Bertel’s provocative piece on SaabUnited’s complex relationship with Saab and Vladimir Antonov has drawn a predictable response from the Saab faithful, who have rushed to defend their beloved but troubled brand as well as its mysterious Russian “savior.” The outburst of anger at TTAC, though harsh to the point of almost blaming TTAC for Saab’s sorry state, is nothing new around these parts: TTAC has long angered the die-hard fans of many auto brands by calling for (or simply covering) the demise of brands that have outlived their usefulness to the market. Even the most basic understanding of TTAC’s history explains away the now-popular (in certain corners) theory that this site has a personal vendetta for Saab. On the other hand, perhaps we’ve been too focused on day-to-day developments to properly make the case for why Saab, sadly, needs to die. Luckily the reasons for Saab’s inevitable demise are not difficult to understand…
The German magazine Der Spiegel got its hands on an internal document. In the paper, the German economy ministry gives an awful assessment of the business plan that Nick Reilly had circulated amongst interested parties. Interested parties being the countries where Opel has plants and where GM wants to collect €2.7b in government aid. The Spiegel’s article will appear in the printed issue on Monday. But there are some damning pre-releases.
Minister Rainer Brüderle has serious doubts about Opel’s restructuring plan. “The viability is questionable,” the internal memo says. The planned job cuts are “hard to understand.”
And once more, Germany’s all-time phobia when it comes to Opel aid emerges: (Read More…)