Saab Bankruptcy: The Youngman Plan

The most important factor is time. Youngman has understood and positions himself. While other potential buyers are still exploring the situation, the Chinese start the long march into the European automotive industry. Today Rachel Pang and delegation are expected in Trollhättan, a first meeting with the bankruptcy administrators is on the plan.

The investors in China bring along a plan that sounds (almost) realistic. Unlike Victor Muller, Youngman has read his Machiavelli and does not go to battles that can not be won. Youngman wants to save as much as possible from the Saab structure, development, design, tooling and production are to be secured.

Youngman plans to resume production of the Saab 9-3 Griffins to bridge the time-to-market of the new Saabs. The 9-3 is little burdened by GM rights, approval from Detroit would be possible. Unlike the new Saab 9-5 and 9-4x, the 9-3 is outdated and is not a protected property for Detroit dar. The plans for manufacturing the licensed products Saab 9 5 and Saab 9 4x has given up Youngman. That you would never get the green light from Detroit, you have understood.

The idea of ​​Youngman has charm. With a 9-3 Griffin manufacturing one could keep part of the staff and run the factory at least in base load. The dealers would continue to have a product and a source of revenue next to the spare parts business. Saab would be a brand with only one series - again - but with sedan, convertible, station wagon and four-wheel drive.

I personally could live well with an 9-3x and bridge the time to the all-new, GM-free, Saab 9-5. In addition, the Saab 9-3 is the bread and butter car with which in the past quantities were made. Why not?

Youngman's plan is almost realistic. To 90% so to speak. In China there is BAIC, which claims the rights to the Saab 9-3. With the old Saab 9-5 one has acquired the rights to the "old" pre-facelift Saab 9-3. The definition for this is sponging and has caused confusion over the last few months. This makes things political again, but controllable from Beijing. If the NDRC wants the purchase of the Swedish bridgehead for the Chinese car industry, so it looks, then BAIC will raise no objection.

As always, it's not over yet and the theme of Saab Automobile is picking up speed again. Maybe now comes the very last, serious opportunity. That a quick solution is needed, is certain. The bankruptcy trustee Duo today launched the layoffs to all Saab employees. The best minds at Saab are wandering off to Gothenburg or anywhere else in the world. There is little time left for the Trollhättan location and the global Saab infrastructure.

Because, we currently have no legal legal Saab dealer network. With the bankruptcy of Saab Automobile AB all old agreements are obsolete, each new owner must conclude new contracts. Also the Saab national companies, mostly branches of the Saab Automobile AB, stand now in a process of the dissolution. Any serious buyer should turn on the turbo.

As always, follow news if there is something to report.

Text: tom@saabblog.net

32 thoughts too "Saab Bankruptcy: The Youngman Plan"

  • Hello to all sympathizers;
    It's not going to be easy in these circumstances
    Office still reasonable to lead ... ..
    I always admire Tom as he manages to get his job and blog on the line. Thanks again, Tom !!!
    To top it off, my 9-5 Combi is also available with Elektronikmacke (GM part) in the workshop;
    Nevertheless, a merry Christmas to all
    SAAB enthusiasts.

  • OK, if the Chinese are really serious with SAAB and ultimately with us fans and buyers then I'll keep our fingers crossed for them and for the deal.
    The first "only" the 9-3 is built is not tragic, which is, after all, a great car.

  • The Youngman Lotus with this élan continues into the next round, is not self-evident - this great recognition!

    Still, it would be very interesting to see who the other parties are besides MAGNA, who have already "knocked". For this information from Sweden are urgently expected - dear bankruptcy trustee, please do not start secrecy (this would otherwise have a strange aftertaste)!

    A dream team would be in my eyes MAGNA with Youngman Lotus together: MAGNA takes care of the components and YL drives everything else forward. Super constellation against GM!

    Joachim

  • I think you confuse SAIC with BAIC. BAIC has bought the old models, but is not a GM partner!

    • Right, thanks!

  • Today is the longest night. From tomorrow, it will be the light. Rachel Pang could hardly arrive more symbolically. ??
    In all the important exchange of questions, I would like to think of the SAAB staff, who are finally in need of clarity these days, after endless back and forth. A clear YES to their jobs, a clear yes to the persistence. What could that be for Christmas ....

  • I do not find the deer project appealing ............. sorry ............. concerning the prospective buyer the question arises whether the insolvency administrator will not wait for all offers in order to make an optimal decision ............... ..and therefore the hope for a speedy salvation is in vain

  • Rising from the Ruins….?
    Youngman has aptly put the problem before everyone's involved. There is no time to consider many alternatives and their effects. Should there be any prospective customer who would like to receive SAAB as an automobile manufacturer in addition to the Youngman plan, this offer should quickly become public. Because every day that goes by unused will speed up the decline ...

