We have received a new that in order for GM to generate more money while waiting for the bailout that is still pending negotiations from the US government, GM plans to sell one of its luxury brands, the Sedish car maker Saab.
Sources said that the GM has come up with will wait up until March of 2009. By the time, GM knows fully what to do with Saab. Some said the Swedish car company can either be sold by GM or either put it into closure. Eitherway, we still don't know what will really happen to Saab not until March of next year.
Read more: GM To Sell Saab By March [click]
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