Does She Look Fat to You?


Seriously folks, the game isn’t even remotely close to being over. As Swade said on his blog, he (and I’m sure many others) isn’t throwing in the towel anytime soon. Victor Muller as reported is in the US tonight trying to iron out a quick solution. Both of the links covered here were reported in comments earlier, but for anyone not patient enough to wade through them, I’m putting them up on the main page.

According to Swedish Radio who got in touch with CIO Eric Geers, this whole situation boils down to putting too much faith in the deal with Hemfosa coming through in time.

“We still had the feeling that we could come into port with a business, we tried to get out of the payment on time but now was not the case,” he says.

He adds that Victor Muller is in fact meeting with GM among other companies, and wouldn’t speculate on a timeframe to complete a deal. Obviously Victor knows what timeframe he’s operating with. We’ve heard of short term, medium term, and long term financing– this is very very short term.
Speaking of Hemfosa, TTela reports now that the remaining legal loopholes will continue to be tied up over the weekend, but that with several postponements already there’s no set time frame for the property sale to be completed.
turbokalle
Member
5 years 3 months ago

GerritN, thanks for bringing that picture up again 🙂 Brings back old memories :p

RS
Member
5 years 3 months ago

+1
As the midsummer weather ‘could be somewhat sweeter ‘ around here it’s better/safer to get waisted indoors reading SU :p

PS. If anyone needs some calming down music I recommend to click here for some excellent cover guitaring of a classic tune.

Tripod
Member
5 years 3 months ago

Thanks, needed that (btw: great cover).

Tripod
Member
5 years 3 months ago

The comments from the readers of the Swedish media, news papers and radio, have been really depressing today. Usually they don’t know much, so most of them are easily ignored, but there is so much hatred against the brand, the owners, everything related to the company. Several comments are libellous; it’s not like they loved the company but dislike the recent events; they simply hate it.
Sad; I’m happy that Saab’s customers abroad doesn’t have to read such comments.

Khrisdk
Member
5 years 3 months ago

Just back from our Midsummer celebrations in Denmark.
Fires along the coast, and a lot of pyrotechnics going on.
Nice ride in the Saab and great views.

And thank you for the music. and the nice picture.

At the moment I am still fluxing between depression and optimism, with a couple of Hieronymus Bosch and William Blake flashes coming up at times.

“Yes, there are two paths you can go by, but in the long run
There’s still time to change the road you’re on”

Depression and Optimism

The optimist will probably win as I catch my breath, Keep Calm and Carry On 😉

GerritN
Member
5 years 3 months ago

I stashed her away last year for when Saab would need her again….

Toby K
Member
5 years 3 months ago

Damn fine pic…nice music too-makes you want to go on a midnight drive. Saw about fifteen Saabs on the drive over to MK from Oxford tonight…2x 11 plates too (brand new)…they are starting to become a feature on the UK roads especially the 9-3SC they looked amazing…this company must be saved.

GML
Member
5 years 3 months ago

I’m starting to wonder if Saab wasn’t better off with GM. I wonder if VM is going to try to get them to buy a stake in the company again. It would be risky for GM and probably bad press, but Saab does have a very promising portfolio.

OliverH
Member
5 years 3 months ago

Better Saab than OPEL in portfolio (lean processes, agility,..). Saab could play again a good role as a pathfinder, “prototype garage”, innovative company. Saab needs some goods in shelf to make a good car of this parts (engine choices should be more independent). Also it needs a network for distribution. Otherwise good volumes are not possible in time. And this volumes need to be 100k+

jelger
Member
5 years 3 months ago

@GML: GM was winding Saab down when VM stepped in. If not for VM, Saab would already have been buried for a year.

zippy
Member
5 years 3 months ago

My head hurts!! 🙁

OliverH
Member
5 years 3 months ago

But some had it’s “fun” in independancy. They need some baked up partners with some free minds..
Not the same “partnership” as in the past. Engineering, innovations, strange stuff 😉

74StingSaab
Member
5 years 3 months ago

+1

coggs
Member
5 years 3 months ago

If GM buys back Saab and the “Independence Edition” 9-3 convertible I have on order eventually gets built – will it be renamed the “Repentance Edition”?

