You are browsing the archive for 2010 August.

More from Swedish Car Day XI 2010

August 31, 2010 in Saabology

Thanks a million for all of you that responded to Swade’s request for photographs from the Swedish Car Day this past weekend.  Please look through the photographs, they are fantastic.  Predictably, many of the comments ended up in the spam filter along with the offers for Kardashians doing unseemly things on video and cheap drugs from Canada.  I have corrected the comments and your links should now appear.  I’ve mentioned it before, but I am still blown away by the sheer number of spam comments this site gets.

SU friends Charles River Saab, and, in particular, service manager Pierre Belperron, put on a great event.  The Larz Anderson Auto Museum is such a great place for a gathering like ours.  If you live in New England or frequently travel to Boston, make some time to go there on your next trip.  You will not be disappointed.

—————

First, a big shout out to our new friends at In Control crash prevention training.  Once again, Mr. Belperron is a true Saab man and makes safety a priority.  He took the In Control course sometime ago and was so impressed that he became an instructor.  On Saturday, Kevin, Scott, Peter and Pierre led us in a day of integrated classroom and track training at an old Naval air station in South Waymouth, Massachusetts, just 40 minutes or so from the Charles River Saab dealership.  Excellent!  Huge bonus that Pierre provided three 9-3 sedans (one fitted with XWD) and a 9-3x for the day rather than the Toyota Camrys that In Control typically uses.

All of the instructors have real-life racing experience and training and their aim is to train drivers to get the most out of their cars in emergency situations.   The focus is on the physics of automobile handling and how to best use physics and modern car technology to avoid crashes.

I’ve said it many times since driving with them that morning:  When I started the class I was much, much worse at using my car than I realized.  Now I’ve got new skills to use.  Thanks, guys!  I know that SU regulars Johnny D, Saab007, and Steve in NJ (who has an excellent Commemorative Edition ’94 900 ‘vert) had a good time.

—————-

As long as we are speaking of new friends, let’s say hello to some now!

Peter, a long-time Saab technician and technical instructor/leader, has re-acquired the Saabo camper from the GM Heritage collection.  Well done, sir!!

Say hello to Barbara, a young woman from Ohio that was most probably the newest Saab owner in attendance!  She bought her excellent Viggen only last month after attending the year and attended the track day at the Saab Owner’s Convention in Aurora, Ohio .  Somewhat on the fence about whether to buy the car or not, her dealer, an SOC sponsor, gave her free tickets to the nearby convention.  She liked the cars and the people and took the plunge.   Apparently, I misunderstood Barbara’s story.  I thought that she was on the fence about buying the car, but Nick in comments indicates that she had the car for a time and was perhaps on the fence about getting involved with Saab events.  Either way, welcome!!

Also say hello to Jonesy.  Jonesy is from Trinidad, but makes his home in New York City these days.  He’s got a great 9-3 ‘vert with a few under-hood cosmetics.  Orange is a bold choice, but it looks good on the black car.  Welcome, Jonesy!

Still many more photos and stories to share as time allows.  Stay tuned!

Avatar of Swade

by Swade

SCD photos please

August 31, 2010 in Saabology

In every piece of satire, there’s some reality. Such is the case with Eggs’ rib tickler from earlier today.

I’m certainly no rockstar. But one of the great things about being able to come to events like Swedish Car Day is that I get to meet a bucketload of people that I would otherwise not be able to touch base with.

One of the ever-so-slight downsides of that is that I don’t get to see as many cars up close as I’d like to, and my photo count from the day is way lower than what I’d ideally like it to be. I do have some stuff to share, but it is of a limited number of vehicles.

I know there are some comments coming through where people have taken photos from SCD and posted them online. I thought it might be good to have an entry where people can have access to those links in one place.

So…… if you’ve got some photos from SCD that you’ve loaded up to the web, please leave the link in comments here. Please keep it to one link per comment (link to the album, not to each individual photo) and that way, the comment won’t get caught up by the spam filter).

I’m off home. See you all soon.

Avatar of Swade

by Swade

Saab 900 and the Stelvio Pass

August 30, 2010 in Uncategorized

Does anything else need to be said?

Two of the greatest driving Saabs – 900 Turbos – and one of the world’s greatest driving road – the Stelvio pass.

It’s Dutchies on the loose once again…..

httpvh://www.youtube.com/watch?v=LwpCdwGLF2w

Thanks to Jan-Wessel – who’s in the black car, I believe! Great stuff.

Saab Press Release: Swade Officially a “Rockstar”

August 30, 2010 in Troll Stuff

FOR IMMEDIATE RELEASE August 29, 2010

BROOKLINE, MASSACHUSETTS, USA:  Saab officially acknowledged today that Steven Wade, aka Swade, proprietor of the Saab automotive enthusiast website SaabsUnited.com, is a true Saab rockstar, only without the drugs and groupies.  With this new-found public affection Steven has been inundated with admirers for a good 25 minutes, maybe 30.

