Remember, remember the 1st of December!!!!!
This was of course highly speculative and probably not much true (due to SAAB AB requirement that SAAB cars must be developed and produced in Sweden) but I believe that a part of the Mahindra business plan for SAAB is to start with mild design changes (and possibly some under the bonnet) of new SsandYong cars, done in Sweden and sell them as…[Read more]
A piece of interesting info in the following two articles. The first one is about new SsangYong mini-SUV:
At the end of article the following: “SsangYong confirmed to us in March it may be planing a name change to improve its global image – so the car could…[Read more]
I will be honest here: I don’t think the crew can stand publishing some bad news and then getting 1000 comments on how NEVS has been bad and 100 different theories on what that could mean, when they are actually knowing what is going on in the background. So they chosen to be silent on this.
I guess that the really strange silence (for the top SAAB blog in the world) regarding the articles about this from the Swedish newspapers/webpages means only one thing: the blog crew know something that will happen soon and have not got OK to disclose it with us.
I can hardly wait for the news to come!
Strangely how bad publicity can affect mind of people even if a company share not more that the brand name with another company that is in trouble. We here could think that the troubles of SAAB car manufacturers could not affect the SAAB AB business coz people that are in the business know that SAAB car company has nothing to do with SAAB AB.But I…[Read more]
If I remember correctly it was November 29th. Then they must present the status and eventually ask for additional time. But without any progress I doubt the outcome will be the same as the last time (meaning extension of the creditor protection)
NEVS might be a bunch of jokers who had never run a lemonade stand but they showed the money and actually invested a sh’t load of that to keep SAAB floating until now. Let’s been honest here, Victor M. who I respect deeply for his spirit and one good SAAB year had a number of failed projects before acquiring SAAB. He had even had a F1 team; of…[Read more]
True! As well as there are hard feelings when people get fired from work, even knowing there was some reason behind it like they didn’t perform the way they should have, or simply they were not the right people for the job they had been doing. But no one would say “he/she deserved it” because there was a family depending on them.
That is the…[Read more]
I agree with you, that is very much the basic reason of SAAB failure under GM time. This in combination with high development costs, or better to say lack of control and failure to keep the development cost limited for the last 9-3. I always remember the “change just body and badge” joke from the Top Gear SAAB special. Also I remember some news…[Read more]
Maybe I wasn’t that clear (although I thought mentioning brands like Mahindra, Dongfeng, Qoros would make things clear by itself): I didn’t think of suicidal production of 200.000 O-G 9-3 cars a year that nobody would buy. Plan B was, as I understood, describing some Valmet/Magna-like business plan, where NEVS would start producing cars on behalf…[Read more]
9. Whatever they have for future plans they must start producing cars ASAP! No matter what cars SAAB 9-3, Mahindra, Dongfeng, Qoros! The sooner they start doing this the better chases for positive outcome will be.
That is why I think a combination of plan A and plan B must be the only way forward. SAAB factory in Trollhattan must start working in…[Read more]
As I already said in a comment to the previous post, this was expected outcome. The choice was easy for the creditors, the alternative was bankruptcy after which, with the current status of NEVS the creditors would not get a dime. So it was better for them to sit and wait. In case of a positive outcome they will get some, if not all money…[Read more]
I didn’t think for a second that the reconstruction continuation would be voted down. Imagine yourselves in the creditors shoes. In case of bankruptcy they would not get a dime. The only thing they can do is to sit and wait. A positive outcome means they will get some if not all money. Bankruptcy is the last thing they want.
Lot of my everyday work is to review and comment lots of documentation so let me give my comment on this :-):
1. Maybe formal, but anyway important: The Power Point matherial that is included in the document still contains SAAB logo! Didin’t NEVS loose that right few weeks ago? This shows me this: Either SAAB AB is changing their minds these…[Read more]
Strange are the ways of business! However I am pretty sure that if the negotiations with M&M and Dongfeng had gone so smoothly there would have been no way that NEVS would have come out with such statement as they did today. So something not so good is going on here!
I am almost certain of one fact: Mahindra walked away from the negotiations table previous time frightened by the brand issue, there is no reason that they would stay any longer at the negotiations table this time, when the brand issue popped up recently. I think the negotiations stuck just there.
I bet that M&M had an ambitious short-term plan…[Read more]
I guess it is nothing strange to always have alternative options. But it can be indicative that they go out with that now, one week before the important meeting where NEVS will present the plan for the reconstruction.
In the news (at TTELA’s web site) that just came up, the amount of people that are made redundant are lower then previously announced. Its 155 people instead of 200. The rerason why NEVS wanted to keep more people, according to the article, was that the production start, after the successful negotiations goes as fast as possible. So it seems that…[Read more]
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