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Dinsdag 14 juni

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  1. [verwijderd] 14 juni 2011 12:03
    Saab moet snel 3 miljoen euro ophoesten
    14 juni 2011 11:29
    Saab is 27 miljoen Zweedse kronen, omgerekend net geen 3 miljoen euro, schuldig aan de Swedish Enforcement Agency. Deze schuld dient binnen tien dagen te zijn voldaan, anders kan de organisatie eigendommen van Saab in beslag nemen ter waarde van dit bedrag.
    Dit meldt de fansite Saabsunited. De Swedish Enforcement Agency is een soort deurwaardersorganisatie, die in dit geval optreedt namens 51 verschillende schuldeisers die nog geld krijgen van Saab. Indien niet binnen tien dagen is betaald, heeft de organisatie het recht om de fabriek van Saab binnen te gaan en daar voor het verschuldigde bedrag aan bezittingen in beslag te nemen.

    www.carros.nl/autonieuws/31018-saab-m...
  2. [verwijderd] 14 juni 2011 12:20
    dit gaat over het totaal bedrag van de leveranciers die zich hebben gemeld bij de Enforcement Agency, een soort overheids incasso bureau. Punt is dat als zij nu betaald worden andere leveranciers wellicht op eenzelfde manier hun schulden met Saab willen vereffenen. De eerste die komen krijgen geld, daarna is het natuurlijk op.
    Een soort prisoners dilemma, iedereen weet dat als de rest dit doet Saab failliet is, echter als jij het niet doet en de rest wel ben je zeker alles kwijt. Anderzijds als je er vroeg bij bent krijg je wellicht al jouw uitstaande schulden terug...
    Dilemma...
  3. [verwijderd] 14 juni 2011 12:42
    More details on China deal
    China Car Times today published some more details on the joint venture between Saab Automobile, Pang Da Automobile Trade Co and Youngman Lotus Automobile Co. As reported yesterday, in the joint venture for distribution and sale of Saab cars in China Saab and Youngman will each own 33 % of the shares and Pang Da 34 %. According to China Car Times the joint venture’s registered capital will be 50 million yuan (approx EUR 5.3 million) , and its total investment will be 125 million yuan (approx EUR 13.3 million). The venture's board will consist of three directors, with each party naming one director. The validity of the future contract will be 30 years.

    Also as reported yesterday, the joint venture manufacturing will be owned 45 % each by Saab and Youngman and 10 % by Pang Da. The registered capital and total investment will be determined after negotiation among the three parties. The board will have five members, two named by Saab, two by Youngman Lotus, and one by Pang Da. The validity of the future contract will be 50 years.

    Since China's National Development and Reform Council (NDRC), which is China's top economic planning body, will have the final say if Pang Da and Youngman's investments into Saab will be allowed, there are of course still uncertain if this deal will be finalized. We all remember how the deal with Hawtai collapsed only 10 days after it was entered. But it is worth noting that Youngman has been negotiating with Saab for several months and the company has been very eager to become partner with Saab. In fact so eager that the company files an application with the NDRC even before Saab made the deal with Hawtai. The NDRC has made it clear that the company which has filed an application will have the prioritized right to invest in Saab. There can only be one application filed with the NDRC at a time. In other words, it is very likely that Youngman has been in talks with the NDRC and received their advice during the process that ended with the deal with Saab and Pang Da.

    Board secretary of Pang Da Group, Wang Yin, said according to China Car Times that they believe the deal with Saab could get approvals from the concerned authorities successfully.

    I am an optimist and believe that this deal will be finalized.

    www.lifewithsaab.com/2011/06/more-det...
  4. [verwijderd] 14 juni 2011 12:53
    Youngman China Deal May Not Be Lifeline For Saab on Approval, Analysts Say
    By Bloomberg News - Jun 14, 2011 12:09 PM GMT+0200

    Saab Automobile owner Spyker Cars NV (SPYKR)’s agreement to sell a 29.9 percent stake in the struggling Swedish company to Zhejiang Youngman Lotus Automobile Co. may not help the carmaker turn itself around, analysts say.

