SaabsUnited.com

P4 West have exclusively spoken with CEO Victor Muller and he confirms what we have written before, that Saab’s administrator GUy Lofalk has worked with his own agenda.

- I am very disappointed. We had some clear indications the the chinese financiers were not going to transfer the money we had agreed upon last week, say Victor Muller to P4 West.

According to Muller, Lofalk has been more focused on arranging a change in ownership, that chinese Youngman and Pang Da would buy 100% of Saab instead of the 50% the companies earlier had agreed upon, to get a continued reconstruction.

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Aktuellt at 21:00 gave a very shallow news brief on the Saab situation. The killing of Gadaffi just takes the whole energy potential within Swedish media today.

TV4 our largest TV network had a longer and more detailed reporting on Saab in their 22:00 Economic News.
Interesting to hear that TV4 claims that the chinese investors where willing to invest 5.5 Billion SEK into the company, but was turned down by SWAN. Lars Carlström claims that the “hidden agenda” is to get Victor Muller (and indirectly Vladimir Antonov I guess) out of the picture.

For those of You who understand Swedish here is a iPhone movie of the TV4 news.

New York Times (original article here):

PARIS — Saab Automobile’s last hopes for avoiding collapse appeared to be fading Thursday, with Chinese investors getting cold feet and the court-appointed administrator recommending that its reorganization process be halted.

“The situation is rather complicated,” Victor Muller, the Dutch entrepreneur who bought Saab from General Motors in 2010, said in a telephone interview. “We’ve seen the Chinese investors making U-turns in the last few days. That is very concerning because just last week they had confirmed their interest.”

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Happening RIGHT NOW: Saab and North Street Capital in a meeting discussing the future, confirmed by sources to P4 West.

We’ll monitor the situation and keep you updated as we find out more!

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UPDATE 1: Read the rest of this entry →

Swedish Radio has done an interview with Jan Åke Jonsson which is the first interview ever since he left.

To read the translation: Read the rest of this entry →

Despite the production standing still in Trollhättan, the engineers are hard at work. Even though many engineers have left the company the spirit is still very high and work has continued, perhaps not in the phase initially thought but still at a high rate on the next generation 9-3. We have heard from several sources that the car should be ready for production within about 14 months, which means it could be either aprox 14 months or even sooner.

The car has already undergone test-drives in different environments. Personally I thought it would be delayed a lot more due to the financial situation at Saab so I consider this as very good news!

One source told us that the car looks really cool, that even the base line model features a lot more than normal and looks incredibly good! Some more details that have leaked to us is that the distance between the front and rear wheels is greater than normal, giving more space within the cabin of the car. We’ll just have to wait and see! =)

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The swedish police has been a long time customer of Saab cars but as the current fleet of 9-5 SportsCombi’s and V70′s are getting older and sadly no cars are being produced at Saab, the Swedish police has turned its eyes somewhere else. And the eyes were turned towards Germany.

An order of 50 special built VW Passat with different diesel, gas and gasoline engines ranging from 150-300 hp with the dual-clutch system DSG and the “4Motion” Haldex four-wheel drive as an option.

-”Since the car is one of the police force most valuable tools, it is very important that they are engaged and get to decide how the car is to be shaped. It’s clear that the police have longed for something new to work with. Say Peter Norrman, project manager at VW Group Sweden to Automotor & Sport.

We can only hope that in the future, Saab again can become the preferred choice of the Swedish police force. Personally I think it is a shame that the Swedish Police did not choose Volvo as a supplier.

SR.se (original article here):

Saabs potential partner, chinese Youngman has now taken one step closer to a deal by delivering all the information requested by the Swedish National Debt Office. This means that the NDO is now able to take a decision to support or not support Youngman becoming a part-owner in Saab together with Pang Da.
- As it looks right now, we have received the information we have requested, but we might request more information said Linda Rundberg, press manager at the Swedish NDO.

The NDO is still waiting for additional information from Pang Da.

Alex who according to another Di interview has Saabs in his garage and one Lambo has been talking to DI.

Alex has his own car blog at http://alexmascioli.wordpress.com

Google translated from www.di.se

Racing driver who is taking over Spyker

“Our business is safe.” It says Alex Mascioli, racing driver behind the U.S. private equity firm North Street Capital are planning to buy the Spyker sports car business from Saab’s owner company Swedish Automobile. But he would be interested in investing in Saab denies he said. “I’m just a Spyker guy,” he says.

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