“It’s been a long time coming,” observed Parveen Batish, marketing guru of Saab Cars North America.  “He’s was ‘starving artist’, ‘up-and-comer’ and ‘well-known authority’ in succession.  And how can you forget the lengthy stint as ‘media darling’?  None of us thought he’d ever make it beyond that, but here we are.  Quite stunning, actually.”

With such lofty public status and affection comes the attention of the masses, and today’s crowd at Swedish Car Day 2010 is no exception.  Crowds thronged to see the antipodean pundit, who was obviously in his element among Saab and Volvo enthusiasts.  “I read the blog every day,” said one Saab enthusiast, who asked not to be named.  “However, that may change since he referred to Pierre [Belperron, the organizer of Swedish Car Day] as ‘that little guy’ during his presentation.”   Speaking to tens of Saab enthusiasts after his speaking engagement, Steven regaled the eager attendees with tales of his life as a “man with a lot of time on his hands.”

Indeed, out on the grounds amongst the fabulous display of Swedish iron, Steven seemed to barely notice the cars on display, preferring to greet complete strangers as they approached him for autographs, handshakes and locks of his hair.  “I touched him!!!” one excited young woman shrieked, running towards  her car with her hands held high.  Later, she was seen habitually re-applying hand sanitizer as she walked through the museum muttering something about “inoculations”.

Victor Muller, CEO of Spyker Cars NA, parent company of Saab Automobile, and Jan Ake Jonsson, President of Saab Automobile, released a joint statement, saying, “Steven Wade is truly a rockstar that helped to save our brand.  We couldn’t have done it without him, yet we are currently seeking a replacement.  You know how temperamental rockstars can be.  Before long Swade will be asking for top billing, vegetarian meals and sorted M&M’s.”

Of course, this is satire.  I’ve got a real post about Swade’s rock star status in my head that will come in about a day.  Swade really is a rockstar, of course.

Avatar of Swade

by Swade

Swedish Car Day – DONE!

August 30, 2010 in Saabology

I’ll post some detailed information from Swedish Car Day here in Boston tomorrow morning. Right now I need to catch some Z’s.

Suffice to say, however, that the event was absolutely OUTSTANDING and a highlight in what has been a banner year both for me personally and Saabs United as a website.

They had 202 official registrations for the event, but the actual number of cars on display was probably closer to around 220 or so. I arrived at the event at 10am and the grounds were pretty full, but cars were still arriving up to an hour and a half later.

Of course, another highlight after around 5 years of knowing one another, was to finally meet the Eggman…..and others….

Thanks to everyone who was so wonderfully hospitable in coming up, saying hello and generally just sharing your stories and your cars with me. You were all so very kind and I apologise if there’s anyone I didn’t get to say hello to.

And second, to the crew at Charles River Saab in general, and to Pierre in particular – you folks are absolute legends. Events like this are the lifeblood of a community and you did your organisation and the Saab brand proud on the weekend.

Thanks so much for inviting me to come and participate in this event.

As I said, more to come….

Avatar of Swade

by Swade

Presentation to Swedish Car Day 2010

August 30, 2010 in Editorial

I was very fortunate to be asked by Charles River Saab to attend their annual Saab and Volvo car show – Swedish Car Day.

The following is a rough-ish text version of the presentation I’ve prepared, which will be delivered at the event here in Boston.

——

Swedish Car Day presentation.

Sunday, August 29 2010. Larz Andersson Auto Museum, MA.

The state of Saab (as I see it)

….some opening remarks…..

I’d like to take a moment to thank the people at Charles River Saab, who’ve put on this magic day. They got their order in for the weather on time, as you can see. I know Pierre Belperron has been working on this day for months now. There’s a lot of organisational work that goes in to something like this and if you’ve had a great time today, go up and thank Pierre for all of his hard work.

My personal thanks also go to the powers that be at Charles River Saab, who allowed Pierre to convince them that the idea of bringing a blogger all the way from Australia might be worthwhile, too. It’s been a rare privilege to make this journey, meet all of you and see all of these wonderful vehicles on display today.

Of course, the other thing on display here is a very generous helping of Saab Pride – and we know that the love people have for this company is one of the most tangible, visible and real loves that’s right up there with any brand in history insofar as companies that have managed to capture the imaginations and the hearts of the people with the wisdom and willingness to try it.

It’s hard to believe that it was only six months ago that guys from Spyker, Saab and General Motors were sitting around a table in Stockholm, hammering out the final details of the deal to sell Saab. Just six months.

