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, May 23, 2011

Victor Muller inviting Minster of Enterprise to meet Pang Da

On Thursday and Friday a delegation from Chinese Pang Da Automobile Trade Co. will visit Saab in Trollhättan. This will be an important visit as the impression the delegation gets could affect Pang Da's decision whether or not to order 650 more Saab cars and also if Pang Da wants to carry on with the plans to invest EUR 65 million in Saab.

The purpose of the visit to the Saab factory is according to Victor Muller, to show the CEO of Pang Da, Pang Quinghua, both "current and future Saab products, the plant and the technical development."

"They will go around and visit the various departments. It will be a busy day,"  Eric Geers told TTELA. 

According to the web edition of Göteborgs-Posten, that Chairman and acting President and CEO of Saab, Victor Muller, has asked the Minister of Enterprise and Energy, Maud Olofsson, to participate in the meeting. A Governmental participation should send a powerful signal to China that Sweden stands behind Saab.

"The participation and interest from the Government is, especially for a Chinese company, an important factor in building credibility," Muller writes in an email to the Minister Maud Olofsson.

In the letter Muller points out that the Government's presence will not be about approving Pang Da's planned future ownership of Spyker and thus Saab, but is "simply a gesture by the Swedish Government to show that it has good relations with Saab and that there is a positive climate for the automotive industry in the country."

This afternoon (Monday) the Ministry of Enterprise and Energy had not yet decided whether to accept or decline the invitation and nor had they responded to Victor Muller's email. This according to Erik Bratthall, press secretary at the Ministry.