After delegations of Pangda and Youngman had travelled to Trollhättan to inspect the factory, one returning Chinese traveler mentioned to a contact of mine that the factory is great, but it’s in the wrong place. In Sweden, workers would earn way too much and go home early, contrary to the Chinese worker, who would have a much higher work ethic for less money, the traveler opined. If all goes well (for the Chinese,) the Trollhättan factory will come to China. Usually well informed Sveriges Radio reports that Youngman is interested in buying the Saab assets in a bankruptcy sale.
Updated with Victor Muller’s press conference.
(Read More…)
Posted in Europe, News Blog
Tagged as bankruptcy, Bertel Schmitt, Saab, Saabstermath, Sweden, Youngman
Tagged as bankruptcy, Bertel Schmitt, Saab, Saabstermath, Sweden, Youngman
Recent Comments
bball40dtw - He rode a dinosaur.
Power6 - Well you should read the rest of that Warren Johnson quote you pilfered from ;-) He was talking specifically about a Pro-stock engine, then...
-Nate - I’m saddened to see such a good condition , heavily optioned hard to find vehicle in the scrappers =8-( . I remember these when new , a distant...
DIYer - Australians can look forward to driving Fords built in China. They say that in China, the women work like men, and the men work like machines.
Bertel Schmitt - Love your avatar – Liebe Mutter …
JMII - I think those population numbers put this market in perspective. Small market, high prices and few of the local vehicles being sold elsewhere (to share costs)...
Bertel Schmitt - Gran Turismo Injektion
Heino - VW Fahrt, which would increase sales immediately in all English speaking countries. Sounds like a wind no?
danio3834 - You’re right, I should have added some caveats. Properly tuned, carburetors make more peak power than EFI in most gasoline racing...
sitting@home - IIRC from High School chemistry, Aluminum instantaneously oxidizes on contact with air to form an impenetrable barrier … you will never actually...