Tag Archives: Sergio Marchionne

Spyker Cars, Victor Muller To Speak At NAIAS Tuesday

Posted on 12. Jan, 2010 by .

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Photo Credit: Spyker Cars NV

Victor Muller, the CEO of Spyker Cars NV, will be speaking at the North American International Auto Show this Tuesday at 3:05pm as part of the Automotive News World Congress.

If you are new to the entire ongoing sale process with Saab Automobile, it should be mentioned that he has placed three bids for the company with the most recent submitted this past Thursday.

I am looking to find out who will be filming this speaking engagement to see if I can get us a chance to watch it here on SaabHistory.com.

Spyker’s Muller on agenda

On the Tuesday schedule will be Victor Muller, who will speak at 3:05 p.m.

Muller, CEO and founder of the Dutch sports car maker Spyker Cars NV, is involved in a bid to possibly acquire the Saab brand from GM. Spyker has looking at Saab since GM said last month it would wind down its money-losing Swedish brand after two decades of control.

Muller revived the previously dormant Spyker brand in 2000. As CEO, he is responsible for developing and overseeing the direction of the company and serves as the designer of Spyker’s hand-built sports cars: the C8 Aileron, C8 Laviolette and C8 Spyder.

Other speakers at this year’s congress include Ford Motor Co. CEO Alan Mulally, Chrysler Group CEO Sergio Marchionne, Penske Corp. Chairman Roger Penske and Bo Andersson, chairman of the Russian automaker GAZ Group.

The theme of the Automotive News World Congress is “Navigating the New Automotive Epoch.” The congress is Jan. 12-14 in Detroit during media week of the North American International Auto Show.

Read more: http://www.autonews.com/apps/pbcs.dll/article?AID=/20100106/OEM02/100109961#ixzz0cM2KnlAR

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FIAT Returns After 20 Years Since Saab Purchase Attempt?

Posted on 23. Dec, 2009 by .

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Sweden’s Realtid.se are reporting that Fiat is returning to the table along with Grimaldi & Jacob Wallenberg, the same people that were planning on selling Saab to FIAT back in 1989, before GM bought them.

This all feels like it was twenty years ago with the same players showing interest, but instead of the Wallenberg’s looking to sell Saab, perhaps they may be trying to help keep them alive along with FIAT?

The question here is, would Saab Automobile still welcome Fiat too? Remember in May, GM Europe were talking with FIAT!

It doesn’t look like an ideal situation, because of the corporate conglomerate idea of Fiat honestly. I do think Saab needs to be independent, not owned by a huge corporation once again.

Here’s the article. Thanks to Ted Y for sharing this with us here on Saab History today!

Googletrans of portion of above article:
Earlier on Wednesday reported Realtid.se to prepare a panel discussion on the future of the automobile on January 26, where among other Fiat chief will attend.

Grimaldi and Jacob Wallenberg said to have taken the initiative to the event, and when Realtid.se Find Grimaldi is found that the objective is much more than just organize a public panel discussion.

In fact, the idea is to get to a solution of Saab, which is that Saab could become a subcontractor to the successful car company in the world such as Fiat would be willing to let Saab produce selected models in the Saab factory.

According to Grimaldi, the Saab factory in Trollhättan and flexible production for different car models.
[…]

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Sweden’s Auto Motor & Sport Launch Saabometer For Visitors To Vote On Possible Saab Automobile Buyer

Posted on 28. May, 2009 by .

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Sweden’s Auto Motor & Sport Magazine launch a “Saabometer” for visitors to choose whom they think have the best chance as the ultimate buyer of Saab Automobile AB.

Interestingly enough, Renco tops the group, without even a mention of the other U.S. investor, Ripplewood.

Magna surprisingly, who said the were interested in Opel and not interested in Saab Automobile, also continue to show up on their list.

The three I see as more lucrative are Koenigsegg/Norwegian Government, Chinese investors (Geely or BAIC) or and this is a long shot, but Fiat.

I would be surprised to see any of the U.S. investment companies as well as Magna show up as a buyer at this point from all I have heard, but again, I hope to be proven wrong here with some news as to who the buyer is sooner than later.

Here are AM&S’s rationale for their polling below.

Renco Group, 100 km / h
Strong finances – owners of AM General, Hummer manufacturer. Perhaps the most logical, even if the owner Ira Rennert has some old skeletons in the closet.

Magna International, 90 km / h
Established cooperation on the 9-3 convertible and a fancy subcontractor who wants to have its own brand. Moreover, backed by Russian investors. Canada and Sweden? Should work!
[…]

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Fiat President Sergio Marchionne, Speaks About Saab Automobile Interest In Bloomberg Interview

Posted on 07. May, 2009 by .

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TTELA reports that Fiat chief, Sergio Marchionne who interviewed with Bloomberg recently, has said the following about Saab Automobile.

Fiat chief condemns Saab’s ability to achieve success on their own. “The Saab is too small” “says Marchionne.

“We could combine Saab with another brand, “says Marchionne. Saab has a network of dealers in the U.S. market. It would be a shame not to use it.

