Tuesday 9 February 2010

Good news is always bad news

There is always a twist to a news story in the Swedish media.

Two pieces of really good news yesterday and the press could not help themselves but to add a negative twist to both of them.

It would appear that I write very often about the press and their negative slant on SAAB.
I freely admit that it is probably the only issue that truly irritates me about this whole affair as I sit with my I love SAAB badge proudly displayed on my shirt. Corny I know but sometimes youv'e just got to do these things.

Back to the press reports.
In the report that Vic had secured a further $25 M loan from a Swiss / Dutch private investment company for whom he had worked in the 80's.Great news I thought but upon reading the article in DI 90% referred to the terms and conditions of the loan and the high interest and what would happen if it could not be repaid / refinanced.
The statement " The business is still not finalized because Vic needs to pay GM a further $24 M on the 15 July and he does not have the money "
Only the headline was positive.
Swedes have a tendancy to use the BUT word quite often

The second report was regarding the EU commisions approval of the EIB loan. An iportant milestone. DI again reported the " BUT there are still parts of the puzzel that are not in place , the EIB needs to approve the loan "
Again the BUT word comes into play.

At the weekend there was a sort of half hearted launch of the new 9-5 at the Saab Museum.
I do not mean this in any negative way. When the deal is finally done everybody will be working like crazy to do a real launch. The museum event was very much like a car showroom with a steady but high flow of people throughout the day. Much higher than in the SAAB dealer showrooms in fact.

Lots of positive critique. Lets hope that this turns into sales.

As you would imagine there are quite a high number of new 9-5's around the SAAB site in various forms from camoflaged test cars to latest production status.

I have to say the car has presence on the road.It is both dynamic and elegent at the same time unlike some of the Volvo's,Audi,s and BMW,s which tend to *wallow * when they get to this class ( particularly the Volvo S80 )

The 9-4X is also confirmed for production start at the beginning of next year.
I think that this is much needed and a pretty cool looking vehicle. Lets hope we see them in Europe competing head to head with Audi, and of course winning.

OKSAAB

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