Tag Archives: Joran Hägglund

An Official Update From Saab Automobile Today

Posted on 11. Jan, 2010 by .

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This official update just in from Saab Automobile to Saab History about their status as of this afternoon 3pm EST /9pm Sweden

Proposals for Saab are still being evaluated. A group from the Swedish government led by Joran Hägglund met with GM in Detroit today at 1100 local time with the aim of discussing Saab in detail – a clear out-take from the meeting is that Saab is still for sale. As you know there are a number of dynamic groups who see the potential in Saab and they are working hard to buy us – we look forward to a positive outcome.’

Meanwhile as you know production in Trolhättan started up again after the holiday break. The Saab 9-3, 9-5 and next gen 9-5 were all built today.

Also we will see the first Trollhättan Convertible roll off the line tomorrow and it is planned to get some images, in addition there are 3 new images on the media website which show the next gen 9-5 being built.

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Swedish Government To Review Bids Throughout Weekend

Posted on 09. Jan, 2010 by .

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Sweden’s TTELA indicates that the Swedish Government’s Jöran Hägglund and his entire Swedish Government cabinet group will be spending all weekend in Detroit going over the bids to buy Saab that came in Thursday night.

He indicates that there are reputable buyers as we know and will discuss which ones have or will receive the okay to obtain the EIB loan guarantees, the critical aspect to the bidding.

All it takes is one to receive the guarantee and then, signify they are the buyer and ensure that they sign the deal and complete the sale ASAP!

Here is the article below loosely translated:

Jöran Hägglund hasn’t given up.

Joran Hagglund has not given up going to Detroit.

Secretary of State Joran Hagglund has not given up hope that Saab can find a new owner.

Related-We ‘re not going to Detroit to talk about how a settlement should go to, “says Hagglund.

On Saturday he goes to the U.S. for a few days to meet GM’s and Ford’s lines and discuss the future of the Swedish automotive industry and the two companies.

Have seen the basis for bids

Hagglund said he has seen preliminary data from the groups that reported bid to buy Saab.

There are many reputable people, “says Hagglund, but added that he will not and at this stage want to comment on whether he believes that the bids are genuine or not.

– We shall see what we can do that, if possible, contribute to positive sales of Saab, Hagglund said before his trip, but added:
[…]

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An Update From Saab Automobile On Saab Status

Posted on 07. Jan, 2010 by .

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A Saab Automobile update has been sent. Take a look below, no real news here, but it’s important to have this down for the record.

Interesting, a new name in the Swedish Government, Hans Linblad, perhaps we should contact him too in addition to the others. I could not find his name on the Swedish Government’s website however.

Below is a recap sent to Saab Employees in Sweden, loosely translated.

move

Parallel work continues

As you know the company is working on with plans for a structured settlement and parallel GM evaluates the bids coming in from stakeholders. There is much speculation in the media, we can not comment right now. We await the decisions coming from GM.

Government representatives to Detroit

A delegation from the government and the business department with, among others, Secretary of State Joran Hagglund and State Secretary Hans Lindblad, Department of Finance, will travel to Detroit this weekend to meet with GM. The delegation also travels to Detroit to meet with Volvo owner Ford.

Saab Owner outside GM’s headquarters

On Twelfth Night were American Saab Owners outside GM’s headquarters in Detroit to show their support for the sale of Saab. This has received attention in a variety of media. Listen to the video on Saabhistory.com. There you can hear, among other things, interviews with a Saab Owners who traveled 14 hours to participate in the operation in Detroit. Images are also available in Saabsunited.com and Jalopnik.com

“If there are enough Saab owners and enthusiasts parked outside of the GM Renaissance Center in Detroit, perhaps we could really show them how serious we are in wanting Saab Automobile to have a bright future and ask the enthusiast,” said Ryan Emge, editor of the independent saabhistory.com news site, view the activity on Tuesday.

It is also planned various activities in Europe on 17 January. Swedish Saab Clubs will gather on the Saab Car Museum in Trollhättan and drive in convoy through and out of Trollhattan Saab Automobile. Although Dutch, Belgian and British Saab Clubs cortege will form with the objective of influencing a sale is made by Saab.

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Today Marks The Final Day For Parties To Submit Bids

Posted on 07. Jan, 2010 by .

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Today marks the final day for the interested parties to submit their bids. Here’s hoping there some positive result with the bids.

