GM Statement Regarding Stephen Taylor and Peter Torngren Appointments at Saab

Posted on 12. Jan, 2010 by in 2010-2019

GM Statement Regarding Stephen Taylor and Peter Torngren Appointments at Saab

2010-01-12

GM today confirmed that Stephen Taylor and Peter Torngren have been officially appointed by the appropriate authority in Sweden as wind-down supervisors of Saab and in this role they will jointly replace the CEO and board immediately. They will meet with management, unions and other stakeholders, and will start working on a plan for an orderly wind down.

As stated previously, the wind-down process is expected to take several months, and will ensure that employees, dealers and suppliers are adequately protected. Also as stated previously, Saab customers can be assured that warranties will continue to be honored and that service and spare parts will continue to be available.

GM today also reaffirmed that it is continuing to evaluate the several purchase proposals it has received for Saab, an evaluation not affected by today’s official appointment.

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Tom Wilkinson
Tel: 313-667-0366
Mobile: 313-378-6233
tom.wilkinson@gm.com

John McDonald
General Motors Company
Phone: 313-667-3714
Mobile: 313-418-2139
john.m.mcdonald@gm.com

Stefan Weinmann
Director Opel Global Corporate and Internal Communications
Telefon + 49-6142 7-77339
stefan.weinmann@de.opel.com

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