Saturday snippets

Saab builds once again cars, and maybe somebody noticed in some of my comments, my wife’s 9-3 Griffin will now be build. I’m not Victor Muller, so my car was not second in the row, but I’m sure that it will be build in the next one or two weeks. 🙂

—
And talking about Saab cars, it seem like classic Saabs are no more secure from car burglars. 🙁
A brown 1978 Saab 99 has been stolen in Brussels. It had Dutch plates 08-VR-00 and the VIN number is: 99782008818.

I think the owner will be very happy for any kind of hint.

—

There was a time were car builders were proud enough to build non mainstream cars. This was the case of the Dutch DAF and the DAF 55 Siluro. I know Saab is also building non mainstream cars, but I’m sure there are no parallels between DAF and Saab.

—

And some numbers for those that are so afraid that this restart is only the beginning of the end. Saab has to build some 5.000 cars that are already ordered, this is not like the Pang Da deal where Saab is getting the money upfront, but it is secured income. If we use the same unit price as for the Pang Da deal (1.300 units for € 30M) we see that those cars are worth €115M. We could add 1.600 9-4x to that, but I don’t know how much money for that car ends in a Saab account.

I know those €115M is not net profit, but it is money that will be used to pay the parts for the cars build after the summer break. And the income of that cars will pay the parts for the cars build later, yada-yada-yada.

So now that the production is rolling again, Saab has much more time to get all things done for a more solid long term finance situation.

—

No comments 🙂