When tidying up yesterday's press release, Victor Muller's interview with SVT Asian correspondent Niklas Sjörgen caught our eye. Sjörgen interviewed Muller yesterday after his press conference.
When asked about the reasons for the short relationship with Hawtai, Muller said, “I'm sorry. I was sad that the contract with Hatwai broke and Hatwai said it was for economic reasons. That is simply not true". The reasons are, according to Muller, the lack of approval from the Chinese government.
Hatwai had told the press in a first statement the poor economic condition of the plants in Trollhättan, but put it into perspective a little later.
The contract with Pang Da does not need the Chinese government's approval in the first stage, Muller said, only in stage two would approval be needed. Pang Da is paying € 5 million to Spyker 65 for which he will receive 24% of the shares in the Saab mother. This requires approval from both governments, the EIB and GM.
If the contract fails, Saab will have to repay any funds already received. But, according to Muller, that does not have to happen right away, you have six months to do that.
When asked by the reporter about starting production, Muller replied: "I think we can produce again within a week, but it can also take a little longer".
According to Muller, the contract with Pang Da is more far-reaching than the agreement with Hawtai and gives Saab more air because Hawtai first purchases 1.300 cars and pays in advance.
“We now have enough time to look for a third partner to build cars with us. Saab and Pang Da will choose the partner together, ”said Victor Muller.
So Saab is not yet at the end of the search and the management under Muller has realized that you need a strong industrial partner.
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Source: Niklas Sjörgen / SVT