ttela.se reports that right now the receivers are meeting Youngman for further discussions on their bid. Reportedly both Pang Qingnian and Rachel Pang are part of the Chinese delegation, as well as representatives of a Chinese bank. It will most likely be about financial details as well as about their plans for Saab.
The starting point is the bid, the Chinese company previously put on Saab, the forms of and ability to find a way forward.
Youngman has already had considerable difficulties, given that GM said no, but have tried to find a solution that does not include the technology licenses as GM controls, which eliminates most of the models that Saab had.
While I’ve been quite critical towards Youngman in the past I still hope that they are able to present a sound plan to overcome all hurdles in their way. Every party that is in the process is good because it raises the chance that Saab is kept together and cars start rolling out of the Trollhättan factory again some time in the future.
But most of all it is good to see the process is moving forward and serious talks have started.