Angelo V. commented on the post, Swedish Finance Minister Anders Borg saved Saab once 2 hours, 48 minutes ago
Mick: I guess given a choice, sure, I would like the marques to be produced in the countries or origin—-it would certainly be more “orderly” and transparent if every GM, Ford and Chrysler were built in the USA, every BMW, Volkswagen and Mercedes built in Germany, all Hondas and Toyotas built in Japan, etc. But that train left the station…[Read more]
Angelo V. commented on the post, Swedish Finance Minister Anders Borg saved Saab once 16 hours, 52 minutes ago
It doesn’t bother me so much that Saab, Volvo or anyone else manufacturers cars in China, provided the quality is good. Volkswagen makes cars in Mexico—-and a slew of European and Asian companies make cars in the U.S. and other places. Obviously, the problem with NEVS is that they DIDN’T make cars—-ANYWHERE—-save for a few 9-3s and we all…[Read more]
No, they really didn’t deserve to have the Saab name considering what their plans for Saab cars were—-electrics for China never cut it. Ignoring their historic markets never cut it. But Patrik, THEY WERE given that name to run with. So to me, it would be a travesty if a legitimate, well funded, international corporation like Mahindra would be…[Read more]
I think it would be acceptable to have Saab DNA, Saab design, Saab engineering—-even without the Saab name. I would hope that there would be no issue with a massive campaign that alerted the world that “Saab is now ________.” I like “Aero” so the campaign could be, “AERO, formerly known as SAAB.” I’d go with the same font—-it’s still four…[Read more]
Angelo V. commented on the post, Swedish Finance Minister Anders Borg saved Saab once 22 hours, 7 minutes ago
Vic Muller with money from the Russian underworld would sure beat NEVS with Chinese play money that was never delivered. Seems like Youngman was a fraud and Qingdao was a fraud too. Suddenly, General Motors looks like a saint.
Angelo V. commented on the post, Swedish Finance Minister Anders Borg saved Saab once 22 hours, 12 minutes ago
Should that be a stern warning then, to all: Don’t do business with China??? It sounds so outrageous, I can’t imagine any business with any other option making a deal with the devil, no matter how desperate they are. It would seem like buying a lottery ticket if you can’t actually interview different potential investors to establish their…[Read more]
I see Kitty found a shady spot under the Saab. Does this make the cat a “Shade Tree Mechanic?” By the way, the car is beautiful and would still sell with a minor update, bonafide dealership network and the right promotion.
Angelo V. commented on the post, Swedish Finance Minister Anders Borg saved Saab once 1 day, 2 hours ago
Tim: Wasn’t it incumbent upon those involved to identify BS/con artists from legitimate investors? It you’re right that Youngman was a hollow shell (if not hollow, full of BS) and Great Wall was a serious player who had the money and interest to make something positive happen—-shouldn’t someone have been able to figure that out and act…[Read more]
Saab AB did not have the courage—-or at least they didn’t decide to veto the rights to the Saab name for NEVS. They went along with it for NEVS, perhaps under some pressure from the unmentionables. If they granted use of that name to NEVS, I sure hope they also grant it to Mahindra, who is head and shoulders (and torso and hips, and legs and…[Read more]
How much does GM lose on every Volt sold? And aren’t their year over year sales for the Volt down? A complete redesign for the 9-3 will have cars in showrooms for what model year, 2021? I think the pause has been destructive to Saab—-though you do point out the bright side, if there is one.
Tim: In fairness, since I’ve often sided with Doug—-for my part, I think it’s a comparative premise. Taking over and running a large company means that yes, there will be employees who know the business. And one person in upper management at NEVS had experience with what, Volvo trucks? Okay, that’s good. But compared to established…[Read more]
Phillip: I do get the point you just made and I agree. I guess my point is that Bill Gates can give NEVS his checkbook and say “have at it boys” and unless they developed a new business model, they’d blow through his money like water too. It’s not ONLY about more money to invest over a longer period of time—-unless you have a good plan, that…[Read more]
Unlike an organism that has a life on Earth—-and once it dies here, it’s over—- a company can die and come back. Zippy IS “right” when he says that Saab died in late 2011. This first attempt at giving Saab a new life has failed. Let us hail a possible 2nd attempt and hopefully with a new owner. Only time will tell. By the way—-human…[Read more]
When I heard “electric/primary market China” I knew at that point that the name was just about the ONLY thing left. And yes, let us not forget that the Griffin logo is off limits—-so the name Griffin wouldn’t work. If they tried to use a different type of Griffin, they’d probably still be sued, and rightfully so. I like the name Aero if that…[Read more]
NEVS doesn’t do a whole lot of talking—-not sure if even some of the higher ranking execs at NEVS have a clue as to what the CEO is really thinking. You’re right—-trying to analyze this from North America is a fools game.
I agree Hugh—-and truth be told, there will be a learning curve for Mahindra too. They are not BMW—we know that. But they are worlds bigger than Vic Muller’s enterprise or NEVS. Bigger, more experience, more money. The slot could be perfect—-not as big as GM (who was never focused on making Saab a success because they had so many other…[Read more]
Without having an inside contact at Mahindra, I can’t answer that question definitively. But reading the tealeaves, I think that yes, they are a part of this equation. I think what we’re seeing today is being driven by the fact that someone is still interested and by process of elimination, who else might it be? I think Mahindra is interested.
Is this the best news we’ve heard in years? I vote yes! It might not sound like much, but I think it is.
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