Saab News Trollhättan: Saab staff back to the factory

Saab plant Trollhättan
Saab plant Trollhättan

Saab employees are now called back to work. They start with the production preparations in the factory, which has been standing still for over five weeks. With the funds flowing from the new Saab partner Pang Da to Saab, a production start-up seems realistic. Pang Da is the largest car dealer or distributor in the People's Republic and sells its products in 23 Chinese provinces. The new partner will buy Saab vehicles worth 45 million, the transaction does not require approval from the authorities, said Saab CEO Victor Muller.

Pang Da is now making a payment for products that will be delivered in autumn to help Saab out of the liquidity crisis. If the business really goes that way, Saab history repeats itself here. Because the first series saab was also “pre-financed” by the then largest Swedish car dealer. Without this funding, there would never have been a Saab.

So far, only a “letter of intent” has been signed, but the information available makes us optimistic.

It can now take quite a few weeks until the production in Trollhättan gets underway, because simply flip a switch and turn on the light is not enough. In addition, suppliers must regain confidence in Saab.

Text: tom@saabblog.net