SAABSUNITED

As I understand it, the law suit is being pursued by Spyker on its own account and on behalf of Saab. Since Saab has no money, Spyker is running it all. I don’t have all of the details, but any recompense would, […]

Nonsense. Burn methanol. Synthesise the methanol as a byproduct of sequestering CO2, and power that process using solar energy. No net emissions, unlimited fuel forever, no heavy metals or exotic batteries of […]

According to the September 2011 press release, the whole of the Phoenix platform was licenced to the SPV. In turn only a portion of that was licenced to YM.

Assuming the lawyering was done well, the SPV may […]

Interesting coment re Hemfosa. If Swedish bankruptcy law is similar to the UK’s, transactions up to 12 months (or even longer) prior to bankruptcy can be ‘unwound’ by the liquidators / administrators. In this […]

Saab spoke with a number of companies, especially in China. The NDRC process ensured that YM kept themselves at the front of the queue – in the end, nobody was allowed to deal with Saab except with the blessing […]

Perhaps… or perhaps YM weren’t able to move to a full offer so fast and VM needed some positive PR in order to keep the wheels on the wagon, so to speak? Life is seldom simple…

Saab Great Britain was a subsidiary of Saab Automobile both before and after this transaction.

As far as I know, no, it wasn’t, otherwise SWAN wouldn’t have had to purchase it separately from Saab.

PangDa had some/all of the shares of Saab GB as collateral. Those shares are now worthless. PangDa had no hold over the assets of Saab GB.

On paper, Saab GB was well-off; the £20.9m still belonged to them and, […]

I think you’ve a very narrow view of business if this seems strange to you. Businesses operate like this all the time all over the world. Just think back to the internet businesses of 10 years ago. Look at GM. […]

Is the landlord Saab Property, 50% owned by Saab? Or somebody else?

$1.9m per year seems high for the location; are Swedish commercial rents that buoyant at present?

As regards community interest, TimR kept […]

Indeed. Airbus won a straight tender competition against Boeing. Boeing then kicked up a fuss, forcing the contract to be re-tendered. Boeing, having seen how they stacked-up first time around, simply underbid and […]

Who are ‘we’ in this context? ‘We’ the inhabitants of the USA? Those whose economic prosperity came from slavery, from the wholesale ejection of indigenous peoples (so providing ‘free’ land, in turn delivering up […]

If I understand things correctly, Fisker are projecting 100k units per year, and are starting production with Valmet. Perhaps they’d like to take on Saab? Mr Fisker certainly has the right connections in the […]

Ah-ha, so that earlier date is potentially bad news for the Chnese?

I have commented before that, visually at least, Skoda have marched into the space that I believed a modern Saab should have been.

One correction: the Superb does have a direct equivalent VW – it is produced for China.

There is widespread reporting of an interview given by Rachel Pang which was reported by Automotive News China, in which she is quoted (perhaps in a mistranslation) as saying that YM had already bought Phoenix and […]

Sorry, your maths is wrong. VAT is 25%, which is added on top of the ‘base’ price. So if you take the VAT-incusive price (say €50), then the VAT is €10, i.e. 20% of the total. To make it clear: base price €40 + […]

Then let it be worked upon. Look at the ‘magic’ the MG Rover boys wrought on the Rover 45 chassis to turn it into the MG ZS, arguably one of the best- handling FWD cars at the time.

Ok, so where is the tooling?

I agree with this; I suspect there might be some ramifications down-the-line in China.