Sweden’s SVT Recaps Saab Automobile Press Conference

Posted on 20. Feb, 2009 by in 2000-2009

Sweden’s SVT recaps the Saab Automobile AB Press Conference that was held this morning.

Interesting to hear the Opel will be paying for the tooling for the new Saab models says Jan-Ake Jonsson today during his speech.

So clearly, there will be some direct collaboration with Opel during this road to independence and presumably after as well.

Reassurance to suppliers
Updated February 20, 2009 – 17:14

All suppliers of Saab was in the afternoon a reassuring message, stating SVT’s Västnytt. GM has purchased all supplier claims in the Saab, and will replace them.

Announcement was made by GM’s global purchasing director Bo Andersson. According to Dagens Industri on the network, the debts of 1.7 billion.

In addition, all tools of the new Saab model will be paid by Opel.

BTI removed at a stroke the economic disaster that threatened several of the automotive industry suppliers.

According to Dagens Industri, the approximately 1.7 billion.

“It’s Not quite pitch-black”

-There is a huge relief, it feels not quite pitch black anymore. My up in all sorrow, this means that we avoid bankruptcy because of this. But we can not inflate the danger over, we have the basic dramatic situation that many companies have liquidity problems in general, “says SvenÃ¥ke Bergli, president of FKG, to TT.

During reconstruction, the current supply will be paid by Saab.

-There will be the administrator to control. No supplier will deliver without being completely sure of getting paid

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