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SAAB owners Ireland new and used parts.

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mickofmullingar

Sceala Philosopher
Location: Mullingar






Sceala Irish Craic Forum Discussion:     SAAB owners Ireland new and used parts.

Those of us who are loyal SAAB owners... need to note the news about SAAB HQ.
This could have a effect on us.. especially for any SAAB parts. which are not exactly in stock and on the shelf... in the best of times from any SAAB dealer in Ireland... from my experience.

Swedish car maker Saab cannot pay its 3,800 employees their wages for lack of 'short-term funding,' the Dutch parent company Swedish Automobile, formerly Spyker, said today.
Saab, which has based its funding strategy on tie-ups in China, had announced on June 13 a partnership with two Chinese businesses which was to generate investment of €245m.
The two Chinese firms were car distributor Pang Da and manufacturer Zhejiang Youngman Lotus Automobile. But production at the Saab factory at Trollhattan in western Sweden has been at a standstill since June 8.
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Swedish car maker Saab cannot pay its 3,800 employees their wages for lack of 'short-term funding.
On Monday, management told workers on the assembly lines that they should not come to work before July 4.

Saab, which employs 3,800 people, was saved at the last minute at the beginning of 2010 when it was bought by small Dutch firm Spyker from US giant General Motors which wanted to end its involvement in the wake of the financial crisis.

Since then Spyker, which announced big ambitions for Saab, has lurched from one cash crisis to another. A previous deal with a Chinese firm fell through. Its attempts to tie up with Chinese firms are aimed partly at accessing funding and partly at widening access to the fast-growing Chinese auto market.

Related Stories Saab announces new car deal in China, Saab reprieved with cash and keys in China, Dutch minnow completes Saab buy.
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