MK
Member
5 years 3 months ago

Maybe VM is in US to talking with GM and try to make them agree Antonov?

Just a thought that came to me ..

Mark O
Member
5 years 3 months ago

Swedish girls sure are pretty. ;”)

Toby K
Member
5 years 3 months ago

Is she Swedish?? I do like stuff from Sweden.

Saab.
Pepperkakor
Victoria Silvestedt

Mark O
Member
5 years 3 months ago

Toby, I really have no idea. She could be Swedish or she could be from California. Just trying to make light of what has been a surreal ride.

If Saab would just get some positive support from those who can facilitate its success, or at least get out of the way, the future I believe is very bright. But some just seem determined to exterminate the brand by putting up road block after road block.

I have no understanding of how Saab is not considered a national treasure in Sweden.

74StingSaab
Member
5 years 3 months ago

Oh silly people, can’t you tell she’s from West Virginia?

Niklas G
Member
5 years 3 months ago
This is tough times indeed, but remember that VM and many other hard working people at Saab has performed miracles before and with all the training they have got during the last tough years they are getting more experienced in doing the impossible every day. Which brings me to another tough and famous guy from Trollhättan. His name is Rune Larsson, probably as unknown on a car forum as he is famous in the ultra marathon and advenrurer community, but there is very strong connections to the famous Saab spirit there. The Last time I met him IRL he was… Read more »
Niklas G
Member
5 years 3 months ago

Oh, here’s a better link to articles in English about some of his achievements and adventures (like rowing accross the Atlantic Ocean). Still no Saab contents, just the same positive spirit and made in Trollhättan, but in my opinion very nice reading, well worth spending the time with while waiting for news from Saab. =)

Johnaaj
Member
5 years 3 months ago

TTELA reports that the deal on sellig the property is 99% in place and that money should be in place early next week:
http://ttela.se/ekonomi/saab/1.1263707-fastighetsaffaren-i-princip-i-hamn-uppgifter-till-ttela

This company is a stayer!

– John, Oslo, Norway

spacy
Guest
5 years 3 months ago

We will fight them on the Beeches………,

We will fight them in the Air……………….

We will Fight them on the water, and

……..the bailiffs are not welcome here.

‘NEVER GIVE UP… NEVER’

OurMoldySaab
Member
5 years 3 months ago
Did VM ever get paid that bonus of his? I would hope not considering the current situation. Otherwise, it would speak louder than his words to use it to pay the employees. BTW, BS is at it again at TTAC. It’s funny how easy it is for me to tell who the author is of a Saab article just by reading the first two lines. If it’s trying to report some facts while trying to say it’s time for Saab to go belly up, it’s Ed. If it’s some smart ass, vindictive portrayal of some event, demanding the death of… Read more »
USAaber
Member
5 years 3 months ago

Nooo…. she doesn’t…..

100%Saab
Member
5 years 3 months ago

The whole idea is to stay on the horse.

GM is in a much better financial state now and they are a shareholder in Saab. So, let’s just get back to making cars.

Just a thought.

Mark
Member
5 years 3 months ago

If you’re really feeling depressed try this one

Mark
Member
5 years 3 months ago

This one’s probably better though!

Börjesson
Member
5 years 3 months ago
“We’re no car people” Real estate company Hemfosa leads a consortium of interested parties who are negotiating with Saab about buying the company Saab Property, which includes the factory building. This would give Saab a vital cash infusion of up to SEK 300 million, and result in them leasing space in the factory. CEO of Hemfosa is Jens Engvall, who explains to Dagens Industri why the deal is dragging on. – It’s a difficult matter and we need to assess how likely it is that Saab survives for a reasonable length of time. We also need to understand the rest,… Read more »
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