Tuesday 15 December 2009

Sixpence half a crown, a quaint English expression the details of which I wont go into.
As the week progresses there are a huge amount of rumours and speculation most of which are positive.
Everyone from Goran Hagglund ( Swedish government )Jan-Ake Jonsson, Erik Geers and his staff are presenting an upbeat and confident face. The deal will be done before the end of the year dedline.
Not a word from GM !!

09.00 yesterday the announcement came as expected that Saab would sell it's tools for the outgoing 9-5 and in part 9-3 to BAIC. In addition Saab engineers will support BAIC in there efforts to develop their own vehicle in China, presumably one that looks nothing like a Saab or ???

BAIC ( Pronounced BIKE ) thats an interesting twist. For a country whose poulation was just a few years ago renowned for travelling from A to B on BIKES, ZILLIONS of them have a company called BIKE producing CARS.

There was also an article yesterday in one of the Swedish news sites that a group of Swedish investors were interested in buying Saab. Do not believe this for one second. Volvo on the other hand always have an ex CEO / VD leading the fight. If it was Jan-Ake then it could be plausable.

Christmas

Christmas is a time for eating, drinking and spending more than you can afford. As you say to yourself when you hand over the warm plastic " Christmas only comes once a year ". and that takes me back to sixpence half a crown.
If a positive decision on Saab's future comes in the next 8 days the plastic will be glowing . If not there could be a degree of hesitation or maybe not.

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