• Sep 22nd 2010 at 6:33PM
  • 9
According to Reuters, the Swedish government is pursuing a $15.9 million debt that it says is owed by Saab. The country said that if the carmaker's newest owner, Spyker, didn't turn over the funds by September 20, that it would leave the matter in the hands of its official debt collector. Since that date has already come and gone, we can only imagine that there's a crack team of burly looking Swedes threatening to break some kneecaps in Zeewolde as you read this. Meanwhile, Spyker CEO Victor Muller has said that the issue is nothing more than a legal dispute and that it will be handled through the appropriate channels.
So where does this alleged debt originate? According to the report, the Swedish government paid Saab's worker's wages while the company was transitioning between General Motors and Spyker ownership. In the past, both Saab and Spyker have said that the carmaker should only be held responsible for a portion of the debt. From the looks of things, the Swedish government begs to differ.

[Source: Reuters]

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    • 1 Second Ago
        • 4 Years Ago
        LOL nice - the old swedish chef running around with a meat cleaver - wait, wasn't he the one that ran things swedish for GM?!?
      • 4 Years Ago
      You want someone to blame, then blame GM for systematically destroying SAAB's mojo with indecision and bad engineering...they should pay for the debt not the new owners who are trying to keep the business going and keep a lot of SAAB employees employed which is very honourable. What GM did to SAAB was terrible when they should have made it great with all that money.
      • 4 Years Ago
      I have owned to many cars in the past to remember but the one car I can't let go is my Saab 9-5. Don't understand what the hate is all about here people. You don't like the company, shut up and move on.
      • 4 Years Ago
      Why Saab wasn't allowed to go to it's sunset is beyond me. Or why Spyker would invest millions in a car company in a down economy that stretches world wide. Too many good choices out there; we don't need another mid size car w/o any specialty ... other than reaching out to the 3 dedicated Saab owners/1000. A large GM/Hyundai dealer near here carries Saab as well - can't give 'em away.
        • 4 Years Ago
        Agree, SAAB may build cool cars, but how many do they actually sale? They have never been top sellers. Quirky yes.They have never been a major player.
        Nobody wanted the company either. Whitacre said something like show me the money did he not?
        • 4 Years Ago
        SAAB!! How can you not like Saab? :o - Not talking about the GM trash. Have you even seen/heard about the new 9-5?! (I KNOW it's GM by the way, but it's still AMAZING!!)
        • 4 Years Ago
        Apparently Spyker is upside down as well. Buying Saab was akin to buying off a bit more than they could chew. I also don't see anything appealing or gamechanging in the new LaCro... I mean 9-5 that makes it any different than what Saab has been selling for decades already.
      • 4 Years Ago
      Hey here's an idea, let's talk about everything other than the topic at hand! Let's use a story on debt collection to talk about how their cars are rubbish anyway! Let's give TriShield another opportunity to gasbag!

      What I want to know is how other government funds directed at protecting auto factory jobs following the GFC were paid back. I.e. Whether the funding was considered a standard loan to a business, or a government stimulus package to protect their economy (which was widespread across all industries during the GFC). In the end all that matters is what agreement Sweden and SAAB came to before the money exchanged hands - surely the wording should be pretty cut and dry.