At the moment it is difficult to keep track of the current situation. In mails from Swedish friends the frustration and the resignation can be felt. Everything is waiting for the redeeming message for Saab, the approval for the reconstruction process.
The supplier associations, CLEPA and FKG yesterday welcomed the court's decision. Because they see a successful reconstruction as the only way to strengthen the automotive industry in Sweden in the long term. You are probably right, because another actor has spoken out and has doubts about Saab CEO Victor Muller's plan “D”.
The friendly officer of the Kronofogden, who has been trying for weeks to recover claims has been forgotten something. Now that 70 is about to receive millions of dollars from Lotus Youngman, he is listening. The Kronofogden can, according to the note, also seize the money reserved for wages, salaries and taxes and thus settle claims.
The October wages would possibly be collected and without reconstruction the license money from China would be completely defenseless.
This would probably not work the D-plan, which does not come from Saab. The press office yesterday denied the D-Plan, which went around the world via Reuters, TT and other channels. No comment from me.
Okay, IF Metal is going to the bankruptcy judge today as announced and will be filing for bankruptcy petition for the members. Otherwise nothing new. At least not really.
There is a Saab story about the IAA 2011 in Frankfurt with many question marks and speculations that will be published as soon as my “Real Life” desk has become a bit clearer.
The taz is a farewell article for Saab, which strikes soft notes between the lines and is interesting to read. Because the article also says a lot about the state of mind of the Saab dealers and draws a picture that reflects the mood of the emails to the blog. Despite, or perhaps because of, the difficult situation, there are still many companies behind the Swedish brand.
Many hope and believe in a new start, in whatever constellation. Finally, the view to Amsterdam. Swedish Automobile records around one euro. Hmm.
The stock is as indecisive as the news. Anyway. Let's wait.