Youngman has placed a bid!

First bid, according to National Swedish Radio News/EKOT, was sent to the lawyers some days ago.
1000 workers need for production. 9-3 can be built without GM involvement alongside with Lotus cars.

Swedish TV4 tonight reports this:
Still no comments from the lawyers.
Johan Nylen, Youngmans swedish contact says “No comments” first but then goes on, “Plans for immediate restart of Saab, discussions with significant people and suppliers are ongoing”, according to Nylen.

ArchDandy
Member

YES YES YES.

Griffin Up everybody. This is the time.!!!

DUTCH900C
Member

+1

AeroDanny
Member

You mean, “The time is now” =)

ArchDandy
Member

Yes. 😉

paddan
Member

This is a step in the right direction.

Smithy
Member

Wow…

So this “Lotus” – I’m confused, is it the British brand with the sports car Elise and so on?

Alex740
Member

Fantastic News!!!!!!!!!

Is this the same Lotus that produces the beautiful Evora?! Or is it a Chinese brand?

Bravada from GMI
Member

Nope, they are actually rebranded and, partially, remodelled Protons, over which Youngman is in a slow-moving trademark conflict with Proton and their subsidiary Lotus Cars, who in turn seem to be for sale.

http://www.youngmanlotus.com/

Alex740
Member

I guess that would have been a little too good to be true. Oh well, still good news!

bpsorrel
Member

A Yougman “Lotus” http://upload.wikimedia.org/wikipedia/commons/thumb/1/14/2011_Youngman_Lotus_L5.jpg/800px-2011_Youngman_Lotus_L5.jpg

I hope that’s not re-branded a Saab some way down the road…

Alex740
Member

yeah, i just started to think the same thing bpsorrel. With production of those cars being moved to Sweden, makes me wonder what their intentions are with the brand. I’m pulling back my excitement and changing it to cautious optimism.

bpsorrel
Member

Agreed. I’m waiting to hear the news from Mahindra……..

RS
Member

Well, if they buy a car factory with a capacity of around 150.000 units but only have one Saab model for the next two years, they might try and fill that gap with something else?
GM built the rebadged Caddy BS… sorry, BLS in THN and that didn’t influence the Saab quality/image in any way, as it shouldn’t.
I believe Valmet built Saabs, Porsche Boxters and Euro Lada’s -yes Lada- in the same factory in the late 90’s.

Angelo V.
Member

If the survival of Saab is predicated on rebranding another car while a more “genuine” Saab is created, bring it on. If the choices are either the death of the brand forever—–or Saabs we’d rather not see for a while—-possibly leading to better Saabs—-I’ll take the latter.

davidgmills
Member

butt-ugly

Smithy
Member

Also looks like the 9-5, the beautiful 9-5 won’t ever be produced again.
I simply have to get it in a few years when I have the funds – it’s legendary! 😀

hans h
Member

Perhaps one should try to find one of those rare 9-4x. 🙂

(No, I cant, really. My budget is in the “rusty V4”-domain, regrettably.)

xelav
Member

Okay, first bid, now the others will have to follow soon with their proposals. Hahahhahaahahaha, Saab for life! O no that was Volvo …..

xlx
Member

maybe the bids are already there, we just dont know

zippy
Member

I cant see how they are going to produce a 9-3 without GM tech. Do we really want a Saab built with Chinese ‘technology’. Not for me thanks.

Carmania
Member

Why Chinese? There are many suppliers around the world. BMW for example!

Tilley
Member

I believe it has to do with the age of the platform. Enough time has passed that there may be ways around GM.

Angelo V.
Member

Zippy: I’m considering myself a “beggar” for the Saab brand to continue to exist. As we know, beggars can’t be choosers, so I’ll take whatever technology can facilitate production—-assuming it’s not junk. But I have no reason to believe they’re going to have to resort to junk to make the 9-3 live.

liftarn
Member

One supplier for engines I’ve heard about is Fiat.

900jubileum
Member

This is great news! Let us hope that Youngman want to keep the Saab-brand and manufacture Saabcars!

Jelmer
Member

Saab 91 elise… Here we come….

Joshua Daily
Member

Quick question. They need 1,000 workers, which is a lot. But how many lost their jobs when Saab first filed for Bankruptcy?

Red J
Member

Saab had 3,600 workers.

clean_kirill
Guest

1000 workers – is it much ?

clean_kirill
Guest

Joshua Daily was a little bit ahead of me 🙂

Joshua Daily
Member

Great Saab minds think alike! I am just curious as to know if this is more or less than Saab had before they went bankrupt. Regardless, if the bid goes through, it’s wonderful news for the unemployed in Trollhattan!

clean_kirill
Guest

Rune wrote “more than 1000 engineers worked on the Phoenix platform”. Is it grotesque or true ? Where are all this engineers and are there any jobs for them ?

JH
Member

Saab had around 900 engineers, and all of them were definitely not working on the Phoenix platform.

JH
Member

Saab had around 3400 employees before the bankruptcy. However, when I read the TTELA article on the subject, I interpret it as 1000 employees are needed in the factory, which should not include the engineering centre etcetera.

saabdealer
Member

I wouldn’t get too excited about the connection with “Lotus”. It’s not the Lotus you’re thinking of. It’s a badge on a china-built vehicle.
I’m all for Saab coming back but more and more this is leaning toward Youngman buying pieces of Saab not the whole company as we knew it.

xelav
Member

Bosorrel, thanks for the link, haha, wat à beauty that car. Looks like an ass!

