Has the wind turned? In Sweden, a discussion about a production start at Saab gets underway. Last week, hardly any of the local publications saw a chance of survival for the brand, today one argues about a possible start date.
Victor Muller would like to restart production at the Saab Trollhättan plant this year. Permanent, mind you. A difficult goal, because it is ambitious. Many suppliers will have to hire staff first, some of the suppliers are in serious difficulties, a few are in bankruptcy or at risk of it. The suppliers do not see production running until next year. So the new head of the Swedish supplier industry, Fredrik Sidahl. Svenake Berlie, long-time head of the association and an always committed campaigner for Saab and the Swedish supplier industry, has retired.
However, as soon as Saab is on firm ground, which should be in late October - early November, the suppliers will start. Production at the end of the year is possible, but not certain.
Some of us are waiting for Saab ordered for a long time. Production at the end of the year is hard and painful, as many have now bought the old Saab from their leasing and wait, wait, wait. The loyalty is more than great, and those who have been patient for a long time should stick to the next few weeks and months. Somehow ;-).
It is more important that the phase of permanent uncertainty is soon overcome and the future appears secure. The price of the "Swedish Automobil" share has already heard the wake-up call. In Amsterdam, the increase was over 50% at times, but then fell slightly. The paper is currently quoted above one euro.
Stock exchanges anticipate the future and reward positive developments. We should too.