Want an idea of what it’s like working at Saab Automobile right now? Last week we had a failed application for reorganisation of the company. Downer. Late in the week, we galvanised and employees heard that the executive team would spend the weekend preparing an appeal. Steady. This morning we announced a licensing and bridge finance deal. Upper. And then […]
The start of another rollercoaster week at Saab Automobile Read Post »
Trollhättan, Sweden: Swedish Automobile N.V. (Swan) and Saab Automobile AB (Saab Automobile) confirm that Swedish unions Unionen and Ledarna filed for bankruptcy of Saab Automobile. The court has received the filing, but has not yet rendered a judgment which could take a few weeks. —
Press Release: Saab Automobile Confirms Bankruptcy Filing By Swedish Unions Read Post »
Zeewolde, The Netherlands, 12 September 2011 – Swedish Automobile N.V. (Swan) announces that Saab Automobile AB (Saab Automobile) signed a technology license agreement with a special purpose vehicle named Swedish Automobile coöperatief U.A. (SPV). The license agreement relates to the non-exclusive rights in Saab Automobile’s Phoenix architecture technology for a consideration of EUR 70 million. As part of the transaction,
Press Release: SAAB AUTOMOBILE SIGNS EUR 70 MILLION TECHNOLOGY LICENSE AGREEMENT Read Post »
Below you’ll find a five-part series of articles called ‘In Saab’s Corner’. Right now there is a lot of talk going on about the financial side of this company. We’ve been beaten from pillar to post in certain markets and whilst some of that is warranted – we don’t shy away from our current problems – much of it not
In the car industry, it all comes down to product. The cars you’re offering to your customers. We currently have the biggest range of Saab vehicles we’ve ever had – and that range is getting better every year. Since being sold from General Motors, we have built and released the all-new Saab 9-5 Sedan. We’ve improved the Saab 9-3 with
On July 4th, Saab signed agreements with two Chinese companies, Pang Da and Youngman. The signatures on those deals converted what was a Memorandum of Understanding into a binding agreement that subject to approvals, will provide the stability, strength and reach into new markets that Saab needs to be a sustainable and successful car company. There has been some doubt
In Saab’s Corner – our deals with Pang Da and Youngman Read Post »
Much has been made of the damage done to our brand in recent years and there’s no denying that some of this is true, especially in recent months. In Scandinavia, the spotlight has been on this company in a way that I think it unprecedented for a car company and quite possibly for just about any company in Sweden. Amongst
This is a tricky one to tackle. How do you cover technology without covering stuff that you’re not actually allowed to talk about that much – future stuff? Nevertheless, I’ll give it a try. Saab have always had a good record of punching above their weight when it comes to innovation. Whether it’s early developments like heated seats, headlamp washers
They say that the biggest asset any company has is its people and Saab are no different in this respect. I’ve been connected to Saab people for a number of years now and it never ceases to amaze me, how such a small niche player in a little town in western Sweden can have such an attraction for supremely talented
In the past few days Saab Automobile AB’s CEO and Chairman Victor Muller has made statements that the company is in a position to make salary payments to its employees but would not be able to do so because of legal restrictions. These statements have unfortunately led to the interpretation that the funds would be available within Saab Automobile AB.
Statement: Further clarifications made by Victor Muller in respect of salary payments Read Post »
Remember a time when we used to talk about Saab Cars? I’m in the middle of a big series of posts right now, but I just received a reference to this road test from a friend in the US. I figured it’d be good to post it straight away. I first drove a Saab 9-5 mule in 2009 and right
