Today I was on the road with Saab, because at Saab Germany they work hard on the future of the Swedish car manufacturer and on the restart for the German market. In Sweden, on the other hand, the Swedish theater is still on and not much has changed.
At least if you look closely. The situation is not very clear and there is sometimes wild, blind actionism - but without a concrete result. The Swedish government offers to help, but without knowing how.
Others are strangely relaxed. Even my Swedish sources are still quite relaxed and see, as yesterday, a possible solution to the situation. This basically differentiates the current situation from the last weeks. A solution to the problems is tangible, but nothing is yet in the towel.
The Swedish press, on the other hand, is at a loss as to what can be seen from the published articles. You look for and sense the sensation - or solution - and find nothing.
The Reuters report from Administrator Guy Lofalk was decisive for today. Saab remains under the protection of the court and Lofalk hopes to have more clarity on the situation by the end of the week. The reconstruction continues and on November 22.11nd. is one of the really important dates. Then the creditors' meeting would like to know how the liabilities are being serviced.
Actually, I was hoping these topics would be a thing of the past. Behind the scenes is fought with hard bandages and we experience once again a thriller of the first kind. Some suggestions for resolution are on the table and we have to wait and see if the parties agree.
We have no choice but to wait. So, again, patience.