Dagens Nyheter has posted a short article on what they think the new proposal from YMPD for GM is. As you can see, they are still trying to reach a 100% ownership of Saab, but now Youngman would be the minority owner.
I’m not sure if this will make GM move from the NO to a YES, but I also don’t think that YMPD has made this proposition without knowing GM’s real reasons for the NO.
We are now in a similar situation as in December 2009, we have a GM not willing to sell, and a new owner with very interesting plans for our beloved brand. I’m only hoping that this time the new owner really has the money needed to make Saab flourish.
New proposal for Saab ownership of GM
Chinese Pang Da and Youngman, according to Dagens Industri submitted a new proposal on how the shares in Saab should look like, in an attempt to appease the former owner GM.
Instead of carmaker Youngman get 60 percent stake in Saab Automobile, which is opposed to GM, the car salesman Pang Da take over the majority of the shares.
– I can not comment on what GM may or may not accept, says Rachel Pang, president of Youngman, the DI.