SAAB News: Brightwell Holding throws it down!

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.

Text: tom@saabblog.net

5 thoughts too "SAAB News: Brightwell Holding throws it down!"

  • I do not understand GM.
    Their attitude to Saab makes me sad already longer / disappointed / angry / ... ..
    But the topic is probably through - but you probably have to worry about that anymore.

    But now those with a few "Milliönchen" may even want to join Peugeot !?
    Do not they have other tasks and worries and should look after Opel & Co instead of "teaming up" with a direct competitor?

  • "The race for SAAB will be decided between India and China" ... ..?
    And what will become of our ominous unknown Western European bidder?
    Did not it just throw Brightwell here?
    We look forward to the next statements of the administrators!
    I think the whole SAAB community would have been slow to feed information, otherwise the cardiologists will be stupid and stupid about earning us in the near future ...

    WW

  • The Süddeutsche Zeitung deals today in the business section, page 23, in a four-column article with the "Phoenix from Trollhättan". Overall, no real news against the always good information from Tom. The photo's thumbnail of the article shows the name Saab in the grille of a snow-covered vehicle.

  • Süddeutsche: "Overall, 14 buyers are interested in Saab or parts of the company. The bankruptcy administrators Hans Bergqvist and Anne-Marie Pouteaux said that. "

    14 ???

  • The main purpose of bankruptcy administration is to get the maximum out of the creditors and the dying company. If there is support from the former principal, do not classify it as bad. Surely it is also about a good start for the SAAB works (or what's left over) to accomplish. The competition is happy anyway, if a car brand exists less. That is unfortunately the case.

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