You are browsing the archive for 2011 July.

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by TimR

BREAKING NEWS: EIB Confirms Antonov would never have been approved

July 28, 2011 in News

BREAKING NEWS:

The EIB have now confirmed that they informed the government in 2009 that one of the conditions of the loan towards SAAB were that Vladimir Antonov was never to become a share holder in Saab! This effectively means that the Swedish Government has not told the truth to Saab and that Vladimir Antonov have wasted a huge amount of time and money on something that would never have happened anyway! Read the rest of this entry →

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by Jeff

Saab, Youngman and Pang Da to Sumbit Plan to NDRC within 30 days

July 28, 2011 in News

This news coming to us from China Car Times, who report that the plan while not public yet will be submitted to China’s National Development and Reform Commission (NDRC) within the next 30 days. The NDRC as you recall oversees all overseas investments totaling over $100 million USD and approves or shoots down plans for major business developments in the Chinese market.

According to CCT, the three way joint venture will be majority controlled by Youngman with 34% and Saab and Pangda each taking 33%, and the board of directors will be made of up 5 people with 2 coming from Saab, 1 from Youngman and 1 Pangda representative making it to the table (leaving room for one outsider, Antonov perhaps?).

While this is light on new news, it gives us a good sense of whether or not Saab is sticking to its timeline for a mid September regulatory approval. With this bit of news, it seems like that is indeed still on track.

Thanks to Silas for the tip! Keep sending links to our email!

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by TimR

This is what its all about!

July 28, 2011 in News

Today is a bit short on news regarding Saab, basically the same stuff that happened yesterday that is being re-printed so today I’m taking the opportunity to post about something I really love! The new 9-5! I have had these photos for a couple of months now and dug them up yesterday when me and Carl-Henrik were talking about potential cars for him! This one is really beauty!

It is a 9-5 Sedan from 2011, JAVA, 2,0 Turbo4 with absolutely everything in it!

Read the rest of this entry →

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by Red J

I thought it was frustration

July 28, 2011 in Editorial

Some weeks ago the amount of bad news on Saab reached a level where many used this platform for venting their frustration. It felt just right that people used different targets for their frustration. Some used the Swedish government, others the EIB, and some the Saab management, specially Victor Muller.

But the weeks have passed by, and the situation at Saab hasn’t changed that much, so I thought that most of the readers here at SaabsUnited had understood the situation at Saab, that they had learned which constraints are keeping Saab in the current situation, and that the management are working to get things sorted out.

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by RobinM

Morries Saab’s first ever Swap Meet & Car Show

July 27, 2011 in News

A few weeks ago Morries Saab had their first ever Saab Swap Meet & Car Show which took place on July 9th, 2011.
Everybody was welcome and quite a few of you took along your Saabs and Saab Related items!
Anna from Morries Saab has sent us a write up about the event and a few photo’s which can be found on my Flickr Site

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by Jeff

SaabsUnited’s Call For Creative Professionals

July 27, 2011 in Contests

I’ve hinted at it for weeks now, and we’re nearly ready to make our official announcement about the SaabsUnited Media Campaign Contest. While I can’t reveal too much just yet, I can tell you that it should go a long way toward giving us something constructive to focus our attention on rather than the day to day struggles Saab is digging out from under. If you believe that Saab has a future and you want to contribute to it, then you’re going to want to be a part of this event.
Read the rest of this entry →

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by TimR

Ending the day with a good story! =)

July 27, 2011 in Uncategorized

We got a tip today from skwdenyer, about a very nice story and I thought that after all the bad stuff that has been happening this would be nice way to end the day =)

mlive.com (original article here)

GRAND RAPIDS — Debt collectors are knocking on Saab Automotive’s door in Europe, and its white-collar workers may not be getting paid, but its only West Michigan dealership is optimistic the Swedish car maker will “get it together.”
Despite the company halting production in April, the local Saab dealer is not worried about a collapse.
“Were anticipating they are going to work through it,” said Fox Motors division director Pete Ricards, who oversees Fox Saab, 3060 Broadmoor Ave. SE. Read the rest of this entry →

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by TimR

It just keeps on coming…

July 27, 2011 in News

DI.se (original article here):

Wednesday, Saab was issued new notices of almost 60 million SEK by the Swedish Enforcement Agency. The company now has 10 days to argue against the demands otherwise the amount will go to forced removal of resources from the company.

“In total it is about 15 cases that have been registered today”. Say Christina Lindberg at the Enforcement Agency office in Uddevalla not far from Trollhättan to Di.se Read the rest of this entry →

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by TimR

40 million in two weeks

July 27, 2011 in News

Aftonbladet.se (original article here):

40 million in two weeks. That is what Saab needs to come up with – otherwise the unions must demand the company to bankruptcy. That threat is approaching. After todays announcement that the “white collars” will not be payed, the union “Unionen” is pushing the company and send them a payment-notise. Read the rest of this entry →

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by TimR

Large part of Koenigsegg for sale

July 27, 2011 in News

Affarsvarlden.se:

The former proposed buyer of Saab has its own problems with financing. A Korean owner has been placed in bankruptcy and all of its shares in the sportscar-maker is now for sale. Read the rest of this entry →

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by TimR

How would you help Saab?

July 27, 2011 in News

If worst comes to worst and Saab declares bankruptcy, how would you act? What would you be willing to do? Perhaps buy one of the last built Saabs? Buy spare parts? There is a lot of stuff sitting around at different suppliers…

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by TimR

Victor will meet with Chinese partners

July 27, 2011 in News

According to E24.se (original article here):

Shortly Saab Automobile’s CEO, Victor Muller will meet with chinese Pang Da and Youngman to discuss the situation in Saab. According to sources, Youngman who is said to be the secret company that previously bought cars for 120 million SEK, be willing to invest more money into Saab. Read the rest of this entry →

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by TimR

DI.se story about this mornings meeting

July 27, 2011 in News

The Union advises its members at Saab to be very careful about taking up expenses on behalf of their employer. “The situation is very troublesome, there is no doubt about that”, say the unions legal representative Martin Wäsfelt.

The background to the advisory is that the financial problems for Saab might end up in bankruptcy and the employees might have a difficult time to get the claims from the company. Read the rest of this entry →

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by TimR

Antonov trying to save the situation

July 27, 2011 in News

According to Lars Carlström, Vladimir Antonov is trying to secure ways to pay the salaries to the 1600 employees. They hope to resolve the situation within days.

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by TimR

More news and rumors

July 27, 2011 in News

We keep hearing things from different sources and we are trying to get some kind of grasp on whats going on. One things is certain, money has not been payed yet to the “white-collars”. Some rumors state that Victor Muller could be in New York to meet with people that might be able to help out.