Taxes paid

ttela.se reports that Saab has paid the taxes and fees, which is another step that needed to be done before the court decisison and is proof that things are moving.

Saab has now gotten rid of their debt applicable taxes and fees.

– They have paid their VAT now, says Margareta Ahrbergen, duty officer at the National Tax Board, said.

Morning Update – Work Continues

Yesterday we faced a real rollercoaster: from the report that Saab would file for bankrupcy to the notice that Youngman would send money to pay taxes and wages. I can assure you that Victor is devoting every minute of his time to work things out. It is not done yet, the most crucial thing right now is that the money Youngman promised to send arrives at Saabs accounts. But since Rache Pang was that close to the events I think she has understood that Thursday is a serious deadline.

ttela.se give us a short update on how things look now:

Saab CEO and Chairman Victor Muller was yesterday in Stockholm where he met with National Debt Office.

– They sit in meetings now, said Unni Jerndal, CIO at National Debt Office at half past six yesterday evening.

And at least work with the National Debt Office shall according to sources at TTELA have gone well. But a crucial question seems to be on Chinese Youngman deliver on their promises or not. TTELA wrote about the negotiations last week, which found a possible ownership solution that also included a large bank in China. Among other things, it is about placing the technology and the development of a separate company that is half-owned by Youngman. This arrangement would have a better chance of getting a hearing from the various parties to approve a deal. The aim is still to solve for the EIB loan in the long run.

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What It’s All About

We’ve had some nice stories today about Tim’s visit to the factory and about some options that Saab is exploring. To me, where we are now is a place where it is of the utmost importance to get something done now. Now that I’ve stated the obvious, what does Saab mean to you and why do you want to see it survive? I’m not a fan of the I hate GM stuff that I’ve seen as I see it serving no purpose at all, what I am a fan of is the customer and employee stories of why Saab? Some of you have had a lot of years with Saab, what keeps you coming back? I’ll start with what sticks out in my mind.

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Sales process snippets

TTela today features an interview with Anna Petre.

Two years ago, GM were skeptical towards Chinese ownership. Now there is going to be a negotiation that can go either way. I believe GM has good intentions for us, says Anna Petre.

Most urgent are guarantees for how the technology in the 9-3, 9-5 and 9-4x will be treated. GM owns the rights to those three models.

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Rebuilding Trust

In an interview at the auto show in Nacka, Victor Muller admitted there Saab made mistakes dealing with the press last week. “We failed last week, clearly. We have spent one year trying to build up trust and the confidence in the business. It will take time to repair this, but we’ll repair it.” Since last Wednesday, there have been serious concerns raised in comments here by the production stop– does Saab have enough money to last the year? Will sales rebound? How can we trust management now? Potential customers are left wondering if Saab is a viable company anymore. Any dealer can tell you one of the most common questions asked to them is whether the company will be around next year, making a sale all that much harder. While the SaabsUnited community knows that Saab has a sound business plan and willing partners ready to step up to the plate to provide bridge funding, the average consumer usually collects the worst snippets and pieces them together to create their own picture. Last week certainly didn’t help to change that view.

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