schreef:
"Sounds too good to be true - but maybe it is"Published: 2012-02-02, by: Robert CollinRobert Collin: Youngman launched its bid as early as Monday
Chinese Youngman placed a bid on Saab and wants to build cars in Trollhattan. It sounds too good to be true.
But the revelation from Dagens Eko earlier today is true.
According to Aftonbladet, Youngman did bid as early as Monday.It has previously talked about the Chinese want to give up to five billion Kronor for Saab, but the current bid will be three billion Kronor (339 million euro).
Youngman want to pay more than that, but right now discussing how much you actually get for your money, and what responsibility Youngman takes to staff.
What is it Youngman sheep, and not for money?
Not the right to build the new Saab 9-5 and no right to sell the SUV 9-4X built in a General Motors plant in Mexico. There, says GM stops and there is no discussion.
In contrast, the 9-3 is free. Where GM has already left more than right to the Epsilon platform to Saab Automobile.
The car's diesel engines are from Fiat, so they are also 'free'. Petrol engines and transmissions, however come from GM, but GM already sells them to other manufacturers, so it will probably not be a problem.
Another issue is the brand name, but here, Saab AB hinted that Youngman might have the right to use the classic logo.
Youngman has for some years a technical collaboration with Lotus, the former British sports car manufacturer who is now domiciled in Malaysia. Lotus helps Youngman to build cars for the Chinese market.
According to Youngmans plans to build 9-3 and 'Lotus cars' in the Trollhättan factory which is one of Europe's most modern and efficient.
Youngman laid his billions bid the entire Saab's bankruptcy on Monday, but the receivers are also other stakeholders to consider.
Indian automaker Mahindra has not added any bids yet but is very interested. The Turkish company Brightwell is also in discussions and would like to place a bid.
Others who the receivers are talking to are Volvo-owner Geely, who want to access Saab's development department with up to thousands of engineers, but that hardly want to build cars in Trollhattan, and the Chinese-Japanese consortium BAIC-Panasonic. BAIC has already bought the rights of the previous generation Saab 9-3 production in Shanghai and Panasonic are about to enter automotive industry. They want to build electric cars in Trollhattan.
According to Aftonbladet, the latter two bankruptcy trustees favorites, although the two option, the biggest decline in jobs in western Sweden.
The coming days will tell whether Youngman released.