Saab News: Small steps in Sweden…

Negotiations continue in Sweden, which the Saab official confirms. How serious the Chinese mean, you can see from the small developments. In the newly founded Saab Automobile Development AB, Youngman's representatives have joined the board.

Youngman's CEO Pang Qingnian and a representative are now represented there, as are Victor Muller and Martin Larsson from Saab Automobile AB. As announced, the new company will develop three new Saabs. The funds for this come from Youngman, the know-how from Saab.

Nothing new came from our friends in Detroit, let's wait and see what the big brother from USA has to say. The whole development is still hopeful for Saab, with blemishes, because the Chinese are steadily increasing their commitment.

For SWAN but it goes down and down. The stock price has landed today at 22 Cent.

Text: tom@saabblog.net

13 thoughts on "Saab News: Small steps in Sweden…"

  • Dear SAAB friends,

    I would like to fully support the opinion of Frank Urban.
    Chinese are by no means as reliable partners as many of you believe.
    Since the Indians have a much better culture.
    What Asians have been able to do in the construction machinery sector and later in the trucks before 35:
    Scrap everything and then offer it for a fraction of the western price on the world market.
    Nothing else should happen to SAAB.
    The top know-how cheap under the nail and then hopp.
    If they are honest, you would have been able to access and buy months before 6.
    But SAAB was not yet “dead” enough!
    Who seriously believes that VOLVO-Göteborg will run cars in 10 years ago?
    Where already the second plant in China is planned.
    In order not to give the wrong impression:
    I have 3 SAABs “in the stable” - but the thought of Asian owners worries me.
    And nobody turns me around.
    But that's why you do not have to go straight to the heads.
    Just listen and think about it.
    Best regards,
    Peter Witzel.

    • Hello Peter,

      In the end nothing worked under GM America either - and they are still in the process of not giving out the licenses !!

      In order to be able to offer VOLVO or SAAB on the world market at all, it has been proven that no US corporations can help - only financial strength from the Far East will help here.

      Europeans or Indians can only be ticked off as wishful thinking in relation to SAAB - in order to be able to see the griffin on new cars in the future, we should not paint too negatively with regard to Youngman Lotus. Just observe, but also see that alternatives are actually not available at the moment.

      Regards
      Julie

  • Hello Joachim,

    I would like to contradict you, but it is also nice and controversial to discuss controversially.

    GM is in a great position today - not because of the changes in the program but simply because the structure was no longer sustainable. Keyword trade unions and pension insurance or burdens. The purely operational business wasn't the problem insofar as it wasn't really the lousy management. These are really just pretended reasons. You cannot suddenly make profit in 12 months with old models and production facilities. They just shook off the outmoded old structures - of course the old management should have acted earlier.

    Volvo suffered a loss of 105 million last year - not a shining example, just like the products that have developed from the formerly clearly positioned V 70 to round, soft-washed everyday vehicles. And access to the Chinese market is still poor.

    Sure what makes Tata with Jaguar and Range Rover is really first cream and incredibly good. And an absolute masterpiece of workmanship that does not have to be the sheer size. So at least here's an example of SAAB

    But again: I don't think the technology sell-out is great. Here I would like to point out again what only the licenses and tools for the old 9-3 and 9-5 achieved. If I remember correctly, well over 200 million ...

    By the way, the technical platforms for 9-5 and the 9-4 have nothing to do with Made in Sweden. Rather the design. And do not be angry, but sometimes I just feel that our discussion here is too one-sided.

    That's why I have a critical tone even if I love Saab

    • Hello Frank,

      I read a few days ago from the Financial Times GM reports that GM has fallen far short of expectations (little growth and no rosy outlook for GM).

      This is probably also the reason for the fear of competition and they shy away from so-called competitors who want to (and will) position themselves as global as GM itself. But that also fits the GM product range - unfortunately there are hardly any highlights here after the SAAB sale. Which somehow again suggests weak management.

      Joachim

      • Hello Joachim,

        well after 2 billion USD in the same quarter last year, the profit of GM in the last quarter 2011 at 1,7 billion USD (message today online the FTD).

        Greetings Frank

        • Frank,

          the numbers are correct - but the numbers are based on the whole year (not for a quarter).