    Youngman may be too small a carmaker on the Chinese mainland to obtain government approvals to manufacture cars in the world’s largest auto market, analysts from IHS Automotive, Synovate Motoresearch and Autoforesight Shanghai Co. said. There is also a high likelihood China’s focus on automotive industry consolidation may scuttle the deal, they said.

    Spyker, based in Zeewolde, Netherlands, is trying to secure long-term financing for Saab after a payment dispute with components suppliers caused the company to halt output for seven weeks in April and May. Spyker said yesterday it will sell the stake in the Swedish carmaker to Jinhua, eastern China-based Youngman for 136 million euros ($197 million). Pangda Automobile Trade Co., which agreed to invest in Saab in May, will also pay 109 million euros for a 24 percent stake.

    “I have the impression that Saab is scrambling for any partner in China now,” said Lin Huai Bin, a Shanghai-based analyst at IHS Automotive, in a telephone interview. “If Saab wants to succeed in China, they need to find a sizable company with good profit and good government connections,.”
    Government Approval

    Youngman may find it difficult to convince the Chinese government to give approval for a manufacturing venture, given the company’s size and China’s wariness to allow further capacity expansion in the auto industry, Lin said.

    China has been trying since 2009 to reduce its auto industry to 10 companies holding 90 percent of the market from about 100 manufacturers currently. The China Association of Automobile Manufacturers sales data doesn’t rank Youngman among the nation’s top 10 carmakers.

    The deals with Youngman and Pangda need approval from Chinese authorities, the European Investment Bank, Sweden’s government and national debt office, and from General Motors Co. (GM), which sold Saab to Spyker for $74 million in cash and $326 million in preferred shares in February 2010.

    The Chinese investment “significantly strengthens Saab’s financial position,” Victor Muller, chief executive officer of Spyker and Saab, said yesterday.

    Youngman, whose parent company makes buses with Germany’s MAN SE, manufactures sedans for U.K. carmaker Lotus Cars. Five phone calls made to the company’s office weren’t answered.
    Chinese Tastes

    “We feel that Saab as a premium European brand appeals strongly to the taste and preferences of the Chinese customer,” Pang Qingnian, chief executive officer at Youngman, said in a statement yesterday.

    The accord comes a month after a carmaking agreement with Beijing-based Hawtai Motor Group Co. collapsed. Spyker blamed the breakdown on Hawtai being unable to obtain the necessary approvals, while Hawtai cited “commercial and economic realities.”

    “There is still a lot of doubt if the government would approve this deal, following Spyker’s Hawtai experience and the government’s efforts to consolidate the industry” said Klaus Paur, managing director for Greater China at Synovate Motoresearch in Shanghai. “There are more similarities than differences between Youngman and Hawtai.”

    Saab’s sales have plummeted in recent years and the carmaker was on the brink of collapse during the financial crisis before Spyker bought it.
    Controlling Inflation

    China’s focus on controlling inflation and tightening lending may also limit the tie-up’s success, said Robert Theleen, chairman and co-founder of investment capital firm ChinaVest Ltd.

    “The auto industry is low priority for the government at the moment,” said Theleen, who provides cross-border merger and acquisition advisory services for multinationals in China. “They’d also prefer to see how the Geely-Volvo deal pans out.”

    Zhejiang Geely Holding Group Co. threw luxury marquee Volvo a lifeline in 2010, the biggest overseas acquisition by a Chinese carmaker. Geely Automobile Holdings Ltd. (175), its listed unit, boosted car sales 27 percent and net income 16 percent to 1.37 billion yuan ($211 million) last year.

