Well, and that’s really the point 100% Saab. Roger seems to deny any chance at all that there was shady business involved in a consortium no one had ever heard of taking over Saab cars—-getting the factory, the naming rights, etc. Truly, at the last minute, after rumors about BMW, Mahindra, Youngman (who actually do build vehicles) and…[Read more]
Patrik: You’re so on target in my opinion, there’s virtually nothing else to add—except to delve further into something: I am in total agreement with you about how and why NEVS/KJJ got into this circus. I saw it as a scam when it was happening—-but it really does seem to be problematic for him now. On a typical scam, there’s a clear path…[Read more]
Avelik: I do recall people writing posts that were hostile toward Qingdao not buying the cars and tying that to NEVS’ troubles. But addressing your other point—-if Qingdao reneged on legal agreements, is it possible to sue the province or individuals responsible? Or was the agreement shaky and ambiguous, as to allow for them do do exactly…[Read more]
Oh, and yes—I realize Qingdao’s involvement was more than just buying a fleet of cars—but I’m referring to what people have said here—that Qingdao not purchasing cars led to the collapse. And even if you allow for the fact that they were supposedly something like a 20% owner—-removing them from the equation should not have led to…[Read more]
Doug: If that prediction of yours comes to fruition—and NEVS/Saab Cars are all done in two months, looking back—-what was the lynch pin that drove the failure? I know a good many people are going to point to eastern China and blame this on Qingdao pulling out of a rickety “agreement” to buy cars from Jiang. The logic there is that if Qingdo…[Read more]
If that’s true, it’s wonderful news. I’m not convinced that we’ve seen the last 9-3 roll off that line. It’s old, and we’ve heard expensive to build, yada, yada, yada. But it’s ready to roll, ready to sell—and markets starved for Saab would still buy that car if they could price it right. Add in the wagon again and the convertible, which is…[Read more]
I made a similar comment many months ago—in my opinion, none of this is about an honest effort to get the ship righted, pay creditors and try to move things in the right direction or create the conditions for a viable sale. I think it’s been clear for a long time now that this is really about someone trying to save their skin—-hold onto as…[Read more]
It’s just that I commented that we were waiting for the press release, then I went to NEVS website and cut and pasted it. Is this really the press release we were waiting for from them? Seriously? I was joking.
Speak of the devils, here it is:
Wednesday, April 15, 2015
Nevs has exited the reorganization
The District Court of Vänersborg has today, April 15, 2015 decided that the reorganization of Nevs shall cease as the purpose of the reorganization is fulfilled.
The reorganization of Nevs was initiated August 29, 2014 for a period of three…[Read more]
Understood. That’s still three chefs in the kitchen or hands in the Saab cookie jar (poor analogies maybe, but you get the point). Wouldn’t it be wonderful if one party with serious, real money (not begging investors constantly) came in and developed Phoenix, built cars, sold cars, all as Saab? No need for agreements/contracts, no sharing…[Read more]
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