dinsdag 27 december 2011

Victor Muller has not given up on Saab!

Victor Muller has not given up on Saab.

The CEO has spent almost the entire Christmas season trying to save the car plant.

(Update: There are now reports that the Chinese Dongfeng Motor is looking at Saab's bankruptcy estate.)

Just over a week ago, Muller was forced to give up and ask for Saab, "his passion" - according to himself, to be placed into bankruptcy. This is after months of negotiations with China's Youngman.

GM ceased their attempts to move forward with these plans, and it was a very upset Saab CEO who held a press conference at the factory in Trollhattan on Monday of last week.

Since then, Youngman, whose interest in the Swedish car brand has not wained, held talks with the receivers.

Exactly what the talks resulted in is not yet known, but it is clear that many Saab Speculators have heard from him [Victor Muller] [directly]. Victor Muller has verified this information with TTELA as recently as late last week.

Efforts to get Saab back on track have been going on for nearly the entire holiday season, writes Saabsunited.com.



On Tuesday, there were new reports of Dongfeng Motor, which previously had an interest in Saab, is one of the current speculators. This report is from wantchinatimes.com, referring to China Economic Net.

Dongfeng Motor, China's third largest car manufacturer is reported to work on developing its own brand. Saab's technology is considered to be valuable in the development process.

In the battle for the estate with Dongfeng is a [yet unnamed] Turkish company.

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