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.

Monday, April 4, 2011

Timeline of the recent turmoil

After all that has happened the last weeks with retirements, sales forecasts, payment problems etc, I have found that making a timeline of the events can help make things clearer:

24 February:
10 March:
  • Antonov tells DI that Saab at most will sell 60 000 to 65 000 cars in 2011 and miss the target of 80 000 cars. He says this can lead to money problem, but he is ready to invest half a billion Swedish kronor.
  • Spyker Cars says that the sales target for 2011 stands.
21 March:
24 March:
  • Vladimir Antonov tells media that he is ready to invest in Saab and that a reasonable share would be 29.9 per cent of the company. An initial investment would up to EUR 50 million.
25 March:
29 March:
30 March:
31 March:
1 April:
4 April:
  • Saab opens the Saab car exhibition at Nacka Strand in Stockholm with a press conference. Victor Muller calls the previous week's production problems a glitch. Jan Åke Jonsson dismiss reports that Saab has problems paying suppliers.
5 April:
  • Another stop at Saab's Trollhättan factory due to problem with supplies

6 April:
  • It is reported that Saab has decided to stop the line at the Trollhättan factory for one week. During this time Saab will try to sort out all the problems with supplies.