• Apr 5, 2011
Last week, Saab ran into production problems when some suppliers stopped shipment of parts due to lack of payment. The news led to speculation that the Swedish automaker was running out of cash. And it didn't help that outgoing Saab CEO Jan-Åke Jonsson seemed to retire unexpectedly as the automaker struggled to gain its footing as an independent automaker.

Just-Auto reports that Spyker CEO Victor Muller was at a new model presentation in Stockholm when he told Dow Jones Newswires that the cause of the problem was a "small glitch," adding that the reports of the automaker's demise is "disproportionate." Muller went on to add that he now regrets discussing volume projections in the wake of the automaker's sale early in 2010. We're guessing that's the case mainly because Saab doesn't appear to be close to hitting its 2011 sales target of 80,000 units. After a couple of brief hiccups, Saab was able to get its factories firing again last week after the supply base was paid and deliveries were restarted.

[Source: Just-Auto | Image: Bjorn Larsson Rosvall/AFP/Getty]


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  • 14 Comments
      • 3 Years Ago
      If Saab disappeared, would anyone notice? GM should have allowed them to die like Pontiac, Hummer, and Saturn.
      • 3 Years Ago
      Someone hire that guy a fashion consultant.
        • 3 Years Ago
        I work at a Saab dealership.. his um.. "style" is par for the course of their owners haha.. only in the men and older women.. the ladies for some reason dress quite nice. lol
        • 3 Years Ago
        Amen,

        Who wears a pin stripe suit with a striped shirt?! That's awful.
      • 3 Years Ago
      Its amazing other plants stop every day due to parts supply problems but they don't make the news, its funny that people/vultures single out SAAB…………another non news item
      • 3 Years Ago
      Nice BMW/PSA motor.
      • 3 Years Ago
      Sure Saab, I will totally believe that guy who looks like he had quite a bit of trouble dressing himself in the morning.
      • 3 Years Ago
      It's going to be sad watching Saab repeat this "don't look over there" dance repeatedly over the next few years. Like any good company, they will deny, deny, deny that financial problems exist...until the day they fold.
      • 3 Years Ago
      not so relialble you might think...
        • 3 Years Ago
        Best? With a bucketload of fasle facts? Between 2005 and 2007 Saab sold about 120 000 cars globally yearly! The best year was at about 130 000 if I remember correctly. So I don't see where the 200+% comes from? Does the journalist know it himself? I don't think so. Don't spread lies! 120 000 is a really viable target, and at 100 000 they'll make a good profit already (break-even at 70 000)
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