Some reactions from Mr Muller at ttela.se
Victor Muller explains to TTELA that he is not surprised by the news from GM.
– I warned about this all the time, says Saab’s CEO.
The announcement opens to the original proposal by Youngman and Pang Da as a partner may be the case again.
In the negotiations that led to the proposal that Youngman and Pang Da would take over Saab made Victor Muller clear that the proposal would meet with opposition from GM, and possibly in others. When TTELA such as talking to Saab CEO October 20, when negotiations took place, and it was clear that Guy Lofalk ran a line from the Youngman and Pang Da would take over Saab, he said:
– They have not thought through the whole thing. If the Chinese would take such a large stake in Saab would all regulations of GM, BMW, the EIB and the National Debt Office strike. It simply would not go through, it would simply end for Saab.
When TTELA now sends a message to Victor Muller, he answers: “It required no great knowledge to predict this. I warned the Chinese all along that they wanted something that would not go home at GM. ”
And he adds:
“Now we go back to the drawing board.”
It is said to mean that the original plan dusted off where Chinese companies are partners in the Swedish Automobile while Victor Muller himself is left as a partner. An open question is whether this approach would be approved by GM.