Exchange Rate Puts Kibosh On Saab 9-3 Employee Purchases; More To ...
03/07/2008 08:03. Starting with the 2009 model year, Saab will no longer allow GM
employees to purchase the 9-3 at a discount, citing current exchange rates that make the 7%
price cut economically unsound. Saab sold about 23,000 9-3s last
year, and the company claims approximately 1,500 of those were
employee sales — though we think the total may be
significantly higher based on the popularity of the 9-3 in Metro
Detroit. If the numbers are accurate, the change would likely mean
at least a 6% drop in future 9-3 sales. The bigger question is
whether GM will stop at the 9-3 or begin slashing employee purchase
discounts on all imported models. Vehicles that could be affected
after the jump.
The Chevy Aveo could see its employee... //
Jalopnik