Moment of Clarity: WSJ Interview With Martin Larsson

I apologize for the misleading title in advance. The only clarity that can be gleamed from this interview is that there is very little certainty surrounding the Chinese deal at the moment. That’s not to sound scary in any way, things are progressing. But I suggest everyone read this article if you’re going to read one this week. Kudos to Christina Zander for being the only reporter all day to get behind the headlines. You’re up there with Ola Kinnander now on my list of responsible reporters.

“The only thing that’s certain is that things won’t turn out exactly as planned,” Larsson told Dow Jones. “We still have a bumpy road ahead, I believe.”

The article can be found at this link.

Also, there’s a reason why I haven’t had my own “thoughts on the deal” article yet. When the time feels right, you’ll read it.

Red J
Member
4 years 10 months ago

The content is for subscribers only πŸ™

Mark
Member
4 years 10 months ago

I managed to open it and I certainly don’t subscribe to the WSJ. Not down here in Oz anyway!

Red J
Member
4 years 10 months ago

Seems like I’m only having problems with the link in the post.

bleuler
Member
4 years 10 months ago

Dear god let this man be CEO!! Plus, he’s kinda studly.

nichell
Guest
4 years 10 months ago

weird, very weird.

Thorfinn
Member
4 years 10 months ago

“He’s kinda studly”???

Never heard that particular expression before. Still, even as a well-matured Hetero, I can see what is meant by it. Time for some cute lady execs in the car business, I reckon! Also, I’ve never met a lady who disapproved of my SAABs…plenty who disapproved of me, of course….

saabman
Member
4 years 10 months ago

Kristina Geers, General Council, is the only female lead executive at Saab. 1 out of 13 is not a great ratio. Although, I do recall posters here on SU wondering if she might be the next CEO (albeit several months ago). This link gives bios of the whole Saab executive team: http://media.saab.com/executive-team

rune
Member
4 years 10 months ago

I’m not sure this is the thread to start discussing studded winter tyres again..?

πŸ˜€

nichell
Guest
4 years 10 months ago

Well maybe Bleuler is a lady. If so I take that back. He can be CEO. Sitting on the dock of the bay…wasting time…

Greg Abbott
Member
4 years 10 months ago

Twists and turns remain, no doubt. GM’s role in this is the biggest obstacle, I believe – everyone else has a real incentive to get the deal done. But at least there is a plausible path out of the wilderness now, one that does not depend on the appearance of unicorns or confidence fairies.

bleuler
Member
4 years 10 months ago

He seems like he a good understanding of situation and is not sugar coating it. And I live in the Sf bay area, so do the math (was a joke Btw). Studly=good looking

TurboLover
Member
4 years 10 months ago

Well, regardless of preferences, everybody realizes immediately that Martin has a slight advantage over Norbert Reithofer just by looking at them… πŸ˜‰

Red J
Member
4 years 10 months ago

Not if you look at the photo available at media.saab.com. 8()

Daniel B
Member
4 years 10 months ago
Well the the horizon certainly looks just a tiny bit brighter this morning: http://di.se/Artiklar/2011/11/1/249635/Kinaminister-positiv-till-Saabaffar/?sr=23&tr=295281&rlt=0 Basically saying: China’s industrial and IT minister Miao Wei supports “in principle” Pang Das and Young’s plans to buy Saab. There he told Reuters in connection with an industry trade show in Shanghai. It is the first official indication of how the Beijing government’s reaction to the two Chinese companies’ plans to take over Saab. Pang Da and Youngman signed last week a preliminary agreement to purchase Saab Automobile. Under the reorganization plan as administrator lawyer Guy Lofalk submitted to the district court, the two Chinese… Read more »
aa
Member
4 years 10 months ago

The biggest problem is GM and that’s why there never was a chinese sale in the first place. I really can’t see how GM would let the chinese gain access to 9-5 and 9-4x.

TurboLover
Member
4 years 10 months ago

I really can’t see GM pick a fight with NDRC. They have about 10 factories in China already, Saab is a miniscule issue for them. GM will not be any (major) problem, that is my assessment.

kochje
Member
4 years 10 months ago

Tend to agree with your assessment.

nichell
Guest
4 years 10 months ago

Bleuler, I think Martin does look like Mel Gibson, somewhat. He may be a Mel Gibson lookalike. Oops, now all the “progressives ” are going to come out with rants against Mad Max.

Red J
Member
4 years 10 months ago

Mad Max is one of the best Oz movies ever.

Thylmuc
Member
4 years 10 months ago

Well, at least Mad Max II is the best reason for Saab to invest into future electric cars…

ivo 71
Member
4 years 10 months ago

Oh, it’s a movie? I always thought it was a reality thing about Oz traffic customs, you know, same sort of difference like between football and Aussie rules football πŸ˜‰ .

Just joking, I myself am a fan of Peter Weir, although it is questionable if his movies can -still- be called Oz movies.

Ivo

jond
Member
4 years 10 months ago
It is the shareholders’ duty to appoint the Board of Directors. Since Saab Automobile will be wholly owned by the two Chinese companies and YM will have control I would be amazed were there not a liberal sprinkling of Chinese executives, who would ensure that the wishes of the owners are implemented. Many of the existing Directors and management are in any case tainted with a failed past and may well be retired from duty. Looked at from a Chinese perspective that would only be right and proper if they are to invest so much money into the future of… Read more »
TurboLover
Member
4 years 10 months ago

You need experience of what you are suposed to do in order to be on a BoD. YMPD whant to maximize their investment, not the amount of Chinese directors…

Saabheart
Member
4 years 10 months ago

Can someone explain the connection Lotus has with Youngman? My understanding is that Youngman takes some of Proton’s cars and rebadges them as a Chinese brand and sells them. Is this at all correct? Are some of these cars Lotus cars since Proton owns Lotus?

As a Lotus Elise owner, and a Saab owner many times over, I am curious to see how small this world can be. The Elise is obsolete now but still a dandy chassis to make a new Sonnet out of πŸ™‚

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