Word: saab
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Dates: during 2000-2009
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...related move, GM announced on Friday that 500 dealers who handle Hummer, Saab and Saturn brands would be moved outside of GM's dealer network or terminated if a buyer for those nameplates cannot be found. Also on Friday, GM began notifying 1,100 GM dealers that their franchises will be terminated because they have failed to meet sales targets. Of GM's other 4,500 dealers, the automaker expects to cut 900, and it may use bankruptcy to get that done...
...billion in further emergency loans, bringing the total amount that the Detroit automakers have requested to $39 billion. GM says it needs $12 billion more to avoid bankruptcy and announced plans to lay off 47,000 employees and sell or phase out three of its marques--Saturn, Hummer and Saab--and reduce Pontiac to a "highly focused niche brand." Chrysler has asked for $5 billion and plans to cut 3,000 jobs...
...SAAB...
...lite Chávez overthrew, has done little to offer a viable political alternative. Its weakness is another reason Chavistas insist their hero should be able to run again. "Chávez is the only leader who can hold all the nation's poles together,' says Tarek William Saab, the pro-Chavez governor of Anzoategui state on Venezuela's eastern coast. "His opponents are panicked because they know they can't win if he's the candidate." Former Chávez Information Minister Andrés Izarra says fear that an opposition leader could win the next presidential race...
...responded to Obama's criticisms on Thursday: "Don't say Chávez is throwing stones," he said. "Obama already threw the first one." So while Saab says Latin pols like himself have "reasonably positive expectations" about Obama, they're "skeptical." But even if the U.S. doesn't give Saab a visa while Obama is President, a sufficient number of Latin Americans are likely to see enough change in gringo policy to soften their resentment toward the U.S. And if Obama is smart, he'll see that as a good start instead of an afterthought...