Posts tonen met het label youngman. Alle posts tonen
Posts tonen met het label youngman. Alle posts tonen
woensdag 23 mei 2012
Youngman out of the game
According to a Swedish source Youngman is out of the game of Saab Ab. Negotiations with the administrators have been stopped said a source involved in the process to di.se. Instead, another Chinese group called electric vehicle consortium took the tip and the advanced stage of negotiations. "The reason that Youngman`s out of the negotiations is that the administrators feel uncertain about the payments that are controlled by the Chinese bureaucracy and that they can take a long time" says Di`s source (Thanks to Chris Ivory for translating).
dinsdag 28 februari 2012
Saab news
Nowadays there is still a lot of "news" about Saab. Unfortunately a major part of it is just rumor. This is why no post is made the last days on this blog. "If you have nothing clear to say, say nothing at all" was written this week on SU, and I agree with them about that.
But yesterday (sorry, according to Swedish media) was the cut off date for bids for Saab. No Turkish bid, because they could not make an agreement with GM. But, mr. Qingnian (CEO from Youngman) still wants to buy Saab (according to svt.se). Youngman wants to build new Saabs in Trollhättan as I`ve written before.
According to him (mr. Qingnian) Victor Muller has too many parties invited to save Saab and if he had managed Saab wisely Saab would never had gone bankrupt. I disagree with him about that, without Victor there was no Saab at all. According to Youngman they`re ready to put 2 Billion SK on the table to buy Saab.
The rumor about BMW to save Saab is still not confirmed by the way. But we`ll know soon what happens with Saab, that is confirmed anyway. We know there is a good bid for Saab to (from Youngman). That is good news.
Finally. A part of the Top Gear show this week was about the history of Saab. It is not my most favourite Top Gear episode, but nice to watch anyway.
But yesterday (sorry, according to Swedish media) was the cut off date for bids for Saab. No Turkish bid, because they could not make an agreement with GM. But, mr. Qingnian (CEO from Youngman) still wants to buy Saab (according to svt.se). Youngman wants to build new Saabs in Trollhättan as I`ve written before.
According to him (mr. Qingnian) Victor Muller has too many parties invited to save Saab and if he had managed Saab wisely Saab would never had gone bankrupt. I disagree with him about that, without Victor there was no Saab at all. According to Youngman they`re ready to put 2 Billion SK on the table to buy Saab.
The rumor about BMW to save Saab is still not confirmed by the way. But we`ll know soon what happens with Saab, that is confirmed anyway. We know there is a good bid for Saab to (from Youngman). That is good news.
Finally. A part of the Top Gear show this week was about the history of Saab. It is not my most favourite Top Gear episode, but nice to watch anyway.
dinsdag 21 februari 2012
"News" about Saab
With a bit more then a week before the end of the month we`re all a bit nervous what happens with Saab. As I wrote last week, the administrators want to decide about Saab before or about the end of this month.
Yesterday the "news" came that Youngman comes with an improved (higher) bid. Today the rumor became stronger that BMW really is the European brand interested in the Saab factory (but I have wrote about that too last week). I cannot write more about Saab & BMW than I`ve done last week already. But that many Saabists like the idea is clear (read more about that in this article).
The rumor about BMW is still unconfirmed but that Youngman is determined to obtain Saab is clear. Read more about Youngman in this interview on SU.
Today the administrators (Hans Bergqvist and Anne-Marie Pouteaux) announced at the press conference that up to 15 stakeholders are interested in Saab. But only six to seven of those want to purchase the entire estate.
Yesterday the "news" came that Youngman comes with an improved (higher) bid. Today the rumor became stronger that BMW really is the European brand interested in the Saab factory (but I have wrote about that too last week). I cannot write more about Saab & BMW than I`ve done last week already. But that many Saabists like the idea is clear (read more about that in this article).
The rumor about BMW is still unconfirmed but that Youngman is determined to obtain Saab is clear. Read more about Youngman in this interview on SU.
Today the administrators (Hans Bergqvist and Anne-Marie Pouteaux) announced at the press conference that up to 15 stakeholders are interested in Saab. But only six to seven of those want to purchase the entire estate.
donderdag 2 februari 2012
Youngman bid for Saab rejected!
Sad news.
How fast can things go. According to different sources the Youngman bid is rejected. The receivers seem to hope for a higher bid and/or a better result when Saab is cut into pieces.
They have an offer from Youngman of several billion crowns now, let's wait and see if Brightwell (or Mahindra) can offer the receivers a better deal. All we can do now is wait and be patient.
There are rumours that Brightwell is in contact with GM and working on a bid. As long as it remain rumours it's maybe better not to give it much attention.
