Saab's mother Spyker has released a press release. The production stop continues, negotiations with the suppliers are ongoing and should be completed soon. The order backlog that Saab is announcing to the press is of interest. We are talking about “almost 10.000 orders”. That doesn't sound bad. The Saab press release from today:
Saab Automobile today has decided to suspend production at its production facility in Trollhättan. The seven-week production stop in April and May has not just affected Saab Automobile, but in other words its supplier base. While Saab Automobile is currently in the process of being set up for a long-term lease. These negotiations are expected to be finalized shortly.
Saab Automobile is working on a number of initiatives to secure further short and medium-term funding.
As announced in the press release of May 27th, Saab Automobile anticipated production hiccups in the start-up phase which Saab Automobile has in the last few days. Saab Automobile has decided to suspend production and will soon resume production as soon as possible ,
Victor Muller, Chairman and CEO of Saab Automobile, said: "We anticipated that we would not see a smooth inflow of supplies as of the day we restarted production," May 27th, and communicated that in our press release of that day. To deliver and deliver deliveries. Many suppliers are located outside Europe and re-stocking inevitably takes time.
Stabilizing our operations and our production in particular. However, it is not to be concluded that hiccups in the near future are fully back to normal. I reiterate our appreciation for our suppliers who are working with us constructively to come and put our production back on track. At this moment, we have almost 10,000 orders on hand, including those for the Saab 9-4X which is currently being built in Mexico. "
Seemingly, and that's good, you've learned from past crises and are more pro-active with the press. Attack is always the best defense. At least that takes the wind out of the sails of bad rumors.
Source: Saab Automobile AB