IMPORTANT NEWS: National Electric Vehicle Sweden has agreed to buy the assets of Saab Automobile and the sale is expected to be finalized during the summer.

Friday, April 8, 2011

No quick fix for Saab

Despite hard work by all involved, there was no solution for Saab's money problems presented today. And now the weekend has arrived and I assume there won't be done much work on the issue for a couple of days. At least not from the government's side. And I think everybody have deserved a break after the last couple of weeks.

According to Dagens Industri, Gunilla Gustavs at Saab says that they now realize that the factory will probably be closed on Monday also, but they hope that it can be up and running some time next week.

According to the news agency TT, there was a negotiations with a new party for loans, but for some reason it fell through.

For a nice summary, I can recommend Reuters report