    Saab’s branding as a niche and luxury product may work against the bid, said Yale Zhang, managing director at Autoforesight in Shanghai. This brand positioning would restrict production at the Youngman-Saab joint venture to fewer than 100,000 units a year, less than the minimum number needed to convince the authorities to approve the tie-up, Zhang said.

    Youngman and Saab will each own 45 percent of the proposed new manufacturing venture, while Pangda will hold the remaining 10 percent stake, according to the statement yesterday.

    Saab last year sold 31,696 cars and has said it will be unable to meet a target of 80,000 this year due to the production problems. It aims to sell 120,000 autos and to be profitable next year.

    To contact the Bloomberg News staff on this story: Liza Lin in Shanghai at llin15@bloomberg.net

    www.bloomberg.com/news/2011-06-14/you...
  5. AX lover 14 juni 2011 13:17
    Why Saab Doesn’t Actually Need To Restart Production

    By Edward Niedermeyer on June 13, 2011
    OK, so it’s a somewhat facetious headline: as an auto manufacturer, Saab either builds and sells cars or it disappears. But in the aftermath of Saab CEO Victor Muller’s pledge that “We will definitely ensure that this [production stoppage] will not happen again,” Saab’s most recent shutdown sent shockwaves of concern through the Saab community. After all, Saab’s official line is that “we knew this would happen,” a position that’s more than a little at odds with Muller’s now-broken promise. And though the just-signed Youngman deal could mean more cash with which to get production at Trolhättan back up and running, there’s a bigger question that remains unanswered: why restart production at all?

    The question occurred to me yesterday, when I drove past the area’s only Saab dealer and saw a stack of untouched, brand-new 9-5 sedans sitting, forlornly on the lot. Everyone knows that Saab’s sales have been crashing for some time, but right now things are so grim, Saab’s US dealers don’t need a lick of inventory. With 3,115 units sold in the US year-to-date, the latest Automotive News [sub] inventory data shows that Saab dealers have no fewer than 4,000 units on their lots. That means that, as of June 1, Saab had 248 days of supply, as the brand’s US sales network is averaging a mere 2 sales per dealer per month (Saab shares the latter stat with Aston-Martin, Maserati sells twice as many cars per dealer). Sure, the Saab faithful are impatient for their custom-ordered models to roll out of the Trolhättan plant, but Saab’s dealers probably couldn’t care less when production restarts again. After all, if it ain’t selling, why build it?

    Well, that was supposed to be a rhetorical question, but it turns out there’s an answer after all: Saab has to restart production because it has a new US sales boss promising to double volume and hit 10k units this year. Former Subaru sales man, Tim Colbeck promises Wards Auto that Saab will double its volume this year (it sold 5,455 last year), meaning it will sell over 10k units. That means Saab is going to have to sell every item in its inventory plus 900 pre-ordered 9-4X CUVs, and another 2,000 vehicles, presumably the new 9-4X. But how precisely Colbeck expects to make that happen is still something of a mystery. Monthly sales dropped from over 1,000 units in December to 385 units last month. If Saab does hit 10k units this year it will be because of the 9-4X… which means there’s still no real reason (as far as the US market is concerned) to restart Trolhättan.
    www.thetruthaboutcars.com/2011/06/why...
  6. s.lin 14 juni 2011 13:19
    Goedkeuring van de regering
    Youngman kan het moeilijk vinden om de overheid te overtuigen de Chinezen aan de goedkeuring geven voor een productie-venture, gezien het bedrijf de omvang en China behoedzaamheid in om verdere uitbreiding van de capaciteit auto-industrie , zegt Lin.

