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.

Wednesday, April 13, 2011

Updated: Wednesday notes from the media - annoucement today?

Updated with info from Swedish radio that there might be an announcement about the financial situation today.

Swedish Radio West reports that Lars Carlström, Vladimir Antonov's spokesman in Sweden, says that there might be an annoucement today:

Lars Carlström, who represents the Russian banker Vladimir Antonov in Sweden, tells P4 West that there should be a announcement on Saab's funding during the day.

Negotiations are underway both in Sweden and The Netherlands and there are some practical details that remain to be solved.

Earlier today there was not much new written in the media about Saab's situation. But here are a few notes from some of the news articles that did pop up:

TTELA web edition writes that the car builders at Saab have gotten word that they can stay at home also tomorrow, Thursday. In other words, the production will not resume tomorrow.

Dagens Industri web edition reports unconfirmed information that at the moment the National Debt Office is standing in the way of an agreement about Saab. Dagens Industri does not explain what this means.

TTELA web edition and several other media report that the subcontractors are beginning to get into trouble. IAC has terminated the contract with temporary staff hired from contracting services and others are about to give employees notice of intent to terminate employment.

TTELA web edition also reports that the huge Swedish Saab dealer, ANA Trollhättan, has noticed that both company car customers and private customers are waiting out the situation before buying new cars. TTELA has also been in contact with Bernie Moreno at the US dealer Saab of North Olmsted (?), who says that they have not noticed any effect on the number of customers yet, and that their business is going well.