The Swedish delegation has now returned from China and what friends say sounds good. Youngman has very impressively demonstrated interest in Saab and will make a definitive offer. Youngman is currently the favorite as a possible new Saab owner in Sweden. The final offer amount is still unclear. As I wrote yesterday, the aforementioned 5 billion crowns are to be viewed with reservations. Because Youngman still doesn't have all the information the bankruptcy trustees need.
Absolute clarity now prevails over General Motors. Finally, even if it is not as we wish. Jonas Fröberg, the Saab fan and insider at Svenska Dagbladet, spoke with GM Press Secretary James Cain yesterday. Definitely, Detroit will no longer grant licenses for the Saab 9-4x or Saab 9-5. So some dreams are now finally buried. GM does not care who the buyer is. Whether from China Turkey or Central Europe. GM does not like them all.
Why ? Jonas Fröberg finds three possible explanations. For one thing, GM, a state-owned company, could be under political pressure. On the other hand, one could try to save the dwindling Opel ship. Because, says Fröberg, Opel wants to become a premium in order to generate more revenue. Saab would be a real competition there.
However, probably the South Pole will defrost faster than Opel Premium, so my opinion. The third possibility sees Fröberg in the statement that GM is simply tired of negotiating further on the Saab topic.
The truth will be a mixture of all three conjectures. The scenario around the Saab 9-3 is still unclear. The 9-3 is burdened only a little GM and Youngman wants to build the 9-3 Griffin without GM components. This decision is probably the only viable way to see another car production in Trollhättan.
How Brightwell responds to the clear message from the US is not yet known. The Americans see, this is also the current policy towards China, economy apparently and again as a form of warfare. Saab pays part of the bill, which also has the advantage that we can finally put the annoying GM issue on file. Well, now for good. Good bye GM!
It is and remains exciting. Tomorrow there will be a press conference of the insolvency administrators. Probably then opens the official bidder race. That's the conjecture of Jonas Fröberg and mine too.
And, as Fröberg wrote today in Svenska Dagbladet. It is the message we want to hear. So that it finally goes on and the matter picks up speed. We stay tuned.