Tag Archives: Hakan Lind

Swedish Government Talked With Fiat About Saab

Posted on 05. May, 2009 by .

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Photo Credit: Regeringen

Reuters reports that the Swedish Government has had contact with Fiat on Saab Automobile.

I would be very interested in hearing more about the details on this dialogue with FIAT at this time, and if it affects the existing Saab Automobile reconstruction process.

I am also curious if any, Maud Olofsson’s remarks were as well. I still haven’t heard about what her dialogue with Rob Bloom at the U.S. Treasury was, when she made her visit to Washington, D.C. late March. I hope to hear back about that dialogue too! from those folks as well.

Here’s the piece from Reuters below.

Swedish govt says had contact with Fiat on Saab
Mon May 4, 2009 11:59am EDT

STOCKHOLM, May 4 (Reuters) – Sweden’s government confirmed on Monday it has had contact with Italy’s Fiat (FIA.MI) regarding General Motors’ (GM.N) struggling Swedish automaker Saab.

“We have had contact with Fiat,” said Hakan Lind, spokesman at the Ministry of Enterprise, Energy and Communications. “The meeting was about Saab.”

Lind said the government had been in contact with Fiat a couple of weeks ago, but said nothing concrete had been decided. He declined to provide any further details.

The carmaker won more time to restructure in early April when a Swedish court extended the period in which the company is protected from creditors. GM has said it plans to cut ties to Saab by the end of the year.

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