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.