I can’t begin to tell you about the complexity of the work that 1) went into that deal, and 2) is going on right now to separate Saab’s working day from GM’s working processes. Everything that people do in Trollhattan – every part of their working day – was governed by a GM working process. Whether it was something as complex as a decision about engineering or crash testing, or something as simple as ordering new napkins for the staff cafeteria….. Everything was done according to a process that GM had ‘perfected’ over a century as an automaker.

Then……Combine the difficulties of separation with the difficulties of startup. It took Saab weeks to get the factory rolling again because the company was effectively in liquidation when it was sold. When you’re in liquidation, you don’t have a whole heap of stock hanging around. You’re not doing daily maintenance on the machinery that you need to build these cars. In fact, they were planning the deconstruction of the factory.

Now think about the thousands of parts that go into every car and the organisational effort needed to get the supply chain working again – from Sweden to greater Europe and Asia – think of the effort required to do that.

You think of these issues and the fact that it’s been only six months since the sale and you can see why I get a little bit antsy every now and then when some newspapers decide they’d like to turn what is essentially a nothing-story into some sensational headlines.

But why do we feel this way? Why the strength of feeling….?

  • Because of the heritage of the company, and
  • Because it all came so close to coming to an end.

I don’t have to tell you about the affection that people have for Saab’s history. The fact that you’re here today is testimony to that.

But I will anyway….

The cars that they built were so engaging, so practical and still so much fun to drive that they’ve inspired millions of people over the last 60+ years.

I don’t have to tell you how cool a Sonett is, or a 99 Turbo, a 900 SPG, a Viggen or a 9-5 Aero. You can walk outside right now and instantly – and you know this as well as I do – INSTANTLY you’ll fall for something and you’ll be scheming up ways you can get the money together to buy one. I’m already trying to plan – once again – how I might get a Sonett III back to Australia cost-effectively.

But on top of the cars, there’s the history of the company. This little company that punches so far above its weight.

Born from Jets isn’t a tagline, it’s a small variation on the truth and if people started getting a little tense about the whole BFJ campaign, it’s probably because it took a rich history with so many interesting stories, courageous people and fantastic designs and boiled it down to slick, catchy video clip.

That’s heritage. I could talk all day about that but I have to keep moving.

There’s also the fact that it really did almost come to an end. We did a fantastic collective job of continuing to believe back in early 2010. but I’ve got to tell you, there were a few days when it was hard to keep believing.

  • The day Koenigsegg pulled out of the deal. (talk more about Koenigsegg).
  • They day Eric Geers talked about moving to southern Europe (the Canary in the coalmine)
  • The day they announced Saab’s stay of execution in early December
  • The day GM stopped negotiations with Spyker (talk about the phone call with VM)

I was fortunate enough to be pretty well connected through this process, with various people in various places – all connected to the process in one way or another – updating me daily as to what was going on. That’s why when others were guessing about the players involved in this process, I was telling you who they actually were.

Keeping that story together, and accurate – keeping GM accountable for the potential closure of this great company – was the main motivator behind the hours that were put in covering this story.

No matter what ended up happening to Saab, my determination was that GM would not be allowed to close this company down quietly. The story was going to stay in the spotlight as much as possible and you all know about most of the campaigns that were orchestrated to that effect (there is at least one campaign SU was involved in that you don’t know about).

——

Saab/Spyker have now effectively bought themselves another five or six years.

As Victor Muller is so fond of saying, they were there in the midst of the Perfect Storm and bought a fully functional car company – with a factory, a workforce, and most importantly, complete brand new models that were ready for market – representing billions of dollars of investment.

So what they’ve got now is a company that’s ready to sell its products for the next 5 or 6 years – and that’s when the big test will come. The Big Test is whether or not Saab will be successful enough to be able to invest in replacing the new models that they will sell now. If they can do that, they’ve not only bought themselves jobs, but they’ve got continuity.

So what do we know?

Well, we know that they’ve got a bunch of new models coming up. The 9-5 Sedan is just rolling out into showrooms and (finally) the private homes of customers right now.

Next year Saab will add the 9-5 wagon to that range and they’ll also add a vehicle that I’m really excited about, the Saab 9-4x. What really excites me about the 9-4x is that it is a vehicle that Saab really need this market, in North America. I think the 9-4x is going to be THE vehicle responsible for a large portion of whatever growth we see in Saab’s marketshare in this critical market in the next 5 years.

And I have a feeling that the Saab 9-4x is going to be really, really good. Many of us standing here aren’t going to see it as something that would be appropriate for us. I had a drive in an absolutely beautiful white Sonett II last night and for me – that’s what the ideal of engaging motoring is all about. A fun, zippy little car that you look at, feel and enjoy every minute of. Extend that ideal to a more practical level and you get a fun zippy sedan, wagon or hatchback that will hopefully incorporate the engagement of a Sonett with the practicality of an everyday car that can carry people and stuff.

