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.

Friday, November 4, 2011

Latest in the world of Saab

The past days have been peacful when it comes down to Saab news.
Yesterday word came thorugh about the committee of creditors in connection with the Saab reconstruction. The committee will consist of five members. Anette Hellgren from the labor union Unionen at Saab and Håkan Skött from the union IF Metall will be part of the committee together with one person from the Swedish tax authorities, one from the company Semcon Caran and one from the company GMAC Financial Services. The members of the committee will be advisers to the reconstruction administrator and they are to represent all creditors.

"We have tried to make sure that the different interests are represented and we think this is a good composition. But I want to stress that the committee are composed of people and not companies," Stefan Nilsson from Vänersborg District Court told Swedish news agency TT.

From the committee to the king. The king of Sweden, Carl Gustaf, pay tribute to Victor Muller and the work he has done for Saab. The king has followed the Saab saga and tells Dagens Industri that Muller deserves credit.

"He has really hung in there and fought till the last. That I must say. He has not given up. I do not understand how a man can have so much energy and find new solutions. I think that's impressive," the king said to Dagens Industri according to TTELA.

"I do not know what this will leads to, if the last solution will hold, I do not know," he continued.

The king also expressed compassion with the employees, who have lived in constant uncertainty about the future.

"We must keep our fingers crossed. There are still a lot of knowledge and talented people at Saab. There is a lot that a good buyer can make use of."

The king also expressed belief in the new Chinese owners and said that he China is a large country and there should be a good chance for Saab to succeed in selling cars there.

"Let's hope it works out."

Yes, I can not agree more, king Carl Gustaf!