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GM Director Positive on Saab, Hummer

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From Reuters

General Motors Corp. board member Jerry York is now convinced that the Saab and Hummer brands are good for the automaker, a month after he had suggested GM get rid of them, said Bob Lutz, GM’s vice chairman of global product development.

“Saab has really turned the corner,” Lutz said before the Geneva Auto Show. “It is close to making money as a brand.”

“Jerry made all those comments before he joined the board,” he added.

York had urged the No. 1 automaker in January to consider eliminating Saab and possibly Hummer to focus on turning around its money-losing U.S. manufacturing operations.

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