    With all the tender hope that I bring the Youngman plans, I wonder why you are only today (48 hours after the worst case) on the ground. Did not you have, according to VM custom, always a plan more in the bag than you thought you needed ....

    Whoever embarks on the SAAB adventure should not forget: SAAB IS DIFFERENT. This motto does not just apply to automobiles. Also from this feeds our hope ....

  • one has written in su from the turkish government and or a big company since ...
    Magna .. and maybe Koenigsegg ...

    I would be reassured if Youngman manages to go through this plan ... too bad for the 95 ..

    but Saab better than no Saab ... and better now than rumzuschmeissen the leftovers.

    I keep my fingers crossed ... all.

  • I would not regret the GM models .. we see it rather as a chance that SAAB could construct proper Saabs again 9-5, 9-5 SC 9-4X without GM ... find that even more exciting and hope to celebrate a complete new beginning .. as Zbsp. a 9-4X without diesel in Europe

    • Even the big sedan could be improved a little bit by design - here also clearly the model with hatchback and big flap was missing.

      Full approval for the SUV - several diesel engines are clearly included.

      With the 9-3 you could get along well as a manufacturer. There are all variants - from the saloon to the station wagon to the convertible.

      Joachim

      • Agree with you! Only the Audi A7 shows that a hatchback fits into today's upper class, so made for Saab! In addition, unlike the 2 "GM 9-5", you have to remember the Saab features. So do not put 2 tons car, which represents only theoretical sporting ambitions, but a car that also impresses with agility and sportiness. Because when you think of Saab, you think first and foremost of sporty, safe and beautiful cars.

        • Hello dsc;

          I do not know how to come to your opinion about the 9-5SC. Have you ever driven one?

          LG Mark

          • Hi Mark,
            my uncle briefly had the 2010 9-5 2.0T, which I tried for a few hours. I do not want to devalue the car, I was positively surprised. Surely a good, if not very good and comfortable Reiselimosine and the performance was certainly sufficient at 220PS. However, the 5 meter length and resulting weight of 2 tons are being sacrificed in driving dynamics. As much as you've set the Drive Sense Sport, it's still a big, heavy weight limousine. But these key data do not just close to sporting ambitions. In these possibilities, the car drives certainly well and quickly. However, it did not succeed in making it a sporty car, which Saab has actually written in his story on the flag. I think the idea of ​​making the 9-5 so big came first and foremost from wanting to break away from the Insignia.

        • Since you can see how subjective an impression can be. Monday and Tuesday I have in my new 9-5 Aero Turbo 4 deer just about 1400 km drive düren. That was easy going. Safe, despite the night in the snow, quickly and thoroughly relaxed. (9,8 l) At home long distances. The A7 would have been the alternative. Is she safe even if man / woman wants to drive a mass-produced car. If he is better ???? I have four more SAABs in the garage, Viggen, etc. In short, every model has its own character. That's the strength. And one more thing: you can criticize the past SAAB / GM. You can not change them. And please do not forget, in the 9-5 development also outstanding German engineers were involved.

  • I can only agree with the topics of my prescribers. The 9-3 or 900 has always been the better car. The rigidity of the body alone was a dream with the old 900ers. The quality at Saab read 1990 after the entry of GM. And that consistently for all models. You can twist and turn as you like! I would be happy if everything came back from Sweden. Simply quality cars without GM contaminated parts. And why not just start with 9-3! On the subject of Youngman, who was already very correct. And again, he is still fully behind Saab. Therefore by my side, thumbs up, Youngman for President!

  • That's a real ray of hope for days. As Michael already wrote, the 9-3 is a great car and I love Saab because I drive a 9-3 2,8T SC. That would be a solution that could maintain the existing structures, and the brand does not quite disappear for 2 years. With 2 you do not have to laboriously start from scratch. Let's hope so that the bankruptcy trustee also recognize that it must be clear how it goes on, so that the existing structures can also be maintained. If it would work fine

  • 2 more years to manufacture the 9-3? No topic, long product cycles with continuous development were typical SAAB. It's a pity that the 9-3 would not necessarily be able to supply company / government vehicles, right?

    • Hello weenie;

      why not? I myself know at least 2 fleets 9-3SC in the closer environment. And they are all proud Saab drivers.

