RE: Saab: Going, Going...

[The Hypno-Toad]

hora said:

Stig said:

Youngman just coughed up the cash btw.

So now I'm assuming they have an 'interest' in the business to secure their money from risk/loss?

They haven't coughed up all the cash. All they have coughed up is enough money against the IP rights to PhoeniX platform (£10 million), to stop Saab/SWAN falling out of Re-Organistation. This will enable Saab/SWAN to pay the wages for another month and thus keep going until hopefully the NRDC grants permission for the full takeover.

Again full credit to Muller for being able to persude a company who the administrator tried to gazump on the weekend, to stay in the deal.

[thirsty]

thewheelman said:

If Saab does finally go it'll be a sad loss, they've made some truely original cars in their time. Obviously i'm talking pre GM era.

I was never impressed with Saab. Pre GM or not.

[jimfoz]

Its a shame, but they seem to be going the same way as MG Rover. I recall the time that the 'last chance saloon' 75 came out - the press said it was a good car, but not good enough. The same is being said of the new 9-5. It looks good but dynamically doesn't set the world alight. No-one wants to buy it either fearing that they will soon not have anywhere to get it serviced....

[The Hypno-Toad]

ejenner said:

H7 JPE. I've owned it since 2004 so if you think you've seen it since then it wouldn't have been the same car. It's a private plate but was on the car before I bought it. I bought it from Simply Saab. I think I paid a bit too much for it but it was a long time ago now so not bitter. It will be a lovely car when I finally get it back on the road. I've renewed everything.

I'm sure the Carlsson will be lovely, always the best looking Saab IMHO.

Its weird because I'm sure I remember that plate from when I sold Saab back in the 90s and I was convinced that it was on a 900.

Just another sign of my advancing senility.

[Fetchez la vache]

Finally saab UK has gone into administration...

Talk about death by 1000 cuts...