9-4X, built by GM for Saab, may be discontinued - Saab itself hasn't produced a vehicle in months.
GM says it will sever its partnership with Saab if a pending sale of the brand to two Chinese companies goes through.
Saab owner Swedish Automobile has a deal in place to sell the Saab brand to China's Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co.
GM, Saab's previous owner, currently supplies the Swedish automaker with components as well as building the Saab 9-4X crossover model - currently the only Saab vehicle being produced as Saab production has been shut down for months due to a lack of operating capital.
GM spokesperson Jim Cain issued this statement yesterday:
"Although General Motors is open to the continued supply of powertrains and other components to Saab under appropriate terms and conditions, GM will not agree to the continuation of the existing technology licenses or the continued supply of 9-4X vehicles to Saab following the proposed change in ownership as it would not be in the best interests of GM shareholders."
GM believes that supplying technology to Chinese firms would hurt its competitiveness in China, the world's largest automobile market.
Swedish Automobile said it will try to revise its deal with the two Chinese firms in order to accommodate GM's objections.
"We have to go back to the drawing board," said Victor Muller, Saab Automobile's CEO.