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.

Tuesday, May 24, 2011

Saab closer to production restart

As reported earlier, the aim for Saab is to restart the production on Friday. But to restart production the supply chain of parts and components must be up and running. With more than 800 suppliers and subcontractors, this is a big task. But encouraging reports come in from different media. Today Reuters write that International Automotive Componentes (IAC), which is a large supplier of instrument panels and door panel systems to Saab, has agreed to restart the supplies.

"Now we can start deliveries as we have got a payment plan which means that we can handle the cost of starting our production for deliveries to Saab," Marcus Nyman, CEO of IAC Sweden said to Reuters.

IAC will however not reach full supply capacity by Friday.

Another supplier, Plastal which makes bumpers, has also agreed to restart supply according to NyTeknik.

Lear Corporation, which manufacture car seats for Saab, tells TT that they believes that an agreement with Saab will be reached shortly and then they will be ready to deliver supplies on Friday. 

Hopefully Saab will have come to terms with all the suppliers by Friday so that the manufacturing will be up and running when the delegation from Pang Da visits.