          The 1,7 Billions are an intermediate for 2011 so really little growth (now everything is pushed back on Opel, because there were supposedly high losses).

          None of this is really rosy - the mass manufacturer VW is in a much better position.

          Joachim

          • Joachim, that's exactly this point of view that strikes me: GM is always bad and was bad for Saab, but the products that were developed under GM are now great ... but it doesn't matter, to portray it correctly for everyone:
            Group-wide, EBIT fell to 2,2 (2,3) billion US dollars. Net income declined to 1,7 (prior year: 2 billion or 1,03 US dollar per share), clearly outperforming market expectations of 0,96 US $, and revenue rose 7 percent to 36,7 billion, thanks to solid North American business. Dollar.

  • Hello Frank,

    The big difference between Youngman-Lotus in China and GM in the USA is for me the following: GM never recognized the potential of SAAB and then wanted to get rid of SAAB along with other group sisters because of the GM bankruptcy (due to particularly lousy management) - Youngman- Lotus has recognized the potential very well and will promote SAAB accordingly. The technical knowledge made in Sweden (not made in USA - as GM always pretends) goes to China is okay. That works great at Volvo too! Jaguar with Indian owner Tata would be my next example.

    If it should be for you a purely European car, so would be enough on offer.

    Neither Jaguar nor SAAB or Volvo have access to Europeans - we should be happy about the Chinese or Indians, because at least they have understood that this is about real pearls of the auto industry!

    Joachim

  • Hello everybody !

    Somehow it astonishes me that here in the forum hardly critical voices appear. After all, the enemy's GM must be allowed to protect the billions that have gone into development.

    If everything from GM was and is so bad, why is the eventual “departure” of GM models like the 9-5 and 9-4 weeping afterwards. It's just GM stuff and nobody wanted that anymore - now the models are 100% Made by GM all great.

    I love my Saab's over everything, but I say honestly; if Saab is just used to suck technology, then I'm more European. I hope you do not offend me * smile *
    😉

    • Do you really think that technologies are being vacuumed? Sorry, what Tom writes does not sound that way. So maybe there is no discussion

      The products, like 9-4x and 95-, for which GM has its fingers crossed, have been largely developed by SAAB and are as good as I was able to experience. That's why we cry.

      Frank, keep cool.

    • Although I'm not an administrator, but critical voices are in my view allowed and welcome (so I appreciate the blog anyway)

      Your arugments have something true. Especially the contradiction regarding the models 9-5 and 9-4 I have been cross-eyed somehow. On the one hand horny SAABs, on the other hand GM.

      Probably the (perhaps not always objective) Brast on GM is due to the fact that they have treated our favorite brand so negligently in the last 20 years and then wanted to “unwind” at the end to top it off. TRANSACT! - This word alone lets you open the knife in your pants as a SAAB fan. And that's probably what hurt the SAAB fan soul deeply ...

      • The question for me is who developed the 9-5 and the 9-4x? Is it GM or is it SAAB developments? If it is SAAB developments, then GM uses this as the parent company. On the one hand this is almost common in corporate structures, on the other hand it is just howling. Why? Because right now a corporation adorns itself with the feathers of a development department that would like to have - but not have.
        If it is a GM development, then the procedure from my point of view is fine. And then I take my hat off that GM actually manages to build two great cars. Only the question then is, why did you want to get rid of SAAB ????

        Best regards JoPe

  • Hi all!

    Now it looks as if Youngman Lotus + SAAB Automobile without the brakeman GM (who may have shot himself by his behavior in his own knee) will act.

    The question is how quickly the new development division “SAAB Automobile Development AB” (see SAAB News from Tom + latest information from SaabsUnited) could fill the gaps that would result from a license withdrawal.

    The current 9-3 model could continue to be built in all variants until it is replaced by the new 9-3 (is largely without GM licenses) - the 9-4X + 9-5 models, however, not in the manner planned so far. Until the completely new developments, another larger model above the 9-3 (possibly on its basis) would have to be created temporarily. If the body and technology are typically SAAB, this model could even continue to run alongside the completely new developments for a certain period of time.

    Of course, it would be a shame about the current models 9-5 + 9-4X - should it turn out like that, you can thank the brakeman GM for it!

    Greetings from Hamburg
    Joachim

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