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 Unlike the new Saab 9-5 and 9-4x, the 9-3 is outdated and is not a protected property for Detroit dar.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.
Youngman's idea has charm. With a 9-3 Griffin manufacturing, you could keep some of the staff and let the factory run at least in base load. The dealers would still have a product and a source of income in addition to the spare parts business. Saab would be a brand with just one series - again - but with a sedan, convertible, station wagon and all-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. 90% so to speak. In China there is BAIC, which claims the rights to the Saab 9-3. With the old Saab 9-5, the rights to the “old” pre-facelift Saab 9-3 have been acquired. The definition is vague and has caused confusion over and over again in recent months. This makes things political again, but controllable from Beijing. If the NDRC wants to buy the Swedish beachhead for the Chinese auto industry, it looks like BAIC will not object.
As always, it's not over yet and the Saab Automobile topic is picking up speed again. Perhaps now is the very last, serious chance. It is clear that a quick solution is required. The bankruptcy trustee duo today initiated the layoffs of all Saab employees. The best minds at Saab are migrating to Gothenburg or elsewhere 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.
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