Which brings us to the other new model Saab are working on – the new 9-3.

Consider the range that Saab have had over the years, with cars having to evolve over the course of up to 20 years (or more commonly, around 12-13 years) before they’re replaced with something new.

When the Saab 9-3 comes in late 2012 as a 2013 model year car, the brand new 9-5 that you can see just over there will be the oldest car in Saab’s range. That’s a very exciting prospect.

Where the success of the 9-4x will be critical in expanding Saab’s market presence here in the United States, the success of the new Saab 9-3 will be critical to Saab’s survival.

We all have expectations about what the new Saab 9-3 will bring. It’s so very tempting to thing that now Saab are independent again and they’re going to build into the 9-3 everything that made the Classic Saab 900 feel so wonderful to drive. It’s tempting to think that now Saab are separate from GM, they can just revert back to being the old Saab that we all came to love.

My words to you would be resist that temptation. Block it, throw it out the door and open your mind to embracing a new Saab – one that will unfold in front of us over the next couple of years.

Why do I say this? Well, it’s because everything we’ve seen from New Saab so far indicates that that will most likely be the case.

The first big indicator of this was the appointment of Jason Castriota as the head of Saab Design. Whilst Saab have had external designers come in in the past (think Sergio Coggiola with the Sonett III), I think it’s pretty unusual to have someone being tasked with the job of heading up and leading the whole design department whilst still remaining outside the company.

It’s controversial, unconventional and personally speaking, I’m not sure that I like it, but it’s a considered decision that has shaken the people involved and the proof of the decision will be in the car that we see – a new 9-3 – at some unidentified Auto Show in a few years from now.

The second indicator that Saab will be going a different way is some of the recent advertising that we’ve seen. I made a big deal out of not liking a few of those ads just last week and there has been a lot of discussion about these in various circles. Whilst I still don’t like some of the writing that I’ve seen in some of those ads, I’ve now reconciled myself to understanding what they’re trying to do and a little of the science behind it.

As traditionalists, loyalists and enthusiasts, these decisions shake our boats a little, but maybe that’s not a bad thing.

Saab have to treasure, honour and keep telling the story about where they’ve come from. I’m convinced that their history can be a valuable loyalty builder and therefore a key part of their future.

But as much as these recent decisions have shaken me up as an enthusiast and commentator on the company, the one thing they show is that Saab are on a careful, considered path and that the people in charge have the intestinal fortitude to make a tough decision and to stick to it.

They know the cars they want to build, they know the place in the market they want to get to, and they’re charting a course to get there. It may not be the segment we were expecting. It might not involve a path that we thought we might have to tread.

Personally, though, I give them a lot of credit for having the guts to identify a vision and follow it. I just hope and pray that they bring the crowd that stood up for them along for the ride.

Saturday Swedish Car Day 2010 Photos

August 29, 2010 in Saabology, Troll Stuff

Sitting with Swade as we speak going over the day’s events.  Here are some photos that are, I hope, worth more than a thousand words.

I’m very indebted to Pierre Belperron, Service Manager at Charles River Saab, for his hospitality.  Thanks, Pierre!!

Site Regular JohnnyD, Swade, Pierre

Swade in that Sonett II from the SOC in Aurora:

Swade in the Sonett II

Next, some of our regular readers in attendance:

Saab007, Gunnar, Tedjs

All of the photos will be here.  Some are there now.  Visit soon and visit often!

Avatar of Swade

by Swade

A new Saab 9-5 owner’s preliminary thoughts.

August 29, 2010 in Saabology

This is fantastic stuff.

Gryphon95 is one of those early adopters that many of us would like to be, one that we should applaud. He’s one of the guys who’s put his money where his mouth is and purchased a new Saab 9-5 Aero V6, one of the first to be delivered here in the US.

It’s been a rocky road, too. Through comments and via a couple of emails, I know that he’s felt the ups and downs of Saab’s ongoing journey more than most because he’s got around $50K of his own hard-earned riding on this company and this new product.

Gryphon got his car last week. These are his initial impressions as left in comments earlier today.

——

1. My car before last was a Mercedes R-Class. That thing was a tank and was bank-vault quiet. The NG 9-5 feels as secure and as quiet.

2. It’s a beast. The thing clings to the road and surges forward with amazing thrust when you give it some gas. You can feel every single one of the 300 HP that the Turbo V6 delivers. Also, there’s no turbo lag that I can perceive.

3. You might think that the HUD is gimmicky. However, in two days, I can say that I would not want to drive without it, especially when following navigation instructions. Never having to take your eye of the road is true safety feature.

