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.

Thursday, April 14, 2011

The waiting is the hardest part

The waiting is the hardest part
Every day you see one more card
You take it on faith, you take it to the heart
The waiting is the hardest part

Tom Petty
 It's been over two weeks since we first heard about problems with supplies at Saab. And one week with a closed factory. During this time there have been positive signs that a solution was near, followed by days where nothing seemed to happen. Behind the scenes everybody involved are of course working hard, discussing different solutions, trying to reach agreements.

And all we can do is wait.

On the Swedish morning news today, Sweden's Minister of Finance, Anders Borg, said that the solutions that are being discussed are very complicated, hard to understand and have many uncertain elements. He also said that Spyker Cars and Saab have a responsibility to resolve the complications in the proposed solutions and make it clear who will be in charge of Saab and who will own Saab.
Reuters now has a small news piece concerning the interview with Borg.

TTELA writes in a comment that the signals TTELA has received is that there is still political hesitation to let Vladimir Antonov and his group become shareholder of Saab. But TTELA cannot understand why since two different reports have cleared Antonov of criminal accusations and Saab-Spyker is now a company where the Government has full insight.

I guess we just have to be patient and wait a little bit longer.