Saab dealers in the U.S. running out inventory

2010 Saab 9-5 Sedan

Saab dealers in the United States are running out of inventory as the Swedish brand cuts production to save cash and prepare for its first new model in seven years.

“We have about 10 Saabs left, and they won”t last long,” said Ivan Goodwin, sales manager at Jim Ellis Saab in Atlanta. “It”s going to be a big problem, but there is nothing we can do about it.”

General Motors, which preparing to sell Saab to Koenigsegg, has slowed down assembly of current models to retool its Swedish factory to build the new 9-5 sedan. It was announced last week that Koenigsegg will reject 81 of the brand”s U.S. dealerships. That will leave Saab with 137 dealers in the United States.

– By: Stephen Calogera

Source: Bloomberg