Tag Archives: Director Opel Global Corporate and Internal Communications Telefon

GM Statement Regarding Stephen Taylor and Peter Torngren Appointments at Saab

Posted on 12. Jan, 2010 by .

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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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GM Selecting AlixPartners To Wind Down (Eliminate) Saab

Posted on 08. Jan, 2010 by .

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This is completely unacceptable, and mixed messages with bids coming in and production resuming on Monday and now this from GM.

Now GM is having someone else do their work to “wind down” Saab. If you read between the lines, this is a message to the Swedish Government who still don’t get it. They need to give these bids an EIB loan guarantee. If they don’t presumably, none of the bids will be accepted!

To learn more about AlixPartners and express your opinion about their partnership with GM to “wind down Saab”, check out their website and send them an e-mail by visiting their website here.

Here’s their press release below.

GM Statement Regarding Saab

2010-01-08

GM today confirmed it has selected AlixPartners to supervise the orderly wind down of Saab, and has requested approval of the selection by the appropriate authority in Sweden. The use of a wind down supervisor is a commonly-used process in Sweden and works in the interest of the shareholder.

The wind down process is expected to take several months, and will ensure that employees, dealers and suppliers are adequately protected. 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 also confirmed that it has received several proposals for Saab and is continuing to evaluate these proposals. This evaluation is not affected by the appointment of AlixPartners.

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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