Sweden’s prime minister Fredrik Reinfeldt had his fill of failed negotiations. Returning home from round-the-clock talks at the Copenhagen climate conference, he said that he saw the Saab collapse coming. Sweden’s prime minister is “unsurprised” by the collapse of the sale, says Reuters. Asked if he was surprised, Reinfeldt said: “No, the process was built around a loss-making company and an American owner that owned Saab for 20 years and made a profit in one of the 20. It’s clear that it was not successful enough.” Sweden’s head blames GM for the failure.
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Posted in Europe, High Finance, Industry
Tagged as BAIC, Beijing, Bertel Schmitt, carmakers, climate conference, collapse, Copenhagen, dow jones, expat community, GM, HUMMER, influx, orderly fashion, penske, prime minister fredrik reinfeldt, profitability, returning home, reuters, Saab, Sweden, swedish public radio, unloved
Tagged as BAIC, Beijing, Bertel Schmitt, carmakers, climate conference, collapse, Copenhagen, dow jones, expat community, GM, HUMMER, influx, orderly fashion, penske, prime minister fredrik reinfeldt, profitability, returning home, reuters, Saab, Sweden, swedish public radio, unloved
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