{"id":189943,"date":"2010-01-27T11:08:00","date_gmt":"2010-01-27T16:08:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/01\/27\/saab-auto-to-survive\/"},"modified":"2010-01-27T11:08:00","modified_gmt":"2010-01-27T16:08:00","slug":"saab-auto-to-survive","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/01\/27\/saab-auto-to-survive\/","title":{"rendered":"Saab Auto to Survive"},"content":{"rendered":"<p>I think that the folks at GM have finally realized that they could either close down the company, pay the costs for that, and secure the undying enmity of a lot of potential future customers, or sell it to someone for a bag of magic beans.<\/p>\n<p>In this case, &#8220;someone&#8221; is the Dutch sports car manufacturer, and the magic beans are <a href=\"http:\/\/www.nytimes.com\/2010\/01\/27\/business\/global\/27saab.html?partner=rss&amp;emc=rss\">$74 million in cash and $326 million in preferred shares<\/a>, which, for a company that can manufacture about 100,000 cars a year, is a pittance.<\/p>\n<p>I&#8217;ve always liked the cars, though I&#8217;ve never owned one, and I think that this is a positive.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I think that the folks at GM have finally realized that they could either close down the company, pay the costs for that, and secure the undying enmity of a lot of potential future customers, or sell it to someone for a bag of magic beans. In this case, &#8220;someone&#8221; is the Dutch sports car &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1108,1005],"tags":[],"class_list":["post-189943","post","type-post","status-publish","format-standard","hentry","category-auto-industry","category-business"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189943"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=189943"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189943\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=189943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=189943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=189943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}