of intensified competition and a
- relatively weak dollar that has pushed the cost of Saab's newest
- 9000 turbo model to a base price of $30,795. The parent company
- confirmed rumors last week that it is discussing a possible
- linkup with Ford, which could give the Swedish company's
- finances a boost. The U.S. automaker is believed to be
- particularly interested in ventures with the Swedish company's
- very profitable truck division.
-
- In another sign of red-hot rivalry in the U.S. market,
- General Motors' Oldsmobile division said last week that it would
- adopt a novel guarantee: Oldsmobile will allow buyers of its new
- cars who are dissatisfied for any reason to return the autos
- within 30 days (or 1,500 miles) for full credit on a different
- Olds.
-
-