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, May 19, 2011

Deliveries to Saab restarted

Dagens Industri reports that deliveries of parts and components to Saab's manufacturing plant in Trollhättan have restarted. But Saab has been warned that the deliveries will be stopped immediately if Saab do not live up to the delivery agreements.

CEO of supplier Plastal tells DI that the agreement only is a short term solution, and that Saab still needs long-term funding. "If Saab do not pay according to the conditions, we are prepared to stop deliveries", he said to DI.

Other suppliers like IAC, demands a guarantee that debts will not accumulate. And Saab says that the suppliers will be given secure working conditions the next six months.

It is still uncertain when production at Saab can resume, but these are important steps on the way.

One thing that is certain is that a quick restart is very important, and not only for Saab but also for the suppliers. Manufacturer of car seats, Lear Corporation, has given 163 employees notice of resignation. From earlier Plastal has given notice to 50 employees, Trollhättans Terminal has given 35 of its employees a notice, DHL Supply Chain has noticed 22 employees and IAC has given 200 employees notice.