You are browsing the archive for 2011 June.

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by Red J

9-5 SC news for the US market (Updated)

June 30, 2011 in News

The internet is a fantastic invention, in 1992 you were able to see if the guys from a British University had enough Coffee in the Trojan room of coffee.

Today somebody has left a back-door open and somebody else has found a 9-5SC catalogue for the US market, albeit without prices.

The guys from Saabworld have put it in the public domain, so it should be OK if I talk about it.

The Brochure of the Saab 9-5 SC MY 12 can be downloaded from the SaabUSA site.

This is the most important page of that catalogue.

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by Rune

IF Metall: Issues written invitation to PM and meets with Antonov (Updated with news of Muller)

June 30, 2011 in News

TTela continues to keep close vigil on all things related to Saab and today features no less than two three articles concerning one of the biggest unions organizing Saab employees. UPDATE at the end.
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Avatar of TimR

by TimR

Unions: Bankruptcy no longer an issue

June 30, 2011 in News

Dagens Industri (original article here):
The Unions are feeling a great relief that Saab has payed out the salaries for the month of June and are now withdrawing their threat of bankruptcy. The carmaker hopes to start production within two weeks. Read the rest of this entry →
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by Red J

Antonov hasn’t been approved by the Swedish Government yet

June 30, 2011 in News

Ttela.se says that the Swedish government will approve Antonov as owner of Saab in a few days.

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Avatar of TimR

by TimR

New Servers

June 30, 2011 in News

While we’re waiting for more information from Saab, I can share some good news from SaabsUnited. Due to the extreme amounts of visitors we have had during the past weeks the server we use now has crashed on a number of occasions.

So today we have placed an order for two new Intel servers. They will be placed on different locations geographically and back up each other continuously. If one server would go down the other one can take over right away.

The servers will be run with:

  • Intel 3,8 GHz over-clocked QuadCore i7 2600K processors.
  • 4 Tb divided on two RAID Hard-drives
  • 8 Gb of RAM

When these servers will go up the website will probably need to be closed down for a day or two.

Avatar of Red J

by Red J

Jan Åke Jonsson supports Nils Liedholm Cup

June 30, 2011 in News

Feature: Saab Automobile supports 2011 Nils Liedholm Cup

Trollhättan, Sweden: Saab Automobile will support the Nils Liedholm Cup this year through a personal donation by recently retired CEO Jan Åke Jonsson. The Nils Liedholm Cup is an annual Swedish youth football tournament for boys and girls between 13 and 16 years of age, with this year’s edition starting on June 30. The tournament, named after Swedish football legend Nils Liedholm, is held in Valdemarsvik, a town around 200 km south of Stockholm on the Swedish east coast.

A young Jan Åke Jonsson (second from left) and two friends meet with Swedish football legend Nils Liedholm (right).


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E24/SvD Näringsliv: “Swedish NDO irritates EIB”

June 30, 2011 in News

Original post here: Riksgälden retar upp EIB.

E24/SvD Näringsliv reporter Jonas Fröberg (according to my personal opinion a rather fair and good journalist which writes well about the automotive industry) have made an interesting analysis of the situation with Saab.

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by TimR

Eva Srejber quits…

June 30, 2011 in News

Dagens Industri (original article here):

In the middle of the drama happening around Saab, Eva Srejber, vice president of the European Investment Bank EIB is leaving her post. She plays a key role in the matter, and it is unclear what her leaving might mean for Saab.

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Avatar of TimR

by TimR

Saab NOT sponsoring Tennis Event

June 30, 2011 in Uncategorized

For 25 years, Saab has been the main sponsor of the world tennis event in Båstad. Not this year, not too surprising in my mind considering that they have issues that are far more important to spend money on. They will do one thing though and that is to drive the players and other staff between the hotels and courts and to be honest, I think this is a good thing. I quote Magnus Hansson in the interview he did with me: “The best way to sell a Saab is for the customer to drive a Saab”, well in this case they at least get to ride a Saab and that might be good enough to get them interested.