4. The fit and finish is superb. I think the interior is subdued. It may be too subdued for some. Comparing it the Jaguar XF, which looks like it was designed with the style sense of a 60-year old blind hooker, I will take the SAAB reserved styling any day. The last car that I tested before the 9-5 was the Audi A5. The quality of the materials seemed the same to me.

5. The infotainment in the 9-5 is exceptional. The navigation system is the most detailed I have ever seen. I thought I was going to be underwhelmed after seeing what BMW put in the new 5er, but SAAB knocked the navigation out of the park. It’s intuitive to use. If you like a touch screen, you can use it as a touch screen. If you like to maneuver with knobs and buttons, go for it. Call it “Pilot’s Choice.”

6. The car has the simplest pairing procedure I have ever seen. I did not have to refer to the instructions even once. A minor gripe is that the Bluetooth has to be paired to the device called “General Motors.” You only have to see that once, but I gave it a big boo. However, I promptly forgot about it. I bet that this will be addressed in short order.

7. I love the parking assistance. With a car as big as the NG 9-5, I like having it. Another minor gripe is that I would have liked a back-up camera. I bet that this, too, will be fixed before long.

8. Think the Lane Departure Warning is a dumb idea? I drifted a little out of the lane going about 55 MPH, and the warning prompted me to take quick action to get back in the lane. I can see this being a real life-saver.

9. The seats are great. I have seen a lot written and said about how tall drivers will love the car. Well, I am 5’6″ and 138 lbs. As a short, thin driver, I sometimes have trouble finding a seat that will hold me in place. In no time, I found the perfect driving position in the NG 9-5 and stored it in memory. The key fob even tells the car to move the seat back to my settings whenever I use it to open up the car. Nice touch!

Like I said, I will do a better review after my first road trip, but these are some preliminary thoughts.

My last thought is that the car gets lots of looks and attention. I went to grab a Red Bull at 7-11, and — when I came out — a guy in a hot SAAB 9-3 Viggen was DAMNED excited to see the car and absolutely loved it. Of course, I was just as envious of his Viggen. Talk about a car that still looks and sounds great.

Avatar of Swade

by Swade

Saturday quick links

August 28, 2010 in Saabology

Gotta be quick. Plenty to do…..

I wrote about a very rare edition called the Saab 99 SSE some time ago. Golfhunter has managed to dig up a few more photos of the car and posted them, along with a bit of backstory (in French) over at Saabhuy.

Groovy roof, baby.

——

Associated Press story on Spyker’s mid-year report.

“In just a few months we have delivered several critical operational milestones ranging from restarting our manufacturing and product development to rebuilding our distribution network and undertaking the global launch of the all new Saab 9-5 model, which was extremely well received,” said Saab CEO Jan Ake Jonsson.

It’s easy to forget just how long the road been, sometimes.

——

If you get you’re constantly getting your sixlines mixed up with your OSRVM’s, you might need Jalopnik’s quick guide to automotive design.

——

Peter Gilbert, the million-mile Saab guy, is quite possibly thinking about putting a quick million on one of his other Saabs as he checks out the first of the new Saab 9-5s to land in Wisconsin.

They’re spreading……

Be good to one another…

Avatar of Swade

by Swade

Day 1 in Boston

August 28, 2010 in Saabology

Howdy all,

Just a quick update on my travels here in Boston.

First thing – I absolutely love this town. After doing the morning updates here on the site, I took a quick driving tour with Pierre from Charles River Saab and I’m now really hoping to get a good look around on foot on Monday. I don’t know what it is about this city, but it has a very nice way of making a stranger feel at home. It’s classy without being big and brassy. My kind of place.

And there’s Saabs by the bucketload here, too. People had told me that before but it’s amazing once you get here. It’s a bit like driving around in Stockholm, actually, in terms of Saaby presence.

Here’s one example – four Saabs in the one photo….(click)

The 900 on the far left is actually Pierre’s and it’s superb! Goes like a train, but faster.

We stopped in town and met up for lunch with Dan De Vlieger from State of Nine. Dan has a warehouse out of town but actually runs the site from an office downtown. The building is an old stately home that’s been turned into office space and it’d be a very cool place to work – big entry rooms and common spaces before it peels off into a rabbit warren of corridors and stairways leading to the various offices. There is some magnificent timber panelling and leadlight windows in the main areas of the old home and you can only imagine the social engagements that must have been held there a century ago.

Apparently the original owners made their money selling shovels to the railroad companies when they were expanding. That’s a pretty humble way to amass the kind of fortune you’d have needed to build that place. I think this is the point where I’m supposed to say “only in America”.

Speaking of which…..

