Saab continues to attract the covetousness
Leaders from General Motors, they would play with the nerves of Saab? After the declaration of the president of General Motors, Ed Whitacre, the U.S. carmaker has decided to continue studying the offers he has received. The evaluation of tenders currently has "no impact on the appointment of AlixPartners, selected to" supervise the gradual closure of Saab ", an appointment must still be validated by the Swedish authorities said General Motors in a statement. The Swedish automaker Saab in trouble Friday was placed in receivership, said the main union for Swedish industry, IF Metall.
A new stage in the process of dismantling Saab has been crossed."It's irresponsible on the part of General Motors of shooting in two different directions, that of a sale and dismantling of a" denounces L?fven Stefan, president of IF Metall, which is a representative member of Board of Directors of Saab. He added: "It is incomprehensible and irresponsible to do this (settlement) without being able to analyze the serious offers that actually exist for Saab. The decision of General Motors is not at all consistent with the messages we have had recently that the company really trying to seriously sell Saab and it was seriously considering the offers it receives.
Spyker and Bernie Ecclestone are in play
Even the bell side Bertrand Rakoto analyst RL Polk. "I am very skeptical about the motivation of executives from General Motors.Although the desire to close Saab has not been openly questioned, the GM executives have repeatedly rejected the dead-line. If they really wanted to close Saab, Spyker they have turned down more quickly. " General Motors has been seeking a year to give Saab a deficit for almost 20 years, as part of its reorganization plan. That did not stop him, after deciding to close Saab, December 18 last, to study the different offers. And to continue the study despite the liquidation court.
Saab less than Volvo?
Several groups, including the Dutch Spyker Genii and funds associated with the treasurer of F1 supremo Bernie Ecclestone has expressed interest in a takeover last minute Swedish Saab. "The strategy of Spyker is clearer than Bernie Ecclestone. Generally, manufacturers have visions longer term.Investment funds have only one idea in mind: profitability. According to most experts, the sale of Saab could bring $ 1.8 billion to General Motors, slightly less than the price of the sale of Volvo (2 billion U.S. dollars). So why the U.S. automaker did he take the suspense so long? Leaders from General Motors may have wanted to "play the show" and try to make a "coup" financially to the perseverance of Spyker. "Leaders from General Motors certainly want to prove before closing Saab, they did everything to find an alternative solution. General Motors wants to heal its image. "
A return announced by early next year by the president of General Motors, which follows the will of the American state to allow General Motors to stand on its own.For this, the automaker decided to get rid of a company "that has never made any money. The closure of Saab is proof that General Motors is not able to handle this kind of brand, "said one expert. To be continued.