Avatar of Rune

by Rune

EUR 25 Million Convertible Bridge Loan: *SALARIES PAID*

June 29, 2011 in News

Press release: Swedish Automobile Enters Into EUR 25 Million Convertible Bridge Loan With Gemini Securing Additional Short-Term Funding And Pays Employee’s Wages

Trollhättan, Sweden: Swedish Automobile N.V. (SWAN) announces that it entered into a EUR 25 million convertible bridge loan agreement with Gemini Investment Fund Limited (Gemini), thereby securing additional short-term funding.

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Avatar of Red J

by Red J

Saab employees have been paid

June 29, 2011 in News

Saab received today the money from the unknown Chinese company that bought 582 cars over the last weekend.

- We have received money and pressed the button for payment. The money should be on the employee’s account today, or tomorrow at the latest, depending on banks’ management, says Ms Gustav on Saab’s information department.

Source: TTela.se

Avatar of TimR

by TimR

More pressure on Fredrik Reinfeldt

June 29, 2011 in News

The chamber of Commerce & Industry in West-Sweden is criticizing prime-minister Fredrik Reinfeldt for his lack of commitment in enterprise located in west-sweden.

Finn Johansson and Anders Källström from the Chamber expressed their surprise in a letter to him when he refused to attend a meeting he was invited to in Trollhättan by the Unions of SAAB.

TTELA reports the following on this matter (original article here):

- GM has approved Antonov. The NDO has approved Antonov. But the government slams on the brakes. WHY? That is the question I would like an answer to from the government. Say the CEO of the West-Swedish Chamber of Commerce Johan Trouvé.

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Avatar of TimR

by TimR

Collin: Total lack of knowledge

June 29, 2011 in News

Aftonbladets Robert Collin (original article here):

“Yesterday prime minister Fredrik Reinfeldt said many strange things about Saab in the radio show “Dagens Eko”. Strange and counteracting statements that all based on a total lack of knowledge.

He said that Vladimir Antonov could not be let into Saab until his background had been thoroughly checked. But does not Reinfeldt know that the National Debt Office has, on the request of the Government, already checked and approved Antonov over two months ago?
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Avatar of Jeff

by Jeff

A Possible Route For Antonov’s Entry – Through GM

June 29, 2011 in News

Update: According to svd.se, Vladimir Antonov will give a press briefing about the situation tomorrow morning, June 30.

I put this as an update to Rune’s post earlier, but it got so big I figured I’d just give it a new post.

According to Dagens Industri, Antonov will take ownership of GM convertible (lost in translation: redeemable preference?) shares. The value of this is reported to be 2.3 billion SEK (about €248 million), but GM is offering Antonov a substantial discount– between 800 and 900 million SEK (€86-97 million).

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Avatar of Rune

by Rune

GM approved Antonov a long time ago — Swedish government caught unaware

June 28, 2011 in News

First a tip of the hat to our friends over at SAABLOG-In who covered the recent statements made by the representative of one of the largest unions among Saab’s workers.

According to various sources knowledgeable, there is no doubt about the approval by GM of Vladimir Antonov. We demand so aggressively that the government and GM put pressure on the EIB to allow Mr Antonov able to return to the capital of Saab.

– Mr Stefan Löfven, Chairman of IF Metall

Meanwhile, the prime minister claims that it is left up to NDO to approve Antonov. A statement which is not met with favorable words from Carlström, the Swedish spokesperson for Antonov.

NDO approved Antonov eight weeks ago

– Lars Carlström

TTela reports the prime minister will turn against anyone who wants to short-circuit the approval process of Antonov.

Personally I would like to see the PM fight as hard to keep jobs. I have never before seen a politician so keen to look a gift horse in the mouth (or other orifices of the body). In my opinion, the government should reimburse Saab for the costs of this delay. If they want to stay out of running an automobile manufacturer as they say, then they should not meddle in the ownership question in the first place.

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