Wednesday, March 09, 2005

Le Roi est mort!
On the heels of the announced failure of Saab's Trollhattan plant to garner future production of mid-size Saab-Opel-Vauxhaul automobiles (which came just after the good news that Trollhattan had been chosen to produce the Cadillac BLS) which means that production at that plant may cease after 2010, Peter Augustsson, President of Saab Cars, has resigned. The reason cited in the Financial Times was his desire to embark on a project to start his own business development company. Sounds suspicious to me. He has been replaced by Carl-Peter Forster (President of GM Europe) as Chairman of the Board.

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