Wednesday Evening Business Snippets

Bad news first: 99 employees sacked from Lear. As notified in May, 99 employees are now let go from Lear. Lear is the supplier of seats to Saab.

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Other news services are picking up rumors that Saab are in the process of receiving a bridge loan from a major European bank.

Saab near loan to avoid bankruptcy reports Financial Post:

With the new financing Saab aims to pay suppliers and then restart production in a few weeks, the people said.

No official comment from Saab yet.

Thanks Stefan H and John for the tip

The big investor could be a big European bank

Things are still progressing, and the fact that details of it are reaching the newspapers, means that reading the tea leaves is getting easier and more defined. =)

Today Di.se thinks that the great investor for the bridge loan could be a big European bank. Many may say that the European Banks have enough problems staying afloat, but maybe not.

After the jump you can find the Google version of the di.se article.

Read moreThe big investor could be a big European bank

Tuesday Moose Season Snippets

First up is a quote from Eric Mayne’s article Saab is Supernatural.

Adds Scott Hutchings: “Great event! … Iowa next year!!!”

Next year? Saab is headed for the history books and he’s talking about the future?

And then it hit me. These people know Saab’s secret. The brand is possessed of an unholy power.

The signs have always been there. Consider that Saab is based in Sweden, which is part of Scandinavia, which is home to fairies and trolls and changelings and all things supernatural.

Thanks ThomasJ for the tip

Read moreTuesday Moose Season Snippets

IAA Saab: Drivers Wanted From the Saab Community

The IAA is approaching and soon 15 new Saabs will be cruising through Frankfurt during Europe’s largest car show, waving the flag of our beloved Swedish car brand. Saab wants to thank their fans and is looking for driver(s) that will drive the community designed 9-5. Other cars in this small fleet will be the 9-5 SC and the 9-4x.

Saab is looking for someone, is it you? Do you want to spend a day with the Saab Germany crew? Is there anyone out there who wants to experience the thrill and innovation of Saab up close and cruise with us through the city of Frankfurt? If you are a passionate Saab fan, you should take the opportunity and apply now.

Read moreIAA Saab: Drivers Wanted From the Saab Community

IAA Saab convoy: Design a livery for a IAA Saab

Frankfurt in September, a city full of car crazy people from all over Europe, but no Saab at the IAA. However, few will notice it. Therefore Saab is planning to shows presence before the exhibition entrances, at the parking lots and on the Frankfurt hot spots.

During the motor show a convoy of 15 new Saabs will cruise twice a day for several hours through Frankfurt. The Saabs will be made ready next week and will get a flashy livery. Saab is giving the on-line community the possibility to help.

Read moreIAA Saab convoy: Design a livery for a IAA Saab

Comparing Cargo Area of the 9-3x vs 9-4x

Little follow up to this post, Aj sent me an email yesterday with some photo’s of the two 9-4x that have just arrived in Ice Pearl and Atlantic Blue. These vehicles were part of the test fleet driven by Saab execs in Detroit during the test period and the colors were not made available once production started.

Read moreComparing Cargo Area of the 9-3x vs 9-4x

UPDATE: Irene Postpones Swedish Car Day

That may be the weirdest headline I’ve ever written. No, she’s not some fat angry lady causing trouble, she’s a big fat hurricane causing serious havoc on millions of Americans’ lives this weekend. Because of the impending hurricane (after the east coast’s first earthquake in as long as anyone can remember, my house shook…), Pierre from Charles River Saab let us know that Swedish Car Day will be postponed one week. From Pierre:

The change is official.

Swedish Car Day has been rescheduled. I am announcing this earlier than previously stated. The museum needed to know today so as to arrange their staffing, and it did not look like there would be any significant news regarding the weather pattern. If anything, the forecast for 2-10” of rain in the northeast corridor preceding the hurricane made the change inevitable. Therefore:

Swedish Car Day 2011 will take place on September 4, 2011

Read moreUPDATE: Irene Postpones Swedish Car Day

Finding Some Truth

As many have read the article in the Automotive News titled “Steady Drip Of Bad News Wears On Saab Dealers” , what some may not know is how much was left out of this article. Below is a copy of an email we received from Aj Murphy, General Manager of Just Saab, a very loyal Saab dealer and friend.

Gentlemen: As you are well aware there was a very grim tone to the article.  I was quoted as saying “Saab needs to get production restarted and stop the bloodbath on perception”, which I stand behind and believe needs to happen sooner rather than later.  Further, in the context of what I said was that perception and image improves once production restarts; One follows the other.  I believe the media is creating Saab’s image more than Saab is.  Which is sadly, just the way it is right now.   Unfortunately what wasn’t written was the comments about the faith I had in the long-term outlook of Saab once we get through this short-term crunch.   And I stand behind that statement 100 percent.   Unfortunately all that matters is what was put on paper to paint the picture of what they wanted to write.  Saab dealers losing faith in the brand.  Well, I’m not that dealer! Please put me on record as a dealer who has all the faith in the Saab team in what they are doing and they can count on Just Saab Cincinnati and Dayton 100 percent to stand behind the brand all the way.  I know Victor Muller and I have great respect for him as well as Tim Colbeck and his team.  They are the right people for this job.   Just Saab is not a dealer that will give up on the brand.  We believe in Saab’s future and are very excited to be part of it. No dealer stands behind Saab more than the Just Saab family and you can ask anyone who knows us.

I personally have known Aj for the past year and being a Sales Manager at a Canadian Saab dealer who has to rely heavily on SU and my US counterparts for news and information, can honestly say that he has proven to be a man of his word. Aj sums it up quite well when saying that the media paint the picture of what they want to write and we should take note when reading headlines, especially right now and know too, that there are plenty of other Saab dealers out there that feel the same way as Aj and Just Saab.

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