For starters, a while ago, I was interested in the thought about Fiat, Saab’s original planned owner back in 1989, coming about and being a new owner twenty years later.

However, with all of the dialogue about Fiat wanting to be a huge company, I now feel that it makes me think that we could be experiencing economies of scale that would loose sight on the intricate details of a unique Saab all over again with that kind of relationship.

There are a few things that scare me in what Marchionne said to Bloomberg, where he states “Saab is too small”, and secondly, that they would “combine Saab with another brand”, presumably opel? I believe that this idea, would clearly undermine all of the work Saab has done to become independent, so to do a 180 and undo a reconstruction process to independence would be ignorant, failing to see the forest through the trees.

However, the last of the three lines Bloomberg quoted Marchionne, I do agree with. The quote involves the dealerships where Marchionne says “Saab has a network of dealerships in the U.S. (225 to be exact), and it would be a shame not to use it”. I agree with this like I said, but using the dealership to merge Saab into the ether with another car (Fiat or Alfa) that gets huge economies of scale, eventually diluting Saab into a Fiat, then to dust, then I have to disagree.

I want Saab Automobile to live on as a car company, not an “engineering only” facility nor a past memory, I want Saab to continue their pursuit for independence free to plan, choose and think as they feel fit.

I leave you with the TTELA piece below.

While all the focus is directed against Fiat’s plans to incorporate Saab and Opel in a new major group, the Saab is working on with his own hunt for a new owner..

In parallel with the Saab-track continues to Geely paired with Volvo, which is also for sale.
Yesterday also clarified Fiat boss Sergio Marchionne its interest in Saab.
In an interview with American news agency Bloomberg called his Saab for “an interesting opportunity”.

Fiat chief condemns Saab’s ability to achieve success on their own. The Saab is too small, “says Marchionne.
– We could combine Saab with another brand, “says Marchionne. Saab has a network of dealers in the U.S. market. It would be a shame not to use it.

What Sergio Marchionne believes in combining Saab with another brand develops he is not in the interview.
Sergio Marchionne made his statements on the Saab in connection with a visit to the USA, where he is to discuss a merger with Chrysler.

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How Does Fiat’s Interest In GM Europe, Affect Saab?

Posted on 04. May, 2009 by .

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The news about Fiat’s interest in GM Europe is now getting some responses from people, including a Saab Automobile union representative in Sweden.

According to the local, Annette Hellgren, a union representative at Saab Automobile, said on Monday that a merger with Fiat would signal a change of direction for the Trollhättan-based firm. Current policy is for Saab to be able to stand on its own, independent of the the GM concern.

“This line of reasoning is new to us. We have not heard this before, I have to say. We have however heard that Fiat is interested in Opel,” Hellgren said implying that there may have been some misunderstanding in the media, or at Fiat.

I wonder if this possible change with Fiat & Saab Automobile, will be affect the existing reconstruction efforts underway? I have sent an e-mail into Saab Automobile to ask for more details.

I leave you with a brief snippet of the article on the local.

Swedish car maker Saab could become part of a new European car giant after Fiat CEO Sergio Marchionne expressed an interest in General Motors’ European brands.

Fiat has recently signed a cooperation agreement with US firm Chrysler and now plans to turn its sights to General Motors’ stable of brands in Europe, according to details emerging from an interview with Marchionne in the Financial Times.

This would mean that Sweden’s Saab could join Vauxhall, Opel, Alfa Romeo and Fiat models within the new firm.

“I can not comment these details,” Fiat spokesperson Eric Geers told news agency TT.

Annette Hellgren, union representative at Saab Automobile, said on Monday that a merger with Fiat would signal a change of direction for the Trollhättan-based firm. Current policy is for Saab to be able to stand on its own, independent of the the GM concern.

“This line of reasoning is new to us. We have not heard this before, I have to say. We have however heard that Fiat is interested in Opel,” Hellgren said implying that there may have been some misunderstanding in the media, or at Fiat.

The ambitious plans for a transatlantic car empire received the approval of stock markets with Fiat stock up six percent in Milan on the first day of trading after the reports emerged.

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Fiat says needs partner; could that be Saab Automobile?

Posted on 08. Dec, 2008 by .

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Reuters reports that Fiat says they need a partner. So, could that be the beginning of a reconnection to their previous collaboration of the past? That work included the Saab 600 as well as Saab 9000 CC.

As we know from the past, it was logical that following the partnership, Fiat was supposed to be Saab Automobile’s original owner in 1989. However, General Motors came in and purchased them in the 11th hour.

I have sent an e-mail into the folks at Fiat Group ascertaining more details of any possibility of partnering with Saab Automobile and here is their response.

Dear Ryan,

Thank you for your mail and interest in Fiat Group activities.

Most likely, you are referring to Mr. Sergio Marchionne’s interview in today’s “Automotive News Europe”. It’s a matter of fact that Mr. Marchionne comments and remarks dealt with motor industry’s issues on a global scale. Therefore, no reference to any specific partnership can be made and/or speculated about.
Thanks again for your very appreciated interest.
Best regards.

Gualberto Ranieri
VP, Communications, Int’l, FIAT GROUP
250 v. Nizza – 10126 Torino, Italy

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