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, […]
skwdenyer commented on the post, The details of Youngman’s ownership in the Phoenix platform 2 years, 6 months ago
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 […]
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 […]
skwdenyer commented on the post, What did Youngman do, while staying in Sweden, who is Rachel? 2 years, 11 months ago
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…
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, […]
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 […]
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 […]
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