9-5 SC news for the US market (Updated)

The internet is a fantastic invention, in 1992 you were able to see if the guys from a British University had enough Coffee in the Trojan room of coffee.

Today somebody has left a back-door open and somebody else has found a 9-5SC catalogue for the US market, albeit without prices.

The guys from Saabworld have put it in the public domain, so it should be OK if I talk about it.

The Brochure of the Saab 9-5 SC MY 12 can be downloaded from the SaabUSA site.

This is the most important page of that catalogue.

Read more9-5 SC news for the US market (Updated)

IF Metall: Issues written invitation to PM and meets with Antonov (Updated with news of Muller)

TTela continues to keep close vigil on all things related to Saab and today features no less than two three articles concerning one of the biggest unions organizing Saab employees. UPDATE at the end.

Read moreIF Metall: Issues written invitation to PM and meets with Antonov (Updated with news of Muller)

Jan Åke Jonsson supports Nils Liedholm Cup

Feature: Saab Automobile supports 2011 Nils Liedholm Cup

Trollhättan, Sweden: Saab Automobile will support the Nils Liedholm Cup this year through a personal donation by recently retired CEO Jan Åke Jonsson. The Nils Liedholm Cup is an annual Swedish youth football tournament for boys and girls between 13 and 16 years of age, with this year’s edition starting on June 30. The tournament, named after Swedish football legend Nils Liedholm, is held in Valdemarsvik, a town around 200 km south of Stockholm on the Swedish east coast.

A young Jan Åke Jonsson (second from left) and two friends meet with Swedish football legend Nils Liedholm (right).

Read moreJan Åke Jonsson supports Nils Liedholm Cup

EUR 25 Million Convertible Bridge Loan: *SALARIES PAID*

Press release: Swedish Automobile Enters Into EUR 25 Million Convertible Bridge Loan With Gemini Securing Additional Short-Term Funding And Pays Employee’s Wages

Trollhättan, Sweden: Swedish Automobile N.V. (SWAN) announces that it entered into a EUR 25 million convertible bridge loan agreement with Gemini Investment Fund Limited (Gemini), thereby securing additional short-term funding.

Read moreEUR 25 Million Convertible Bridge Loan: *SALARIES PAID*

Saab employees have been paid

Saab received today the money from the unknown Chinese company that bought 582 cars over the last weekend.

– We have received money and pressed the button for payment. The money should be on the employee’s account today, or tomorrow at the latest, depending on banks’ management, says Ms Gustav on Saab’s information department.

Source: TTela.se

A Possible Route For Antonov’s Entry – Through GM

Update: According to svd.se, Vladimir Antonov will give a press briefing about the situation tomorrow morning, June 30.

I put this as an update to Rune’s post earlier, but it got so big I figured I’d just give it a new post.

According to Dagens Industri, Antonov will take ownership of GM convertible (lost in translation: redeemable preference?) shares. The value of this is reported to be 2.3 billion SEK (about €248 million), but GM is offering Antonov a substantial discount– between 800 and 900 million SEK (€86-97 million).

Read moreA Possible Route For Antonov’s Entry – Through GM

GM approved Antonov a long time ago — Swedish government caught unaware

First a tip of the hat to our friends over at SAABLOG-In who covered the recent statements made by the representative of one of the largest unions among Saab’s workers.

According to various sources knowledgeable, there is no doubt about the approval by GM of Vladimir Antonov. We demand so aggressively that the government and GM put pressure on the EIB to allow Mr Antonov able to return to the capital of Saab.

— Mr Stefan Löfven, Chairman of IF Metall

Meanwhile, the prime minister claims that it is left up to NDO to approve Antonov. A statement which is not met with favorable words from Carlström, the Swedish spokesperson for Antonov.

NDO approved Antonov eight weeks ago

— Lars Carlström

TTela reports the prime minister will turn against anyone who wants to short-circuit the approval process of Antonov.

Personally I would like to see the PM fight as hard to keep jobs. I have never before seen a politician so keen to look a gift horse in the mouth (or other orifices of the body). In my opinion, the government should reimburse Saab for the costs of this delay. If they want to stay out of running an automobile manufacturer as they say, then they should not meddle in the ownership question in the first place.

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