Saab News Sweden: Victor Muller and the suppliers

Tom 1 min read
Victor Muller
Victor Muller

The Swedish press today has one topic: Victor Muller and his payment proposals. In order to start the production, Victor Muller has made a payment proposal to the supplier. Saab pays 10% of accrued supplier invoices estimated at 500 to 600 millions of Swedish kroner.

Saab will pay the rest of the debt in September, according to Muller, there will be enough money then. In the meantime, interest is paid on the liabilities at 6%.

For current deliveries, Muller would accept cash payments until September so that a mountain of debt does not arise again. Hmm ...

The response in Sweden is not exactly positive for this proposal. The comments range from “we only have to pay 10% for a new Saab”Or“why not just pay 10% of wages" to "the misery continues".

A binding response from suppliers is requested by Saab to this day.

No, the suggestion is not good in my opinion either. Also and especially as a Saab fan. Maybe I'm too conservative too. Liabilities should be settled and one should deal fairly with its suppliers. The quota is too low, which supplier should find it good. Now why this suggestion, the situation has not changed in the last 2-3 weeks, in which one has stopped the suppliers.

The management finally ruins the reputation of the company with such untrue ideas. Does a Saab employee with a money case stand at the loading dock in the future and rush from LWK to truck? It reminds me of a Kaspertheater.

Too bad, because the products are more than great and the brand and the employees do not deserve this.

Do the suppliers agree? Everything is possible, but the bets are currently against.

Text: tom@saabblog.net

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3 thoughts on "Saab News Sweden: Victor Muller and the suppliers"

  • 🙁
    Is there really nothing more about VM information?
    A pity.

    @@ Gaston
    I also thought in that direction…. 😉
    From lawyer, to “manager” at a clothing company and “chief designer” at Spyker to “CEO” at Saab ... well ....

  • If one could examine his own (= Müllers) finances,

    Surely there would only be something positive to report

    a rogue who thinks something bad.

    : =)

  • Good Morning.

    Not quite 100% here, but I have a question (or I have been interested in this topic for some time).

    Is Victor Muller actually a good / serious manager or more of a “WIndei”?
    Is there good, extensive and above all serious, neutral reports in German somewhere on the net?

    If so in div. Forums (here too) or magazines / news / etc. reads, then there are some strong supporters, but also many sharp critics.

    What I could find out about Wikipedia via Wikipedia (eng / deu) is just that he
    - is a lawyer (and once worked for Baker & McKenzie)
    - Was a manager at an offshore company
    - Was a manager at “Schiffsfirma”
    - Was a manager at a fashion company
    - Co-founded Spyker
    - because even briefly was “design chief”
    - and well known as “Saab boss” is
    I read from time to time that his “financier in the background” is Antonov.

    Hmmm, that all sounds / seems to me “a bit different” (so as not to be almost dubious) than other automobile managers.

    So are there any good reports about VM?

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