    China heeft geprobeerd sinds 2009 om het auto-industrie te verminderen tot 10 bedrijven die 90 procent van de markt van ongeveer 100 fabrikanten op dit moment. De China Association of Automobile Manufacturers omzetgegevens niet rank Youngman de top van de natie de 10 autofabrikanten.

    heb een stuk hiervan vertaald om proberen te begrijpen hoe de chinese overheid hier over denkt!
  7. [verwijderd] 14 juni 2011 13:24
    di 14 jun 2011, 12:20 Antonov trekt zich terug uit deal Saab STOCKHOLM (AFN) - De Russische zakenman Vladimir Antonov trekt zich terug uit een vastgoedtransactie met de Zweedse autofabrikant Saab, dochterbedrijf van het Nederlandse Spyker Cars. Dat maakte een woordvoerder van Antonov dinsdag bekend.

    Spyker Cars NV 14-06-2011 (13:04)
    3,011 EUR -7,07% -0,229

    Saab was van plan zijn vastgoed te verkopen aan Antonov en het daarna terug te huren. De vastgoeddeal wordt nu besproken met externe investeerders, aldus de woordvoerder van Antonov. Antonov heeft nog wel interesse om aandeelhouder van Saab/Spyker te worden, aldus de zegsman.

  8. s.lin 14 juni 2011 14:21
    'Stralende toekomst voor Duitse luxeauto's'

    Gepubliceerd op 14 jun 2011 om 14:12
    DUISBURG (AFN) - De toekomst voor de Duitse luxeautomerken BMW, Audi en Mercedes-Benz ziet er zonnig uit. De verkoop neemt sterker toe dan de groei van de algemene automarkt en de winsten zullen recordniveaus bereiken. Dat schrijft de gerenommeerde Duitse auto-expert Ferdinand Dudenhöffer in een studie die dinsdag werd gepubliceerd.

    Voor 2011 voorspelt Dudenhöffer dat de wereldwijde verkoop van BMW's, Audi's en Mercedessen met 11,7 procent zal stijgen, terwijl de algemene automarkt met 5,2 procent zal groeien. Volgens de auto-expert draaien de fabrieken van BMW, Audi en Mercedes op volle toeren en kunnen de autofabrikanten op recordwinsten rekenen.

    De vooruitzichten voor 2012 en 2013 zien er eveneens goed uit, aldus Dudenhöffer. Dat is vooral te danken aan de sterk groeiende vraag naar dure auto's van Duitse makelij in China en andere opkomende markten, stelt de automarktdeskundige

  9. AX lover 14 juni 2011 14:22
    quote:

    schreef:

    Subcontractors are waiting for a solution

    TROLLHÄTTAN
    The news of Youngman and long-term funding was welcomed among Saab subcontractors.

    - Now is important that a short term solution is found so that Saab can pay their outstanding debts, says Svenåke Berglie, president of FKG, the subcontractors' industry body.

    What Saab's debt is Svenåke Berglie does not know but he does believe that it is not enough to sell only the properties to pay their suppliers. It is important that production back up and running as quickly as possible at Saab.

    - Suppliers are working to protect their equity. In many companies there are now board level decisions being are made on Saab, and not at the enterprise level, "said Svenåke Berglie.

    Saab has planned for a production holdiay of two weeks [instead of 4] and he thinks this will be a costly affair.

    - Suppliers are not willing to pay for the extra cost themselves, "says Svenåke Berglie.

    Although Saab agreed to a reduced period of leave so remaining negotiations with subcontractors and their employees.

    Ulf Holmeby, President of the Union of Lear, has given notice to all 160 employees of termination, had yesterday received no information on production during the summer.

    - We have agreed on four weeks' annual leave and any other I have not heard. For the process to function at Saab, we have subcontractors who work just-in-time also have production. The same is true for Saturdays.

    He thinks it's very short notice to negotiate the holiday season.

    Most of the employees at Lear is at home all this week, when Saab announced early that they should not produce any cars.

    - We are doing everything we can to get the materials so that we can have a flow in the works again. We thought it was better to hear the decision for the whole week instead of a new decision every day, "says Ms Garfield on Saab's communications department.

    Everyone who works with the production Saab will not get time off this week.