Click on the image of the Ursaab (on top) to see the latest post on this blog.
How fast can things go. According to different sources the Youngman bid is rejected. The receivers seem to hope for a higher bid and/or a better result when Saab is cut into pieces.
They have an offer from Youngman of several billion crowns now, let's wait and see if Brightwell (or Mahindra) can offer the receivers a better deal. All we can do now is wait and be patient.
There are rumours that Brightwell is in contact with GM and working on a bid. As long as it remain rumours it's maybe better not to give it much attention.
Click on the image of the Ursaab (on top) to see the latest post on this blog.
Youngman has placed the bid for Saab
Youngman did place a bid for Saab! They want to make cars in Trollcity! Let us hope their bid is high enough. What a great news! Museum is saved, the factory maybe very soon follows. Rachel if you read this: THANK YOU!!!!
Youngman launched its bid as early as last Monday, they really want to build cars in Trollhättan. The current bid is three billion (swedish crowns I suppose). Now the receivers are considering it. It`s still possible that Mahindra & Mahindra from India or Brightwell (from Turkey) make a better bid compared to the Youngman one. But it seems 2012 is the year new cars `ll be made in Trollhättan!
It is the end unfortunately for the 9-4X SUV (which was in fact a Mexican car and not made in Trollhättan) and the Saab 9-5NG. The 9-5NG is too much competition for GM apparently, they do not want to give Youngman (or anyone else) the right to build this great Saab. I for myself think it is still possible that GM changes his/her mind (nah, it is a his). There is a saying "if you can`t beat them, join them". It`s nearly a fact that they could not beat Saab, so... it does not make sense to see Saab as a foe instead of a client.
Youngman wants to build New-Saab 9-3`s and Lotus sportcars in the Trollhättan factory. The Saab factory is one of Europe's most modern and efficient factory for cars.
Click on the picture of the Ursaab on top of this page to see the latest post on this blog about Saab.
Youngman launched its bid as early as last Monday, they really want to build cars in Trollhättan. The current bid is three billion (swedish crowns I suppose). Now the receivers are considering it. It`s still possible that Mahindra & Mahindra from India or Brightwell (from Turkey) make a better bid compared to the Youngman one. But it seems 2012 is the year new cars `ll be made in Trollhättan!
It is the end unfortunately for the 9-4X SUV (which was in fact a Mexican car and not made in Trollhättan) and the Saab 9-5NG. The 9-5NG is too much competition for GM apparently, they do not want to give Youngman (or anyone else) the right to build this great Saab. I for myself think it is still possible that GM changes his/her mind (nah, it is a his). There is a saying "if you can`t beat them, join them". It`s nearly a fact that they could not beat Saab, so... it does not make sense to see Saab as a foe instead of a client.
Youngman wants to build New-Saab 9-3`s and Lotus sportcars in the Trollhättan factory. The Saab factory is one of Europe's most modern and efficient factory for cars.
Click on the picture of the Ursaab on top of this page to see the latest post on this blog about Saab.
maandag 30 januari 2012
Rare Saab 900 classic estate
Not much news about Saab today unfortunately. The Youngman delegation is in Trollhättan now, but the bid is not placed yet. According to Saabsunited at least 3 others are in the race for Saab. Let`s hope they do not wait any longer. It`s time for the trolls to go back to their work.
There is a rare 900 Classic Estate in the Trollhätan Museum, one of the two cars remaining. The other car, a red one, is in The Netherlands at the moment. The owner has to sell (due to a sabbatical), that`s why he has made a website about his car. From this website I`ve got these nice pictures I wanted to share.
This Saab 900 from 1981 slept in a showroom of a Swedish garage for 20 years before this dutch guy bought it.
The colour of this Saab 900 Estate is Cherry Red. The roof of this 900 has a few small spots (damage of the paint), but that`s it.
The Saab 900 estate has a 99HP engine of 1985 cm3 with a manual transmission. At the moment the car has driven 78.000 km`s(48.500 miles).
Click here for more pictures of this Saab 900 Estate. The complete car collection of the Saab museum is collected together on this pdf by the way. The "Trollhättan" Safari is on page 58.
There is a rare 900 Classic Estate in the Trollhätan Museum, one of the two cars remaining. The other car, a red one, is in The Netherlands at the moment. The owner has to sell (due to a sabbatical), that`s why he has made a website about his car. From this website I`ve got these nice pictures I wanted to share.
This Saab 900 from 1981 slept in a showroom of a Swedish garage for 20 years before this dutch guy bought it.
