Swedish Government Had Good Talks With GM Yesterday

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

Bloomberg reports that the meeting yesterday went quite well for Saab’s sake that involved the Swedish Government and GM officials.

Swedish officials, including State Secretary Joeran Haegglund, the government’s main liaison to the auto industry, visited GM in Detroit yesterday to explain how Sweden can guarantee a 400 million-euro ($580 million) loan for Saab from the European Investment Bank, the European Union’s lending arm, said Haakan Lind, a government spokesman.

The Swedish representatives held “good” talks with GM officials, Lind said in a telephone interview today. The officials discussed how fast the loan can be guaranteed, depending on which bidder gets to buy Saab, he said.

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One Response to “Swedish Government Had Good Talks With GM Yesterday”

  1. max

    12. Jan, 2010

    My understanding is that Ed Whitacre did not even meet with the Swedish officials. Just another display of GM =ARROGANCE

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