    - There may be some who need to come in and prepare for the start of production. Their squad leaders give notice to the employees, "says Ms Garfield.
    ttela.se/ekonomi/saab/1.1248987-under...

    Saab heeft (op eigen houtje) de zomervakantie van hun productiepersoneel ingekort van 4 weken naar 2 weken. En ook besloten dat er gedurende een periode van 10 weken op zaterdag wordt gewerkt.

    Hierover is blijkbaar geen overleg geweest met de toeleveranciers. Die gaan uit van een vakantie van 4 weken en hebben weinig zin om hun productie 2 weken extra door te laten lopen. Het zal me dus benieuwen of Saab voor die 2 weken wel onderdelen krijgt. Zeker omdat alles verloopt via Just in Time.

    Het is ook een teken aan de wand dat toeleveranciers als hun personeel naar huis stuurt en dat ze voorlopig niet terug hoeven te komen.

    De productie ligt momenteel stil en de leveranciers hebben nog steeds geen geld. Die leveren dus niks aan Saab en produceren ook niks. Pas als er geld is zullen ze de productie van onderdelen voor Saab weer eens gaan opstarten. Daar zullen ze op zijn vroegst(!) volgende week mee beginnen.

    Voordat Saab alle benodigde onderdelen heeft ben je zo weer een week verder.

    Ik zal verbaasd zijn als er in juni nog op een normale/reguliere manier auto's gebouwd gaan worden.
  10. AX lover 14 juni 2011 14:30
    Een tekenende reactie van een boze Saab klant die op zijn auto wacht:

    quote:

    schreef:

    I alread saw that the leasecompany we ordered our new 9-5 is not offering Saabs anymore for calculation. Saab just dissapaered from the lease-calculator. If our car isn’t delievered within a few weeks, the order will be cancelled to by the lease company.
    Beside this, it really upset us that VM and VA have their independence day editions while our order was in before that one could even be ordered.
    www.saabsunited.com/2011/06/saabs-deb...

    independence day editions = Speciale uitvoering van de 9-3 Cabrio.

    Reguliere klanten krijgen hun auto niet, maar Victor & Vladimir krijgen wel hun auto's geleverd, terwijl die veel later besteld zijn...
  11. s.lin 14 juni 2011 14:42
    UPDATE: Spyker-CEO: vastgoeddeal met Antonov gaat niet door
    Gepubliceerd: 14:39
    (Update van eerder gepubliceerd bericht 'Spyker-CEO: vastgoeddeal met Antonov gaat definitief niet door' om informatie toe te voegen.)

    Door Eelco Hiltermann

    Van DOW JONES NIEUWSDIENST

    AMSTERDAM (Dow Jones)--Spyker Cars nv (SPYKR.AE) bevestigt dinsdag dat de vastgoeddeal tussen dochterbedrijf Saab Automobile en de Russische investeerder Vladimir Antonov definitief van de baan is, omdat het de partijen niet is gelukt de benodigde overheidstoestemming te krijgen.

    "Antonov wil heel graag, maar hij krijgt geen toestemming. Dan moet je eieren voor je geld kiezen", zegt bestuursvoorzitter Victor Muller van Spyker tegenover Dow Jones Nieuwsdienst.

    Muller bevestigt daarmee een bericht van persbureau Reuters, dat op basis van een woordvoerder van Antonov eerder dinsdag meldde dat de vastgoeddeal is afgeblazen.

    Spyker wilde vastgoedposities van Saab verkopen en daarna weer terughuren, om zo financiering voor de korte termijn veilig te stellen. De Europese Investeringsbank (EIB), die een kredietfaciliteit van euro400 mln aan Saab heeft verstrekt, wilde echter geen toestemming geven.

    De EIB eiste dat de vastgoedposities gelijk zouden worden doorverkocht en niet in handen zouden blijven van Antonov, die een omstreden reputatie heeft. Zo zou Antonov banden hebben met de maffia.
    Muller zegt het vastgoed alsnog te willen verkopen en voor een mogelijke overeenkomst in gesprek te zijn met andere partijen.

