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.

Wednesday, December 28, 2011

Turks expected in Trollhättan shortly

A party from Turkey is expected in Trollhättan shortly to look over the Saab assets. This according to Dagens Industri.

In Trollhättan the Turkish delegation will meet bankruptcy administrator Ann-Marie Pouteaux and Saab's former CEO Victor Muller. It is unclear if the Turk are interested in restarting Saab production in Trollhättan or just are after the assets of Saab.

Already in Sweden is the Chinese company Youngman, which is working intensely to assess the different parts of the bankruptcy estate so that the company can eventually make an offer to the bankruptcy administrators.

"At the moment we are working intensively to evaluate the status of the bankruptcy estate and how Youngman should formulate a response to the bankruptcy administrators. That's all I can say at the moment," lawyer and spokesman of Youngman John Nylén said to Swedish Radio.

Earlier we have also gotten reports that Chinese automaker Dongfeng Motor Group and Canadian auto supplier Magna International are interested in the estate. But no more information has come concerning these two parties.