      LG Mark

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  • Hallo,

    Honestly, Saab could not make money with 9-3 and 9-5 and then it should work with a series? The series subsidizes from China? With the current customer base? Because you will not find so many new ones after all the cheese.
    I do not want to sound pessimistic but this is a pretty rotten branch on the Saab there wants to sit or climb. Because at the moment the colleagues in Trollhättan are not lying at all.
    What I find even better -> all of Saab's current models are from GM. A few months ago in some Saab Forum stupid jokes were torn like - "Oh god not another sack" or "Everything that came after the 9000 was nothing more". Habs also got to read when I bought an almost new 9-5. Now all at once the new Saab model are good? Even on the all-wheel drive Mexicans a song of praise is sung, which has so much with Saab on hat as a Big Mac with Smörebröd.
    For years, every new Saab model was badly talked or written, not to mention a new one was bought.

    Now some people wonder that Saab broke is? They would have bought a new one from time to time!

    Good night!

    • On the other hand, I am always amazed that you meet a lot outside the SAAB insiders circle, for whom SAAB is very positively posed and who do not doubt that they are great cars - even if they have suffered a bit under GM. The good question is how to get people to buy a SAAB and get excited.

  • I can only hope that there is some solution that Saab can live on. Unfortunately, I currently do not drive myself, but had already some. There is no car that excites me so much. I can not define why, but when I see a Saab, I always get sentimental.
    I do not give up hope, despite the difficult situation.

  • after several 900ern, several 9000ern I currently drive a new 9-5 aero 6 cylinder awd.
    the 900 is certainly unmatched in terms of "saabishness", the 9000 were a single catastrophe, with the exception of the engine, the current is simply a dream car and certainly the best saab since the 900. all current cars of this class are heavy, which is also related to today's demands, which have nothing to do with earlier.
    simply not being able to baeun this magnificent car would be more than a loss for the future.
    The Chinese are certainly not just the good people, as shown here. At the moment, the primary aim is to secure the millions with the right to the phoenix platform.
    Without the Chinese Saab would have been gone for a long time, without question, but the current view, I think a little blue-eyed.

    • > simply not being able to baeun this grandiose car would be more than a loss for the future. <
      I can only associate myself with. There is a market next to the mass-produced vehicles. Anyone who has ever driven with me from my business friends comes to think. Or better, to rethink.

    • I can only agree with Marcus. I am now driving my 4 SAAB (9-5 aero 2.8T / Hirsch).
      This car is by far the best SAAB for me. Workmanship very high quality, the performance is impressive. The handling is the predecessor (9-5 aero estate year
      2006) not comparable at all !!! The weight: A vehicle with this modern
      Technology, size and safety standards can not weigh more 1560 Kg !!!
      This car needs to be upgraded when in the woods of Audi, BMW and Mercedes
      want to poach.

  • Since 1983 I drive Saab continuously. currently a convertible Aero my 12-ter. u. Since that time I have been following everything about Saab. Origin of the current disaster are the Ami's say GM. It was already clear then that the Ami's Saab bleed out and that they have no interest in the further development of Saab. What came after the "real Saab's" were only the annoying old Opel. When I look at my 9-3 I see only Opel parts. The current 9-5 is also just an insignia. The further development with Spyker u. the Chinese could be tracked so far so well. Then again, the Ami's have put across and then came out the following. The Ami's do not care what happens to the 3.500 Saabians. These families are now out of work. This is even sadder than it should no longer give Saab. I therefore wish all employees that they quickly find a job again and I wish for the brand Saab and here I do not give up the hope that maybe still take an investor / s the brand and revive. Anyway, I would be involved financially.
    I wish all Saab driving a happy and blessed Christmas

  • The 9-5II can be further developed in Trollhättan under license. This new car, including the station wagon, certainly has sales potential. With only one model SAAB has no chance in the market. I wish all SAAB employees a lot of confidence and optimism. And thank you Tom once again for the great contributions and nice holidays.

    • As you know, but then no Chinese should hold the larger shares - this is now due to the anti-social behavior of GM unfortunately become clear.

      The VM has negotiated more and more with Chinese people without detailed clarification of this license obstacle, but it must be negatively chalked to him - so a large amount of time ultimately passed useless.

      If it still comes to the takeover by YL or another China company, the thing with a model series (9-3 sedan / 9-3 Combi + 9-3 convertible) is known to be time-limited - this would be already feasible.

  • uhem: the new saab 9-5 is certainly not an insignia, it speaks for the low number of identical parts.
    I know both - they are worlds.
    In the future, no matter how it is, there will never be an 100% saab because that would be priceless.
    saab, like everyone else, will probably have to serve more on the world market.
    It is synonymous me completely schnupppiepegal, in which other makes the same switches, safety belts, heaters, etc. are installed.
    an audi-driver does not complain about the fact that a lot of parts are also installed in vw's, skoda, seat and partly porsche.
    that's why it's still an audi.

  • Hallo,

    I find the statement of Marcus in terms of the common parts very apt.

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