There are two new anonymous Swedish bidders that have apparently entered the pool of candidates recently and want to get their proposals into Deutche Bank today, who have been handling the process for GM, according to Reuters.

It is my understanding that without any secured EIB statement from the Swedish Government to any party, the bids will once again be rejected. Here’s hoping I am wrong on this matter, but all comes down to that.

Here’s a piece below by Reuters discussing today’s deadline for the bids.

STOCKHOLM/AMSTERDAM, Jan 7 (Reuters) – Bidders in Sweden and the Netherlands made last-ditch efforts on Thursday to buy General Motors [GM.UL]-owned Saab, as the deadline for its sale loomed threatening the Swedish car brand with closure.

Two anonymous Swedish groups are likely to enter last-minute bids proposing management buy-outs of Saab, a Swedish business daily reported, quoting a Swedish official.

Dagens Industri quoted Joran Hagglund, Sweden’s state secretary for industry, as saying the bids are likely to meet today’s deadline, though neither group had been able to show it had the financial backing necessary for a purchase.

“We have had contacts with several different groups since the 18th of December, among them three from Sweden,” Hagglund told the paper. “I should think that at least two of them will submit bids to General Motors during Thursday.”

“The problem is that none of them can show that they have financing in place,” he said, adding that Koenigsegg, which retracted its bid late last year, was not one of the groups.
[…]

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Swedish Government Needs To Grant EIB Loan For Bidder, Failing To Do So Will Likely Result in GM Not Accepting Bid

Posted on 07. Jan, 2010 by .

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It has come down to this. The Swedish Government needs to grant the EIB loans to any of the interested parties so that they can buy Saab. Failing to do so, GM will likely reject all incoming bids.

It’s clear that when GM’s CEO indicated that the parties have not shown the money, they were really referring to the EIB loan. It’s the EIB loan that gives GM a secured funding source for a number of years.

If the Swedish Government think that all they need to do is provide more information to these parties and GM when they arrive on Saturday, they are totally mistaken. The Swedish Government needs to provide each party, an actual confirmation letter that they will be receiving the EIB loan within 90 days of closing a sales deal with GM. If they don’t do that, it’s pretty unlikely GM will again, accept any bid without it.

I strongly urge the Swedes to contact the Swedish Government and put the pressure on them to make this happen. The Swedish Government cannot afford to be indifferent to Saab Automobile any longer. It’s ultimately up to them. Time is of the essence.

If you are a Swede and you love Saab, you owe it to your country and to all of the people that have worked so tirelessly over the past year to ensure that Saab has a chance at survival.

CONTACT THE SWEDISH GOVERNMENT NOW!

Photo Credit: Regeringen

However, the decision makers for Saab Automobile AB appear to be the five individuals below, so copy and paste your message and get it out to all of them. This shouldn’t take more than 5 minutes of your time.

If you also want to call them directly through an international phonecall to really get through, you can call like others have requested Telephone Number (+46 08-405 10 00), and ask for the office of any minister you want to talk to.

link.jpg

Industry Minister Maud Olofsson:

I ask that you click on this link here (http://www.regeringen.se/sb/d/7452) and send her a message directly to Minister Maud Olofsson as others have already been doing since yesterday.

Maud Olofsson, Näringsminister, vice statsminister
Telefon work 08-405 10 00
e-post till Maud Olofsson, via registrator
Eva Ankersjö, Assistent
Telefon work 08-405 80 70
Titti Aunér, Statsrådsassistent
Telefon work 08-405 45 82
 
Sweden’s State Secretary Joran Hägglund:

I ask that you click on this link here (http://www.regeringen.se/sb/d/7452) and send a message directly to Secretary Joran HÃgglund.

Jöran Hägglund
Statssekreterare hos Maud Olofsson
work 08-405 10 00


 
State Minister, Fredrik Reinfeldt

I ask that you click on this link here (http://www.regeringen.se/sb/d/7452) and send a message directly to State Minister, Fredrik Reinfeldt.

Fredrik Reinfeldt, Statsminister
Telefon work 08-405 10 00

 
Social Minister, Social Party, Goran Hägglund

I ask that you click on this link here (http://www.regeringen.se/sb/d/7452) and send a message directly to Social Minister, Social Party, Goran HÃgglund.

Växel work 08-405 10 00
Fax fax 08-723 11 91
Besöksadress work Fredsgatan 8
Postadress postal 103 33 Stockholm

 
Finance minister, Anders Borg, Anders Borg.