This doesn’t happen just in America, but it seems to be so prevalent here that I’m wondering if it isn’t enshrined in one of those amendments to the constitution that get quoted sometimes (I’ve checked, but it’s not there. I’d like to propose it as the 28th amendment and see if it can take longer than the 27th to get ratified (which took 203 years!!)). It feels like there’s an unofficial casual business uniform consisting of light tan pants and blue shirt. Blue sport jacket is optional, depending on weather. The adventurous ones might substitute a blue stripe shirt for the standard blue shirt. The appropriate shoe color for the uniform is brown.

OK, I’ll stop this, lest someone jump on my back about my own (distinct lack of) fashion sense once again.

Back to Dan…..

The three of us enjoyed a fantastic lunch and yes, waitress, the rib meat did fall off the bone. Tasty.

Being so far away, it’s always a rare treat to meet site sponsors face to face, and it was fantastic to spend some time talking with Dan about his business. There’s an abundant spirit of entrepreneurship all around the US. Much more so than in Australia, or at least in my Australia. Talking with Dan and hearing all the war stories from what’s been a pretty tough few years was quite inspiring and his company – like all the companies that sponsor SU – is one that I’m proud to have forged a relationship with.

——

From there, Pierre and I headed back to his workplace and I got to meet a bunch of the guys and girls at Charles River Saab.

CRS is one of the oldest Saab dealerships in the United States and the people who work there are really proud of where they work. If you ever meet Pierre, ask him what time he gets into the office and what time he leaves. Talk about passion and pride in your work.

They had one new Saab 9-5 in the yard but as you might expect, it had already been sold. They were waiting for four more to come in and I got the distinct impression that they wouldn’t mind having them there….. like…. yesterday.

I also had a good chat with Peter M, a looooong term Saab technician who’s spent plenty of time in Sweden over the years when he was a field engineer for Saab USA. He was working today on a clutch that had had a tougher life than Hunter S Thompson and about as enigmatic an ending, too.

I love the banners they’ve had made up at CRS, too. Nice work.

——

Tomorrow’s going to be a great day.

It’s kind of like Day 1 of Swedish Car Day, but by necessity it’s a limited event to begin with.

We start very early tomorrow morning with a drive to a track, where we’ll be doing a driver training session with a group of professional instructors from In Control.

……we will partner with In Control Advanced Driver Training to host a day of intense crash prevention instruction, highlighted by the use of Saab and Volvo cars. Besides the excellent In Control half-day course, which features instruction in ABS technique, steering (slalom), tailgating and emergency lane change maneuvers (think moose avoidance), we will also provide cornering technique instruction and an autocross.

The good parts – I not only get to drive in this one, but Eggs will be there as well!!!!

The track day is fully booked, with 16 participants attending.

After that, we head back to Charles River Saab for a casual reception – an open house meet and greet type thing. CRS will be firing up the BBQ to fill the spaces and everyone’s welcome to come on down, have a look around and say G’day.

The open house will be between 5pm and 7pm. If you’re in the area, then do please drop in. Personally, I want to say Hi to as many people as I can because I may not be back in these surrounds for a while and Sunday’s going to be crazy busy (we have record pre-registrations!!).

Avatar of Swade

by Swade

Spyker Semi-Annual report

August 27, 2010 in News

The full report, including financials, is available here.

——

SPYKER CARS N.V. (including SAAB AUTOMOBILE A.B.) REPORTS ITS SEMI-ANNUAL REPORT 2010

Saab manufacturing restarted and now fully operational.
New Saab 9-5 launched. Saab sales picking up. Firm liquidity.

Zeewolde, the Netherlands, 27 August 2010 – Spyker Cars N.V. (“the Group”), a holding company that owns subsidiaries which produce and sell premium automobiles under the Saab and Spyker brands, today announced its results for the first half year of 2010. The Group is listed on NYSE Euronext Amsterdam (ticker symbol SPYKR).

Corporate Development Highlights First Half Year 2010

  • 23 February 2010 – The Group closed agreement to purchase Saab Automobile AB (“Saab”) from General Motors Company (“General Motors or GM”) for $74 million in cash and $326 million in redeemable preference shares (“RPSs”)
  • Secured € 400 million loan facility from the European Investment Bank (“EIB”), guaranteed by the Swedish Government
  • 31 May 2010 – The Group closed acquisition of Saab Great Britain Ltd. (“Saab GB”), the Saab distributor for the UK
  • 5 July 2010 – Early payment of final instalment ($ 24 million) of Saab purchase price to General Motors for Saab

Operational Highlights First Half Year 2010

  • Saab manufacturing restarted in late March, and now fully operational
  • Global Saab controlled distribution network in place covering 50 countries worldwide
  • Wholesale and retail financing secured through agreements with GMAC, Santander Consumer Bank, Banco Cetelem
  • Global launch of the all new and highly acclaimed Saab 9-5 in May through July
  • All Saab operational activities now centralised in Trollhättan, Sweden

