A day without Saab announcement is a day thrown away. On Friday, Saab's operator, Swan NV, said that after GM’s denial of the Pang Da and Youngman cope, it was preparing another strategy, concerning Youngman and a China financial institution.
Unfortunately for Saab, this newest strategy, which put Pang Da out of the photograph, just didn't create the cut with Common Engines either. On Wednesday, GM spokesperson Wayne Cain released the following statement: “We have researched Saab’s offered changes regarding the purchase of the organization. Nothing in the offer changes GM’s location. We cannot assistance the purchase.”
The manager managing Saab’s rebuild requested Common Engines, which is still a case of preferential stocks in Saab and operator of much of its technological innovation, to carry on the certification contract after the purchase. However, the Detroit car maker said that its location would not modify.
According to Reuters, Remedial Vehicle CEO Winner Muller said in a word that "There is always Plan B”, though he dropped to offer more details.
Well, if it prevails, it will actually be Plan G or whatever by now – but who is counting?
Tuesday, December 6, 2011
GM Says No to Saab's Latest Ownership Plan
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