Angelo, I understand your points, however you miss one key thing. GM caused those problems for itself by NOT investing in those concepts, technologies, and marketing. They knew Saab couldn’t compete without those things but continued for 20 years (especially once the original 9-5 was released…good lord) without correction. How was that Saab’s…[Read more]
So now we have:
SAAB/NEVS – Sweden
SRIT – China
Teamsun – China
Mahindra – India
Another Asian group (OEM2) -Asia somewhere
Or is OEM2 the group in the article?
Who are they?
I can’t believe this company. They apply not only for a reorganization, but then ask for it to be extended. TWICE! Then have the nerve to start construction of a new factory in a foreign nation across the globe? Even if the money pile is different, that money could have went to restarting Trollhattan. How dare them! The Swedish courts should…[Read more]
The third and fourth chart literally tells you everything. This is a shame.
I like the outside, but the inside is hideous! That center stack looks like it was taken off of any Chrysler or Dodge product…YIKES! http://www.briggschrysler.com/blog/wp-content/uploads/2012/04/2012-Chrysler-300C-interior1.jpg
Where is the scandinavian designed interior?
I’m waiting for Saab to recover too. I will be in the market next year, and more than likely, I’ll rock out in the new Mini Cooper S hardtop (or MAYBE a VW GTI). I just love that little car!
You know what’s funny? I don’t remember the reconstruction plan even addressing the creditors once in the entire document. But KJJ made sure he put his “loan” in bold text for the world to see. No shame in his game.
The court needs to deny the reconstruction in good faith. I don’t want them to, but in good faith they should. The creditors…[Read more]
The fine print:
1) Kai Johan Jiang wants 20,000,000 SEK as 4th in line prioritized debt from a “loan” he made to NEVS. Pshht, get real.
2) The assets are prized at almost 3x the debts. So there’s something good to think about.
3) The Saab factory is one of the cheapest factories to manufacture at in Western Europe. Contrary to what most…[Read more]
But that’s the thing Angelo, this isn’t about Mahindra not being able to use the name, I believe Saab AB has been very clear that they CAN use it, however they cannot own it. It’s only under a license that can be revoked, and Mahindra’s not having that.
“I think in 2012, Saab AB might have been persuaded to give Nevs a chance to re-build the Saab automotive brand, but now when they see the result, probably they will be more reluctant to give someone else another try.”
Sadly, I fear this as well…
I feel as if this conversation has so many missing points and historical information on the branding, licensing, and usage. It is near impossible to understand the current situation without understanding the historical clout regarding the name and what legal rights the companies involved have.
When GM acquired 50% of Saab Automobile 25 years…[Read more]
My guess is Youngman AND Mahindra.
Youngman gets access to Phoenix.
Mahindra gets access and control of our brand.
If not, I have a few other guesses…DRB-HICOM (Proton’s new conglomerate parent co.), one of the japanese conglomerate companies (Fuji Heavy Industries, Isuzu conglamerate, Mitsubishi conglomerate -which is famous for it’s…[Read more]
No. The B207R is a GM LK9 Ecotec Generation I 2.0T engine. It was used in the 2003-2011 9-3. 210 HP.
The GM Ecotec A20NFT 2.0T (also known as the GM LDK) engine is an Ecotec Generation II engine. It is the one […]
that is correct from what i saw from the presentation.
9-3 Aero (Launched today)
9-3 Facelift Sedan (Spring ’14)
9-3 Facelift Wagon (Spring ’14)
9-3 Facelift EV (Spring ’14)
9-3 Facelift Convertible […]
no word on US sales yet. oh well.
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