The daily business news about Saab. Today it's about Youngman, Mahindra, BMW, Triumph and American Axle. It would be nice to write about cars from Sweden, but that is not the case right now. So the business part.
It's quiet in Sweden, the partitioning off of the administrators works well. No information goes out. Lars Holmqvist, CEO of the supplier association CLEPA, gives an assessment of the perspective. After the departure of the Turkish Brightwell Holding, Mahindra & Mahindra is facing exactly the same problem in his opinion.
General Motors, now involved in joining PSA, will not issue licenses to third parties. That is clear. Youngman is in his opinion the only sensible solution to bring Saab back to life. The construction of the Saab 9-3, without GM DNA, will be the solution to seeing new Saabs on the streets at short notice.
Youngman is the only investor following this plan, believes Holmqvist, the press and well-informed circles from Sweden. Youngman employees have already visited Saab suppliers to explore opportunities after the Saab sale. Lars Holmqvist is close to being the CEO of automotive suppliers. Whether his assessment of Mahindra is realistic is hard to judge. Because the Indians shy away from the public.
We keep hearing the clock ticking. It ticks fast, it ticks louder and louder. Let us remember the electric four-wheel drive. Of the "new Saab 9-3”Would have been the first car worldwide with this technology at the end of 2012. Sometimes the mere idea of what could have been frustrating.
E-AAM Driveline Systems AB, a joint venture of Saab Automobile AB and American Axle, has now been fully owned by the Americans. The demand for the system is great, the German manufacturers are lining up for licenses. Saab would have had exclusivity after the 9-3 debut for 12 months. OK. Past.
Hmm. The BMW Welt continues to speculate about Saab and BMW. BMW must continue to grow in order to survive in the future. GM's entry into Peugeot / Citroen increases the pressure in Europe. If not Saab, then maybe triumph, as the BMW Blog asks today. BMW has held the trademark rights of the former sports car icon since the rover debacle. Since I'm a fan of classic British roadsters, an MGB was a happy guest in my fleet for more than 10 years, I can do a lot with the Triumph brand. But what does the younger generation say? The revival of Triumph is likely to be as tedious or unsuccessful as the grand failure of the Maybach brand.
If someone from the Petuelring asked me what nobody would do of course, I would consider buying Saab as a more sensible investment. Because Saab is living and triumph is history. How do you say in Bavaria? We'll see…