Karl Ask
Member

This is great news but Lets wait for mahindra !

zippy
Member

I am guessing they want to build the 9-3 in China.

Carlo A
Member

I am crying like a kid !!!!!

Griffin Up !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

JH
Member

I’m waiting for an official statement with some more details before getting too excited, but still, I’m cautiously optimistic. 🙂

JoPlSe
Member

+1

Chris Carrier
Member

The Chinese are masters at the cheap knockoff. Will the 9-3 become a cheap knockoff of itself but look the same on the outside?

Chris Carrier
Member
David-SAAB
Member

And the news we have waited for.

maanders
Member

Maybe. We need more information.

M.A.
Member

🙂

Justin Clapp
Member

Such good news!

Baver
Member

One bid in, let’s see the other four before we get too excited.

Angelo V.
Member

+1

julie@KellySAAB
Member

http://www.reuters.com/article/2012/02/02/saab-youngman-idUSL5E8D26Y420120202

posted just now…
SAAB Up!
Let’s hope this makes it happen!

John
Member

I wonder if Youngman’s claims of being able to produce the current 9-3 in 15 weeks with no GM tech is true. If so they must have been working on this plan for a while. BAIC apparently also has some non-exclusive rights to the platform and have developed their C70 sedan from that. Could Youngman be planning to buy parts from them?

JH
Member

Maybe Youngman plans to buy the old B2x5 “Södertälje” Saab engines from BAIC. 😉

CSD_ChineseSaabDriver
Member

BAIC indeed has finished that Saab engine, 2 months ago.

Red J
Member

John please, don’t mix up things.
The C70, which looks like an mixture of Merc and Beemer, is based on the first ten 9-5, and uses an updated version of the B235 engine.
The C60, I still haven’t seen it, will be based on the pre-2006 9-3 using the B205 engine.

BAIC is completely redoing those cars and those engines, on the other side Youngman only wants to replace some parts, GM may not deliver.

spacy
Guest

Red:

http://www.roadandtrack.com/auto-shows/beijing/gallery11

The sides & Rear are quite Saabish….

JH
Member

That is an old concept model, actually built in Trollhättan if I recall correctly. It is not how the finished product will look like.

Red J
Member

I’ve heard that we will see the last revision of the cars on the next Beijing Auto show.
The C70 looked like a 9-5 on its first public appearance, now it looks completely different.

Coke is it
Guest

Sounds great 🙂

xelav
Member

Any news yet since the2200 h tv news in sweden?

PatrikH
Member

It is great, I still hope my next SAAB will be a newer SAAB.

orion
Member

My head says: Yes.
My hart says: No

spacy
Guest

And there-if lies the YM problem…

The B205/B235 [B204/B234] engines were one of the best engines Saab had. Now BAIC has them & Youngman does not.

xelav
Member

Nobody watched tv4 at 2200?

Jim.be
Member

Vad roligt! KANON! … But I’ll just open a bottle when the first SAAB of the new era will leave the factory! I feel on my elbows that this moment will not last long anymore..

Jim
Det är bra!
Så länge det finns liv finns det hopp.
SAAB = Made and to be made in Trollhättan.

MK
Member

Sorry to have to take you all down again…
http://sverigesradio.se/sida/artikel.aspx?programid=125&artikel=4944947
English (google) http://translate.google.com/translate?sl=sv&tl=en&js=n&prev=_t&hl=sv&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fsverigesradio.se%2Fsida%2Fartikel.aspx%3Fprogramid%3D125%26artikel%3D4944947&act=url

According to one source, then the receivers have unreasonable demands of a global sales such that they must have the approval of GM.

Saabissimo
Member

Robert Collin is bringing us some interesting news…

http://www.aftonbladet.se/nyheter/article14309805.ab

– Baic/Panasonic consortium(!)
– Geely/Volvo want the development centre

He also says that Mahindra is “very” interested.

E
Member

He seems to say at the end of the article that the receivers’ favorites are BAIC and Geely, which would lead to the greatest number of folks out of work in THN. Is that a reasonable translation? Hopefully not true, if so…

Saabissimo
Member

Your translation is unfortunately correct.

The receivers’ brief should be to find the best deal for the creditors I suppose, and nothing else? I can’t see how any of those deals could work out to be more favourable than an all-in-one solution? But I’m not a receiver and don’t have access to the numbers, so what do I know…

Daniel B
Member

I just hope that this is NOT true:
http://sverigesradio.se/sida/artikel.aspx?programid=125&artikel=4944947

The administrators are “refusing” to sell Saab as a whole entity. According to the article they prefer to sell it in pieces..

SU-Crew feels free to translate..

Saabissimo
Member
The gist of the article is that the receivers have as a condition that GM has to approve any deal, which seems a bit odd? Why would their approval be needed now? I assume the receivers are obliged to find the best deal for creditors. Granted, GM is one of the largest creditors, but surely the word of the other creditors must count as well, not only the word of GM? Same information in this piece as well, about BAIC/Panasonic & Geely/Volvo being preferred by the receivers, ahead of the three buyers who want to buy the whole thing and… Read more »
wpDiscuz

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close