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

Saab receives 80 - 100 order each day despite not producing

Saab manufacturing plant in Trollhättan has been closed 7 weeks but according to DI is still receiving 80 to 100 orders for new Saab cars each day. A proof that the car buyers still have confidence in Saab. Before the production was halted Saab received 200 to 250 order each day.

The aim is to restart production next Friday with a production of about 100 cars each day. The same day a delegation from Pangda Automobile is expected to visit the factory. To restart the factory EUR 90 million is needed. Saab has already received EUR 30 million from Gemini Investment Fund Ltd and another EUR 30 million from Pangda Automobile. In addition, Spyker Cars has utilized the GEM Global Yield Fund Ltd facility which will raise around EUR 4 million. But Saab also needs the EUR 29.1 million from the European Investment Bank. But as usual the EIB is taking its time.