Financial Highlights First Half Year 2010

  • First half year sales of € 243 million (1)
  • Saab sold 10,500 vehicles in first half calendar year 2010 (first half calendar year 2009: 24,300)
  • EBIT of € (109) million
  • Cash from operations amounted to € (24) million
  • Total liquidity of € 546 million, comprising net cash of € 280 million and undrawn EIB facilities of € 266 million
  • Negative equity of € (126) million does not necessitate the Group to recapitalize by means of a share issue or similar financial instruments
  • Financial performance in line or above Saab business plan

“In just a few months we have delivered several critical operational milestones ranging from restarting our manufacturing and product development to rebuilding our distribution network and undertaking the global launch of the all new Saab 9-5 model, which was extremely well received. The support from our employees, dealers, customers, suppliers and other business partners has been overwhelming during this difficult period” said Jan Åke Jonsson, President & CEO of Saab.

Read the rest of this entry →

Avatar of Swade

by Swade

Saab reliability ratings from Germany

August 27, 2010 in Saabology

I wrote about Saab 9-5 reviews a few days ago and in that post, I wrote the following:

“Saab’s reliability also needs to improve” – I’ll challenge that in a post coming soon and I’d love to see WhatCar to back up their statement with facts.

This is the post I was referring to.

Given the language constraints, I’m not totally up to speed with what these ratings represent. But from what I can tell, they combine two separate reliability surveys, one by DEKRA and another by TUV. They are published by ADAC-Automarxx, which is effectively the German Automobile Association.

We covered the 2008 ratings back in the Trollhattan Saab days. These are the latest tables, compiled in June 2010. I’ve got three tables to share. The first of these is for vehicles with up to 50,000kms on the odometer.

Click to enlarge.

You can’t do any better than that, can you?

The second table is for vehicles with between 50,000km and 100,000km on the odometer…. click.

OK, so they can do better there as they’re only in second place on that table.

Finally, a table ranking all brands across the various ranges and vehicle classes. Click.

So, across all applicable ranges, Saab are placed in the top four in the very tough German market. (There were no Saab rankings for vehicles 100-150K).

English publications seem to be giving the Saab 9-5 low marks for perceived reliability (I say perceived as this is a brand new car, so how can they tell?) when the data seems to point that Saab is quite possibly at the other end of the reliability table.

Saab did have some reliability issues when the Saab 9-3 SS range was a few years old. But that was 3 or 4 years ago. Saab’s ratings have consistently climbed the tables ever since – both in this German survey and US-based surveys as well.

I’m not sure what data the English are relying on, but it definitely seems at odds with other recent data. I think they should spell out the reasons for their ratings if they’re going to pan the 9-5 for it. People are relying on reading these road tests and Saab are relying on the road tests being accurate, too.

If they can back it up, then fair enough. But this data seems pretty conclusive to me.

——

With thanks to the guys at Saab Club Polska for the tables.

Avatar of Swade

by Swade

Reuters: Spyker financial news

August 27, 2010 in News

In short – this is all pretty expected. The only variations from expectations are mentioned by Jan-Ake Jonsson near the bottom.

About the debt issue, which TTAC have typically made a big issue out of, this is just an accounting issue. Spyker’s ‘debt’ levels insofar as the Saab deal is concerned, are the same as when they bought Saab back in February. GM has a chunk of preference shares in the new operation, which are technically ‘debt’ rather than active equity, which is why GM don’t have a say in how Saab and Spyker are operated. That’s the simple version.

As Victor Muller mentions at the bottom, it’s just an accounting issue.

——

AMSTERDAM, Aug 27 (Reuters) – Spyker (SPYKR.AS), the loss-making Dutch sports car maker that acquired Saab from GM earlier this year, posted another loss on Friday, trimmed Saab’s sales targets and said it would lose money through next year.

Shares plunged 10.4 percent in early trading, leading all Amsterdam decliners, as the company acknowledged it may have been too optimistic on Saab’s earlier targets. The stock has lost two-thirds of its value since Spyker announced the deal to buy Saab in January.

But Spyker Chief Executive Victor Muller said the company had sufficient liquidity and would not have to recapitalise despite reporting negative shareholders’ equity.

Spyker, a money-losing manufacturer that produced a handful of high-end sports cars annually, stunned markets when it launched its bid for Saab. While it pulled off the deal, its complicated financing has raised questions about whether it can sustain itself while it turns the Swedish brand around.

The company said on Friday it had net cash of 280 million euros and undrawn facilities of 266 million euros from a European Investment Bank loan. Together, Muller said that would carry the company through to its 2012 profitability target.

‘LITTLE BIT OPTIMISTIC’

Spyker posted a loss of 139.1 million euros ($177.2 million) on sales of 243.1 million euros. The company did not provide year-earlier comparisons.