Anders Borg, Finansminister
Telefon work 08-405 10 00
I ask that you click on this link here (http://www.regeringen.se/sb/d/7452) and send a message directly to Finance minister, Anders Borg.

hans
Hans Lindblad, State Secretary
Telefon work 08-405 48 39

I ask that you click on this link here(Regeringen.se) and send a message directly to Hans Lindblad.

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Swedish Govt Returns To GM HQ Next Week To Talk Saab

Posted on 07. Jan, 2010 by .

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Representatives from the Swedish Government will be arriving in Detroit on Saturday just prior to the NAIAS along with Saab and Volvo representatives to provide any remaining information the owners, GM & Ford respectivelyneed for the sale according to Reuters.

If I were the Swedish Government representative, I would prioritize Saab because it needs more care than Volvo’s non-dramatic sales process with Ford.

I hope all parties once and for all, get it done when they arrive in Detroit. I think all parties will be on the same physical location at the same time, so they best seal the deal.

Representatives from Sweden’s finance and industry ministries will meet in Detroit with Saab parent GM and Ford (F.N), currently in the process of selling its Swedish car unit Volvo Cars.

“As we understand it, GM has not closed the door to a sale (of Saab), even if the official line is a wind-down,” state secretary Joran Hagglund said.

“We want to make totally sure they (GM) have all the information they need.”

Dutch sports car maker Spyker Cars (SPYKR.AS), which wants to buy Saab, has said GM has set a deadline of Jan 7. for bids for the Swedish firm. [ID:nLDE603121]

Saab, which GM has controlled since 1989, posted a loss of $340 million in 2008 and is expected to have made a similar loss last year.

A deal with Swedish luxury car maker Koenigsegg to buy Saab fell through in late November and in December, GM said it would start winding down Saab’s operations though it would consider new bids for the firm.

Spyker’s CEO, Victor Muller, has said there are multiple parties still interested in buying Saab, which employs over 3,000 workers in Sweden.

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Saab & Spyker Meet With Swedish Government Today

Posted on 16. Dec, 2009 by .

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Photo Credit: Saab History

Goteborg, Sweden’s post indicates that Spyker & Saab Automobile are in a meeting with the Swedish Government today.

The people in the meeting are indicated to be Victor Muller of Spyker, Jan-Ake Jonsson of Saab Automobile and Joran Hagglund of the Swedish Government.

Here is the article loosely translated:

Swedish government in flash meeting with Spyker

General Motors has confirmed that the Dutch Spyker is the only remaining bidder for Saab. In short, the Swedish government meet with representatives of the Dutch sports car manufacturer.

– We are aware of the schedule last December, so it’s clear that we will do everything we can to really make sure that we, as negotiation, is the date, “said Secretary of State Joran Hagglund to Swedish Radio.

On Tuesday affirmed General Motors chief executive Ed Whitacre, the two options for the Saab. Either Dutch sports car manufacturer Spyker, who is said to be the only remaining bidder, over or so Saab is down.

“Unlikely”

Spykers CEO Victor Muller’s statement to the news agency, Dow Jones Newswire was more modest.

– I can not confirm that we are the only potential buyer of the Saab, but I think it is unlikely that there are other buyers left, “said Muller.

The Swedish government, which is well aware of the rough time frame, will shortly meet with representatives of Spyker. The government says it does not feel any pressure from General Motors.

– We have good cooperation with GM. We have been clear to them also about what kind of requirements we have. We want an owner of Saab, which is long and has a financial strength, “said Joran Hagglund

The government’s focus is now exploring whether Spyker has the financial resources needed to take over Saab.

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TTELA Reports: Spyker To Proceed To Next Stage

Posted on 15. Dec, 2009 by .

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According to TTELA, Spyker is to proceed to the next stage in the process to buy Saab Automobile.

General Motors’ process to sell Saab Automobile has taken another step. The European Investment Bank (EIB) and the government have received support to go in depth with one of the stakeholders.

– I know that the bank has given a name to work with and we have also begun to look at the candidate who is the main track, says Joran Hagglund, state secretary at the Economy Ministry, told TT.

For Saab to be able to get the loan from Bank of 400 million, approximately SEK 4.2 billion, the new owner must meet the Bank’s review. Government and SNDO review is to examine whether the state should provide the necessary loan guarantees.

– We will include an economic analysis and see where Saab will enter the business image of stakeholders. For us, the same requirements apply as before – the taxpayers should not suffer,” said Joran Hagglund.

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