Notes from Saab/BMW press conference

Following are my Twitter notes from the press conference and question time today, in relation to the Saab/BMW engine supply agreement.

Important: These tweets are in reverse chronological order, so start at the bottom and read up.

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It’s the engine that’s in the MINI currently on the streets. – BMW guy
half a minute ago via Chromed Bird

BMW guy – a step along strategic journey. See Saab as a manufacturer of reasonable volume, step up from the low volume they’ve doing so far
less than a minute ago via Chromed Bird

“One of the most important milestones since we acquired the company, and in past years” – VM
3 minutes ago via Chromed Bird

VM – BMW and Saab have pretty different customers (except Richo….)
3 minutes ago via Chromed Bird

VM – talking brand DNA. Bringing it back. Responsible performance, turbo. BMW is a partner that can help achieve that objective
3 minutes ago via Chromed Bird

Saab’s volumes don’t make it affordable to manufcture their own engines now.
4 minutes ago via Chromed Bird

…..this opportunity to select what they want
5 minutes ago via Chromed Bird

JAJ – this is a step in migrating away from GM. But GM still provide good stuff, 9-5 is an outstanding package, but they’re using ….
5 minutes ago via Chromed Bird

BMW aiming to push the envelope with performance and sustainability which is why Saab chose this engine (BMW dude)
7 minutes ago via Chromed Bird

Customers want performance and green solutions. BMW perfect for this (JAJ)
9 minutes ago via Chromed Bird

Prospective output…Will have discussion as to what sort of performance they want to deliver with the 9-3
9 minutes ago via Chromed Bird

….answering in Swedish again…..
11 minutes ago via Chromed Bird

………. damn silent questions…….
11 minutes ago via Chromed Bird

Too early to put a number on the number of engines they’ll be buying, but several hundred-thousand over the life cycle of the new 9-3
12 minutes ago via Chromed Bird

BMW guy – he’s talking and it sounds like Saab will benefit from stop-start stuff associated with this engine (not completely sure on that)
13 minutes ago via Chromed Bird

VM: BMW are #1 premium carmaker in the world. Saab will benefit by association as well as getting good engine
14 minutes ago via Chromed Bird

VM – We’re going to take positions to shape our own future and don’t rely on others to take those decisions
15 minutes ago via Chromed Bird

Q: Can we afford this? A: Business plan is fully funded and new 9-3 is part of that plan
16 minutes ago via Chromed Bird

Is this agreement part of reducing dependence on GM. Answer – it’s about getting the right engines more than dependence.
17 minutes ago via Chromed Bird

Answering in Swedish – poop! English, Jan-Ake, English!!!
20 minutes ago via Chromed Bird

Questions will be followed by short interview session
21 minutes ago via Chromed Bird

Question time now……
21 minutes ago via Chromed Bird

Still too early to tell what will happen with Saab 92.
21 minutes ago via Chromed Bird

You will be able recognise the next Saab 9-3 as a new Saab even if it had no badges on it
22 minutes ago via Chromed Bird

Represents confirmation in the market that Saab is here to stay
23 minutes ago via Chromed Bird

Saab has achieved a lot in 7 months. Bursting at the seams
23 minutes ago via Chromed Bird

“A landmark” – only 7 months into owning Saab and we have a deal with one of the best premium marques. Very proud.
23 minutes ago via Chromed Bird

Talking about the perfect storm again. Should just hand out the DVD
24 minutes ago via Chromed Bird

Had a wonderful time doing this deal
25 minutes ago via Chromed Bird

VM up now.
25 minutes ago via Chromed Bird

Wishes Saab every success as it’s good for BMW too.
25 minutes ago via Chromed Bird

Exploring other opportunities between BMW and Saab
25 minutes ago via Chromed Bird

200hp engine and award winning piece. To be manufactured at Hams Hall in UK
26 minutes ago via Chromed Bird

“We share passionate customers who care about vehicles and powertrains”
26 minutes ago via Chromed Bird

Part of BMW long term plan to sell tech.
27 minutes ago via Chromed Bird

Wet in Munich. Sunny in THN. yeah.
28 minutes ago via Chromed Bird

BMW guy up and talking now…..
28 minutes ago via Chromed Bird

Exploring other things with BMW but not ready to talk about those yet.
29 minutes ago via Chromed Bird

Doing feasibility for BioPower.
29 minutes ago via Chromed Bird

BMW engine Expected to deliver around 200hp
30 minutes ago via Chromed Bird

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