Saab suffers US and Swedish sales slump
TT/David Landes · 4 Nov 2009, 14:04
Published: 04 Nov 2009 14:04 GMT+01:00
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According to figures presented on Tuesday by US-based owners General Motors (GM), only 513 customers drove Saabs off the lots of dealerships in the United States in October, a 74 percent drop compared with the 1,975 Saabs sold in October of last year.
The sales slump for Saab comes amid an overall sales improvement for GM, which sold 177,603 cars last month compared to 170,585 last year – an increase of 4 percent.
Meanwhile Ford, which owns Volvo Cars, reported on Tuesday that US sales for the 4,437 vehicles sold by the Swedish automaker in October amounted to an increase of 19.4 percent compared with figures from the same month in 2008.
Ford reported overall US sales for October of 136,920 vehicles, a 3.1 percent improvement compared to October of last year and a 21 percent increase from the previous month.
Saab sales in Sweden also suffered in October, according to BIL Sweden, an association representing the auto industry in Sweden.
Only 588 new Saabs were registered in Sweden last month, a drop of 70.3 percent compared with October 2008.
Swedish sales of Volvos were also down slightly, from 4,482 vehicles in October 2008 to 4,355 vehicles last month, a drop of 2.8 percent.