Sobering Chinese News Snippets

Both recommended reads and both show just how complicated getting past the NDRC is going to be for Saab in China. The first is an analysis from Reuters, and while it cites many skeptical sources, it ends by landing on the hope that BAIC might be the company given the NDRC’s official blessing.

The second comes from Caixin Online (and brought to us through CBS MarketWatch) which spells out a little more clearly and backs up SvD’s claims that Youngman might be the chosen one. I’m not going to comment much on them but to say that Saab clearly has a lot of work to do to get their Chinese joint operation with Pang Da up and running, and I’m confident that the executive teams of both Spyker and Pang Da know what they need to do to get there.

Red J
Member
5 years 3 months ago

It is not an easy lecture, but for me CBS and Reuters are reading tea leaves once again.
Reuters is just saying that the Chinese government won’t allow to build Saabs in China because they want to consolidate their own car industry (doesn’t make sense to me).
The one from Caixin is even worse, but maybe only to me, because I don’t believe that the Toyota/VW way is the only feasible.

Bravada from GMI
Member
5 years 3 months ago
I am thinking you are reading more negativity into it than there is. The issue is simple – NRDC will quietly and gently prod the automakers, Saab and Pang Da to get together. Probably we will see BAIC ending up getting financially involved in Saab for fear of losing competitive edge, and taking on Hawtai to secure the diesel engines and marry both automaker’s premium ambitions under the Saab brand. I do believe VM will play a role here to broker the whole deal. Mr. Pang is very right in saying that the 9-5 seems tailor-made for the Chinese market.… Read more »
74StingSaab
Member
5 years 3 months ago

As if this is earth shattering. After the last 2+ years we can take anything. 😉

Griffin up for the weekend….

Daniel G
Member
5 years 3 months ago

Yes, after GM “closed” Saab in December 2009 I am immune… 😉

saabdog
Member
5 years 3 months ago

Hey, CBS and Reuters, save the drama for your mama. After what the Saab community has been through over the past couple of years you’re gonna have to do better than that to rattle us. How about growing a pair and do some real reporting…and that goes for the rest of the cry baby media supposedly “reporting” about Saab.

74StingSaab
Member
5 years 3 months ago

well OK then….. 🙂

Uddo
Member
5 years 3 months ago

More on this subject from Automotive News

http://www.autonewschina.com/en/index.asp

SAAB_Andee
Member
5 years 3 months ago

Yes and where are the news. Nothing new to say – already things we know and it´s silly to talk about the same things every two days.
They even started the approval process , haven´t selected a manufacturer yet. SAAB and Pang Da stated that the process will take about two months.

And the hummer deal failed because the chinese government wanted no gas bruzzeling old technology (they look at environmentfriendly tech ideal for SAAB).
I don´t know why those analysts get paid for these reports.

jim
Member
5 years 3 months ago

It is bizarre that the Chinese government thinks they are responsible to make these private decisions and arrange Saab’s future. But whatever.

mnztr
Member
5 years 3 months ago

Jim, you mean like how the US govt decided on GM and Chycos fate and arranged a shotgun wedding with FIAT? Govts often intervene. Pang Da and SAAB have always said manufacturing will come under a joint venture. So I think BAIC will have the inside track there.

wpDiscuz