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Saab Automobile Has Prepared The Plan, GM Prepared to Inject The Money, Both Await the U.S. & Swedish Governments Decision on Tuesday, February 17th.

Posted on 16. Feb, 2009 by .

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According to Trollhättan, Sweden’s TTELA news company, Saab Automobile AB Sweden’s CEO, Jan Ã…ke Jonsson has finished the plan, GM is apparently prepared to inject the money up to $600 million from the EIB, but now both are awaiting the Swedish Government to provide their share of the $400 Million dollars.

Below is a rough translation of this article for your reference, if you can follow it:

Photo: Jerry Lövberg / TTELA.SE

jaj_300.jpgSaab has developed the plan. GM is prepared to inject money. Now the ball with the government. But it is urgent. Time is on its way to running out of Saab Automobile.

In the last working Saab’s CEO Jan Ã…ke Jonsson feverishly to get all the pieces in place, to convince GM and especially the Swedish government to support Saab’s survival plan.

As the clock is ticking on without any decisive event has changed from the grave to acute.

The pot is the company Saab and jobs. Many job. Perhaps the 15 000 jobs in the balance. Maybe even more.

On Tuesday leaving owner General Motors in its action plan to the U.S. Congress. It must be good, otherwise the whole GM aid package to save the group escape bankruptcy.

Where GM must also talk about what we can imagine with Saab.

Most TTELA spoken to agree that Saab-issue must be resolved before then. Otherwise, it’s hard to be positive about the outcome. Then the worst scenario of a very real threat.

The plan to save Saab there. It is developed by the company itself with CEO Jan Ã…ke Jonsson in the lead.
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