The Swedish Debt Office has agreed to Saab selling assets and leasing back to ease their liquidity problems. The source of the finance is Vladimir Antonov. It was always an odd move by GM, or the Swedish Government, or whoever it was that decided the deal for Spyker to buy Saab could only go through […]
Saab 9-2 to use MINI platform – if Saab survives
Saab is still trying to find a solution to its liquidity problems, and reports that the Saab 9-2 will use the current MINI platform. Things are still torrid for Saab, with big lumps of downtime at Trollhattan as they struggle to get suppliers to deliver parts when those same suppliers are already owed big chunks of money. The […]
Saab close to collapse? No, says Victor Muller
Victor Muller has declared Saab is not close to collapse – despite production being halted last week – and will soon get additional funding from Vladimir Antonov. Last week we reported that Saab had stopped the production line because of unpaid bills; suppliers hadn’t been paid, component delivery dried up and cars couldn’t be completed. […]
Saab struggles with bills – Vladimir says it’s all fine
Saab has had to halt production twice this week as they ran out of components due to unpaid bills. But Vladimir Antonov says not to worry. I think we all hoped that after the long, painful transition from GM ownership in to new hands at Spyker that things would settle down and Saab would get […]