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Turbine

@turbine active 1 year, 5 months ago
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    Turbine commented on the post, Saab Bankruptcy Press-Conference Video 1 year, 5 months ago

    This is just devestating news for all involved with Saab. The blame game will be played for years to come out of the many books that will be written on the subject- for me though you have to look at SWAN – they […]

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    Turbine commented on the post, Press Release: Swedish Automobile Informed By Administrator Of Application To Terminate Voluntary Reorganization 1 year, 5 months ago

    Just terrible news – too many creditors – too many deals – too many distractions- not enough cash – not enough support. A very sad day indeed – hope suggested this day would never come- reality had the final say. […]

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    Turbine commented on the post, Muller does not believe in the Chinese 1 year, 5 months ago

    Sorry VM – you should appear on “Jackanory” on bbc tv. From one stance to the other – surley you saw the 100% chinese bid for what it is …totally futile and unacceptable to GM – so why follow that plan for […]

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    Turbine commented on the post, Press Release: Saab GB Files For Administration 1 year, 5 months ago

    My heart goes out to Saab GB staff today – as it does for the UK dealer network- a very sad day for many. I worked for Saab GB for over four years and they are a great bunch of people – who certainly dont deserve […]

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    Turbine commented on the post, Whats going on with the salaries? 1 year, 6 months ago

    Tomorrow will be the End Game in this saga – why would the chinese throw more money at saab if GM are looking increasingly resolute in keeping chinese 100% ownership at bay?? The chinese have surprised me with the […]

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    Turbine commented on the post, Monday Again – Another Week of Negotiations 1 year, 6 months ago

    IN A NUTSHELL THEN – we have until salaries are due next week- if no deal on the table (and at present there isnt one) its fair to say that the unions could force Saab out of restructure to protect its members […]

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    Turbine commented on the post, Saab postpones the meeting with the creditors 1 year, 6 months ago

    AGREED – its all about cashflow now whilst the potential new deal is sorted- how much does Saab have in terms of cash to see them through factory salaries etc ?, let alone creditors (now delayed again). Its going […]

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    Turbine commented on the post, Looking for The Deal 1 year, 6 months ago

    If the chinese are reducing investment from 100% to a sub 50% – which other party is coming in with the money?? Will the chinese accept a less than controlling stake ???? Seems too late in the day- unless swedish […]

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    Turbine commented on the post, Youngman taking place in joint venture company 1 year, 6 months ago

    A week seems a long time in this scenario….how are the National Sales Companies operating – must be cash intensive for them I would have thought? Wondering just how long its going to take to get some chinese […]

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    Turbine commented on the post, Automotive News: Why is GM acting that way? 1 year, 6 months ago

    I think that all the wheeling and dealing comes to a head tomorrow – GM will see what the Chinese govt think of it all shortly but will not jeopardise relations in china (massive market) – will saab legal […]

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    Turbine commented on the post, A lot of small good news 1 year, 6 months ago

    great support guys but seriously a lobbying of GM wil effect nothing…GM has already given Saab the chance to rise from the ashes – it’s failed. Too late in a drawn out game now.. Barring some unbelieveable level […]

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    Turbine commented on the post, Press release – INFORMATION ON EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS 1 year, 6 months ago

    I think we need a definitive outcome now – too many people have been left literally “hanging” on numerous deals/promises and false starts. I feel for the dealers at the moment – how can they be making ends meet if […]

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