The colour of this Saab 900 Estate is Cherry Red. The roof of this 900 has a few small spots (damage of the paint), but that`s it.
The Saab 900 estate has a 99HP engine of 1985 cm3 with a manual transmission. At the moment the car has driven 78.000 km`s(48.500 miles).
Click here for more pictures of this Saab 900 Estate. The complete car collection of the Saab museum is collected together on this pdf by the way. The "Trollhättan" Safari is on page 58.
vrijdag 27 januari 2012
Youngman bid for Saab delayed to next week
My Swedish is not very good :), but as far as I understand it the Youngman bid for Saab `ll come early next week instead of this week. The Youngman bid was expected to come this week, but Rachel Pang had other plans unfortunately.
The entire Young's leadership is coming to Stockholm on Monday to meet with Saab's bankruptcy trustee (according to TTELA)
If it really is about the five billion as previously mentioned, however, is a question - it may relate to a lower bid.
With the delegation is the manager of the Automotive Division Rachel Pang and probably Youngman-founder Pang Qingnian, suggesting that it comes at a crucial stage of Youngman as stakeholders.
Read here the Swedish article.
There was also another Swedish article today about Steven Wade. But feel free to click here if you want to.
The entire Young's leadership is coming to Stockholm on Monday to meet with Saab's bankruptcy trustee (according to TTELA)
If it really is about the five billion as previously mentioned, however, is a question - it may relate to a lower bid.
With the delegation is the manager of the Automotive Division Rachel Pang and probably Youngman-founder Pang Qingnian, suggesting that it comes at a crucial stage of Youngman as stakeholders.
Read here the Swedish article.
There was also another Swedish article today about Steven Wade. But feel free to click here if you want to.
zaterdag 21 januari 2012
No information about the Saab museum yet...
According to Ttela there is no new information about the Saab museum yet (because of the press conference just now in Gothenburg).
It just about one month after the bankruptcy now and the managers Hans Bergqvist and Anne-Marie Pouteaux are giving a press conference in Gothenburg.
They have received over 500 bids for cars of the museum, they should be evaluated next week, according to Anne-Marie Pouteaux.
The Swedish delegation that visited China and Youngman for two days came back with good news. There is no doubt that Youngman has sufficient strength to buy and develop Saab Automobile with sustained production in Trollhättan, says Christer Palm, representing the Swedish and European Organisation for the subcontractors, according to the Financial Times.
The group, (also representatives of the region and other stakeholders were included), visited several of Youngmans factories in Jinhua and were told by the owner Pang Qingian and his daughter Rachel Pang, president of Youngman Automotive. They presented a business plan for the visitors, and plans, according to DI, to start a Saab factory in Jinhua.
It just about one month after the bankruptcy now and the managers Hans Bergqvist and Anne-Marie Pouteaux are giving a press conference in Gothenburg.
They have received over 500 bids for cars of the museum, they should be evaluated next week, according to Anne-Marie Pouteaux.
The Swedish delegation that visited China and Youngman for two days came back with good news. There is no doubt that Youngman has sufficient strength to buy and develop Saab Automobile with sustained production in Trollhättan, says Christer Palm, representing the Swedish and European Organisation for the subcontractors, according to the Financial Times.
The group, (also representatives of the region and other stakeholders were included), visited several of Youngmans factories in Jinhua and were told by the owner Pang Qingian and his daughter Rachel Pang, president of Youngman Automotive. They presented a business plan for the visitors, and plans, according to DI, to start a Saab factory in Jinhua.
woensdag 18 januari 2012
Production of new Saabs in 15 weeks?!
Rachel Pang from Youngman is scheduled to visit Sweden next week. Willing to put up 5 billion SEK, and another 5 billon SEK to develop the Phoenix platform/NG 900!
Part of the plan is to start up production of the Saab 9-3 in 15 weeks time. It seems that Youngman has found a way to work around the GM issues. Some parts of the 9-3 can be sourced through non-GM channels. The lawyer representing Youngman has said that the firm would seek to develop technology not controlled by GM.
If Rachel succeeds to obtain Saab (we all hope so) it is very important Saab`s heritage (the museum) remains alive. Please show your support by sending an e-mail with your details to museum@saabsunited.se.
Part of the plan is to start up production of the Saab 9-3 in 15 weeks time. It seems that Youngman has found a way to work around the GM issues. Some parts of the 9-3 can be sourced through non-GM channels. The lawyer representing Youngman has said that the firm would seek to develop technology not controlled by GM.
If Rachel succeeds to obtain Saab (we all hope so) it is very important Saab`s heritage (the museum) remains alive. Please show your support by sending an e-mail with your details to museum@saabsunited.se.
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