    De CEO wil de opbrengst van een eventuele vastgoeddeal aanwenden voor het heropstarten van de productie, die deze week wederom stilligt door betalingsproblemen aan leveranciers.

    De productie werd eind mei hervat na twee maanden te zijn onderbroken, maar moest snel weer worden stilgelegd vanwege aanhoudende problemen rond de levering van onderdelen.

    Muller kan niet aangeven in hoeverre een vastgoeddeal noodzakelijk is voor de hervatting van de productie. "Dat ligt aan de voorwaarden van de leveranciers", aldus de CEO, die wel aangeeft "nagenoeg rond te zijn met alle leveranciers".

    Wanneer de productie weer wordt hervat kan Muller echter niet aangeven. "Je kan het je niet permitteren dat e e n leverancier niet levert, je hebt iedereen nodig", aldus Muller.

    Zodra de productie weer volledig is opgestart, is de financiering voor de lange en middellange termijn verzekerd, zegt Muller. Onlangs sloot Spyker overeenkomsten met de Chinese partijen Zhejiang Youngman Lotus Automobile Co Ltd en Pang Da Automobile Trade Co Ltd (601258.SH) voor verkoop en distributie van Saabs in China.

    Bovendien nemen beide bedrijven een belang in Spyker voor in totaal euro245 mln. Deze overeenkomsten zijn nog wel afhankelijk van diverse goedkeuringen van overheidsinstanties en derde partijen.

    Het aandeel Saab noteert dinsdag rond 14.20 uur 5,6% lager op euro3,06.

    Door Eelco Hiltermann; Dow Jones Nieuwsdienst; +31 20 571 5200; eelco.hiltermann@dowjones.com

    (c) 2011 Dow Jones & Company, Inc
  12. forum rang 10 voda 14 juni 2011 17:21
    UPDATE: Spyker's Real-Estate Deal With Antonov Blocked


    (Adds detail and comment throughout.)


    By Eelco Hiltermann
    Of DOW JONES NEWSWIRES

    AMSTERDAM (Dow Jones)--Saab Automobile parent Spyker Cars NV (SPYKR.AE) won't enter a real-estate transaction to shore up its finances with Russian investor Vladimir Antonov after authorities refused to approve a deal, Chief Executive Victor Muller told Dow Jones Newswires Tuesday.

    His remarks confirmed a Reuters report earlier Tuesday.

    According to Lars Carlstrom, Antonov's representative in Stockholm, the European Investment Bank blocked the deal. "The issue stalled," he told Dow Jones Newswires Tuesday. "We felt that it was Antonov that was the problem."

    Carlstrom said the decision that Antonov should step away from the real-estate deal was made several weeks ago.

    Antonov previously has been a major shareholder in Spyker. He was forced out by Saab's former owner General Motors Co. (GM) as a condition of the U.S. auto maker's agreement to sell the Saab Automobile to Spyker.

    A spokesman for the EIB declined to comment. The EIB has loans extended to Saab Automobile that are backed by guarantees from the Swedish government. Spyker has put up real estate as collateral for the guarantees, but wants to free those assets so that it can sell them to raise capital and lease them back.

    The Netherlands-based Spyker is in talks with other parties on a real-estate deal to improve liquidity at Sweden's Saab Automobile, Muller said. He added that Spyker was close to reaching an agreement with all of its suppliers but couldn't predict when car production would resume.

    Production restarted at the end of May after a two-month suspension, but was halted again because Saab has been unable to get its supply chain in gear.


    -By Eelco Hiltermann, Dow Jones Newswires; +31 20 5715 218; eelco.hiltermann@dowjones.com

    (Christina Zander in Stockholm contributed to this report.)


    (END) Dow Jones Newswires
60 Posts
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