Surprise? No not true. Saab insiders had already foreseen it a few days ago and so it has happened now. The Brightwell Holding has thrown in the towel and is no longer in the bidding race for Saab. The villain has also located the villain right away. It's the Detroit company that does not want to give the Turks the licenses and should have backed down at the last moment.
"GM wants to kill Saab," said Zamier Ahmed in an interview today. Everything looked good, then GM would have stopped at the last minute. Do we believe that? GM really wanted to grant licenses to Brightwell. A car maker in Sweden is allowed to build 200.000 Auto on a GM basis every year, while Opel does not sell its products to the man or the woman. An unlikely story.
Anyway. Brightwell may have had honorable motivations. The departure is not surprising. In the short and medium term too little financial muscle, a few hundred million as an investment would not have sufficed. The suffering of Saab, we had enough of that, would have found such a sequel. The Saab brand, the employees, dealers, customers deserve better. Not over millions, we have to talk about billions. Not over an investment period of a few years, but over a decade.
We'll have to say goodbye to the Saab 9-5 sports trolley and sedan. Also from the Saab 9-4x. Even the greatest optimist should have understood the message. Other bidders are still in the race, I think we hear more during the day. A press conference of the administrators is currently running in Sweden.
Let's stay calm. The attitude of GM is not new and surprising. Actually, nothing happened, nothing has changed. Brightwell has tested limits and received the answer. The race for Saab is decided between India and China, an insider said almost two weeks ago. So will it be.