Swedish Automobile Website

[RossoCorsa]

Check out the new Swedish Automobile corporate website!

Swedish Autmobile

[Reddingius]

So right now, the site doesn't do very much more than redirect you to either the Saab or the Spyker website. What use will it have when Swedish Automobile no longer has Spyker?

[amzamz]

... symbolic pictures? :lol:

(one taken at Bastnas and the other one at Le Mans)

[amzamz]

... will we soon get Victor Muller back?

See comments like:

Howard Wheeldon, a London-based analyst at BGC Partners, said Saab has failed to offer anything "particularly new or technologically radical" and would most likely cease to exist as a European brand. "I suspect that in its present Swedish-based production form Saab Auto may best be left to curl up and die," Wheeldon said.

(source)

We all know that VM's heart beats for luxury and super cars! ... and the Aileron really appears to need a boost!

[amzamz]

... more seriously. SWAN stock crashed yesterday. Low 0.91

(if you happen to have insider information about a positive Chinese goverment reaction upon recent deal proposals, I would buy NOW!)

[amzamz]

... interesting! (source)

"The European Investment Bank said former Austrian Finance Minister Wilhelm Molterer will become a vice president tomorrow, succeeding the manager who has overseen European Union funding for Swedish carmaker Saab Automobile (Eva Srejber).

...

EIB declined to say how (Eva) Srejber’s exit will affect Saab matters, such as the company’s pending application to bring in Russian banker Vladimir Antonov as an investor."

[amzamz]

... by the way, Swedish Automobiles stock (SWAN.AS) is now back to over EUR 2.70 from EUR 0.9 last Friday!!!

Whoever followed my advice and invested last week, please send me a good bottle of champagne to the following address [xxx CENSORED xxx] :lol::lol::lol:

[IVR007]

Nice try Amzamz, but why won't you buy a good bottle with your own 200% profit :lol: ?!?

[amzamz]

... here is the proof!

[amzamz]

... a good website for Saab news is actually here. There are news sections, for example this one:

"Saab says China deals open door to Antonov return

By Gilbert Kreijger and Mia Shanley

AMSTERDAM/STOCKHOLM | Mon Jul 4, 2011 10:42am EDT

(Reuters) - Chinese investors pledged to buy shares in cash-strapped Saab and signaled Russian financier Vladimir Antonov could also take a stake, suggesting the Swedish carmaker's woes could be nearly over. Swedish Automobile-owned (SWAN.AS) Saab, whose production lines have been down for most of the last three months due to a cash crunch, got further relief on Monday as the European Investment Bank (EIB) approved a property sale that will bring in short-term funds. Dutch-listed Swedish Automobile (SWAN) said the agreements with Chinese companies Pang Da (601258.SS) and Zhejiang Youngman Lotus Automobile to buy SWAN shares for 245 million euros ($347.6 million) had been finalized but were still subject to regulatory and third-party approvals. A provisional deal was announced last month. The Chinese companies, which together are set to become majority shareholders in Saab, made it clear they had no issues with Antonov who is keen to become a shareholder and is seen as a vital part of long-term financing plans. "The agreements allow for the return of Mr. Vladimir Antonov as a shareholder/financier of SWAN and Saab Automobile which the parties expect as soon as the parties at interest have cleared him," SWAN said in statement on Monday. Still, the Chinese deals need approval from Sweden, former owner GM (GM.N), the European Investment Bank and Chinese authorities. "The most important element still needs to happen: the approval from several Chinese authorities," said David Tomic, economist at Dutch shareholder group VEB. He said a Chinese approval could take several months. Chinese authorities have halted planned investments in the past, such as Saab's failed deal with Hawtai Motor Group in May and Sichuan Tengzhong Heavy Industrial machinery's bid for GM's Hummer, which collapsed in 2010. Antonov must also be approved as a Saab shareholder by Sweden, the EIB and GM. A former shareholder in Swedish Automobile, then called Spyker, Antonov had to sell his shares in the Dutch group before it bought Saab last year from GM after reports in Swedish media linking him to organized crime and money laundering. He has denied such allegations and said he has cleared his name. Antonov, who owns a bank in Lithuania and in Latvia, has wanted to return as a shareholder of Saab and aims to invest 30 million euros for a 29.9 percent stake in SWAN.

UNCERTAINTY

Saab's future remains uncertain even though the carmaker has secured short-term financing in recent days. The EIB told Reuters it had approved Swedish Automobile's request to sell part of Saab's property unit to a consortium of Swedish real estate investors led by Hemfosa Fastighether. Saab spokeswoman Gunilla Gustavs said the deal would help strengthen the company's short-term liquidity but that it still needed approval from the government and debt office. It is still negotiating with suppliers over unpaid bills. It said last week it hoped to get production up and running in two weeks. Svenake Berglie, Chief Executive of the FKG group representing Scandinavian suppliers to the car industry, said Monday's news on China was a step in the right direction but that further clarification was needed. "They have a plan, but is the money in place?" he said. "They need to explain how financing will look in the coming months. They need 800 or 900 million Swedish crowns ($128-144 million) and I'm just not sure everything is in place." Under the Chinese deal, Zhejiang Youngman Passenger Car Group and Saab will set up a Sweden-based joint venture to develop three new Saab models, the so-called Saab 9-1, 9-6 and 9-7, SWAN said. The joint venture is subject to regulatory approvals. SWAN shares, which have moved sometimes as much as 50 percent on a day in the past month on liquidity problems and production stoppages, were up 16 percent at 2.92 euros by 1326 GMT."

[amzamz]

... did you know that Chinese companies even publish details of the decision process of their boards? See here!