Spyker said its near-term sales goal for Saab is 45,000 units this year. For 2011 it forecast sales of 80,000 units and it kept a long-term goal for sales of 120,000 cars per year.

Saab CEO Jan Ake Jonsson said last month he was confident it could reach a goal of selling 45,000 to 50,000 cars this year.

“Maybe we were a little bit optimistic” about the high end of the range, Jonsson told reporters, adding that Saab’s restart when it came out of liquidation took longer than expected.

Jonsson added he was optimistic about the newly launched Saab 9-5, which is just now arriving in the United States and ramping up in Europe after the summer holidays. He said it would take about a month to get a sense of how the car was performing.

The loss was published two days after the group said its debts had become larger than its assets. Muller said the issue was purely an accounting one, having to do with the way certain items are classified under international rules as opposed to Swedish accounting standards.

He also said Spyker was still pursuing a second share listing in Stockholm, though it could eventually consider de-listing from Amsterdam as well.

Avatar of Swade

by Swade

Greetings from Boston

August 27, 2010 in Troll Stuff

Hi.

I need a shower. And some sleep. And a shave.

Behave while I’m snoozing please. And thanks to Eggs for his janitorial duties while I was up on the air. Very appropriately handled. Seeya soon, big fella.

Just checking in, that’s all. Will write properly tomorrow.

——

Speaking of tomorrow, I believe Spyker might be releasing some sort of Annual Report type thing.

Should be newsworthy. hopefully I’ll be adequately connected, but these roadtrips involve a lot of …. well …. being on the road, so please assist if I’m missing it.

—–

A good friend of mine just bought this. He’s very happy.

Avatar of Swade

by Swade

A Saab Family affair

August 26, 2010 in Saabology

This is my favourite post of the month. I just love Saab Stories like this. Saab Pride at its best.

——

Before you read this post, please have a look at the following photo.

If you’re not familiar with that car, which I photographed at the Saab Festival in July 2010, then you need to click here and read the story behind it. It’s a very impressive story about a young guy named Jacob – shown with Erik Carlsson in that photo – (re)building his first car.

Done with that?

OK.

Jacob has just bought a VW Van and is travelling around Europe with some friends. The impending journey was a good excuse for a family get together, so whilst they were all there in the one place, they thought it a good idea to pose for a family photo.

I’ll let Jacob’s father, Hans, take it from here…..

——

All our old family Saabs and their owners were gathered to a dinner and a photo session.

My father and mother (87 and 85 years) bought their first Saab 96 TT in 1963 and ever since then they have driven all the models right up to my fathers retirement 21 years ago – when he bought a second hand 9000i. Now, after 350.000km, they still use it as a car for every day use.

My daughter Tine (21) restored my father’s Saab 900, a 1980 model, when she got her licence 3 years ago. We had kept the car in a garage for 7 years and now the “next generation” is ready to be transported safe in the same car – That car drove my parents, me, my wife – and our daughter – when she was born.

The blue 96 from 1970 was bought as a rusty and worn out car in 1976. It was then rebuilt and used for 400,000 km before it was taken apart, welded and galvanised and sold to a good friend. Then, after 4 years it came back and was sold to our neighbour son, and then after 5 years we mounted with Bosch K-jet and a Ström 1.85 l engine – all in all more than 800,000 km.

The black Aero 900 from 1985 has been my wife’s Saab for nearly 20 years, now with 670.000 km. It was driven down by a Volvo truck once, had a new front added on and then a decade later it turned over in a winter storm ferry tour, between two four wheeler Land Cruisers, becoming 2” narrower in the cabin and a bit higher! We brought it back with a little hydraulic work and some new paint.

The yellow Sonett, from 1971 was a US import 22 years ago, all taken apart sandblasted, hot galvanised and rebuilt. It was then used as daily car for 10 years, doing winter with snow, rain and salty roads! No problems at all. Then used twice for tour Norway and Nordcap in 1997 the 50 years anniversary for Saab, and again at 2007 the 60 years anniversary. It now has a 1.85 Ström engine and K-jet and special gear – crown- and pinion wheel 9:38, produced in Denmark.

And the brown Saab 92b -1953, you know, belongs to the happy handy man – Jacob (19).

The ‘new’ 9-5 Aero, 2001 – with only 250.000 km is still to get a real family story after only 6 years as my private car.

This is how we try to raise our family in Denmark, service them, rebuild if needed, but keep them running and keep them alive, by using every day as a new adventure.

68 visitors online now
51 guests, 17 members
Max visitors today: 82 at 02:17 pm CET
This month: 336 at 01-03-2012 03:25 pm CET
This year: 336 at 01-03-2012 03:25 pm CET
All time: 509 at 12-06-2011 09:07 pm CET