I am getting tired writing about Saab. According to the clicks on Saab-stories, you are getting tired as well. Empty promises, missed deadlines, endless wait. There is even dissension in the ranks of Saabsunited, where more and more people are getting tired of waiting. So, let’s make this short.
Reuters reports that the wait will be a few months longer. According to a Saab press release, “Saab Automobile plans to restart production by Tuesday August 9, provided that the above criteria are met.” Some of the criteria are “discussions with its suppliers on materials supply and commercial terms.”
The Saab workforce has been sitting on their thumbs for close to three months now. They were paid. Two weeks ago, Saab did not have the money to pay the salaries of the idled workers. The company stared bankruptcy in the eye. In the meantime, half of Saabs real estate was sold, and other sources of cash were tapped. Most of that money is going to pay workers for doing nothing. They can’t work without parts. It is a waste of money to pay people for doing nothing. Money Saab clearly cannot afford. If Saab would have paid suppliers on time, cars would be leaving the factory.