Jan Ake Jonsson Speaks At Press Conference In Trollhättan

Posted on 26. Nov, 2009 by in 2000-2009


Dagens Industri and Swedish Radio West are both reporting on a recent press conference at Trollhattan’s Innovatum Tuesday night where Saab Automobile’s Managing Director, Jan Ã…ke Jonsson criticized the Swedish government for doing too little too late for his company.

Here is the article below.

Jan-Ake Jonsson excites Government
Updated 2009-11-26 19:36

The best thing government can do to help Saab is to help shorten the time for a new business as much as possible. It said Saab chief Jan-Ake Jonsson at a rare news conference in Trollhättan on Tuesday evening. He criticized the government for doing too little.

“We invested 28 billion, but what I know, it has been used only in one case. It goes well most things,” he said.

He was referring to a research project that AB Volvo entered in.

“But the rest did not rescue the promised loans or government guarantees exploited to date.”

The conditions are too tough, simply. A loan to be repaid after six months.

Saab Head would like to see the government under the conditions the EU will replace rescue loans to a reorganization loan, another form of loans with different terms.

“Then GM would listen,” said Jonsson.

He sees the passing of time for a new business which is extremely important, as vital for Saab. And he is hoping for a straight answer from GM’s board next Tuesday.

“Time is essential. Next week I’m hoping for a strategic decision. How do we proceed? It is important to make clear statements.”

He does not want to hear from Fritz Henderson and the others in GM management to adjourn for more detailed consideration.

Jonsson would not want to assess the possibility that GM makes a U-turn even in Saab’s case, as was done with Opel. There were Canadian Magna with the Russian finance group Sberbank turned down in the final stages of a business.

“But GM is now in an entirely new situation which must take into account

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