It looks like Saab isn't going to resume vehicle production on August 9 as it previously stated. Talks are currently continuing with the automaker's supplier base and the company's new partners to secure additional short-term funding. Apparently, Saab is still waiting on the delivery of some parts necessary to start production, and as a result, manufacturing has been postponed until those pieces can be secured.

Currently, the automaker says that it has around 11,000 orders on hand, and that its executives are optimistic about being able to nail down all the necessary delivery plans to continue producing vehicles. At the earliest, that may now be as soon as August 29.

Saab has frantically worked to secure partners for long-, mid- and short-term funding, and the automaker has announced a rash of new plans as a result of its efforts. The most recent of those include the introduction of three new models in cooperation with Chinese companies Pang Da and Youngman. Click past the jump for the automaker's press release on the most recent delay.
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SAAB AUTOMOBILE UPDATE ON PRODUCTION

Zeewolde, The Netherlands, 21 July 2011 - Swedish Automobile N.V. (Swan) announces that Saab Automobile AB (Saab Automobile) continues discussions with its supplier base on material supply and delivery terms in order to be able to resume production at its Trollhättan plant. Swan and Saab Automobile continue their discussions with parties to obtain further short-term funding to be able to restart and sustain production. As delivery of all parts needed to secure a production start is not yet agreed production will not resume on August 9 as intended and will be postponed until a full commitment on delivery plans can be secured.

Gunnar Brunius, Vice President of Production and Purchasing said: "I am positive about the progress we made on the payment terms with our suppliers and it is good to see that we all want to make it work. What we need now is a full commitment on supply of parts into our factory to be able to restart production and secure a stable manufacturing operation. We are now working hard with our suppliers to nail down these plans, commit to a delivery schedule and start building the close to 11,000 cars that we currently have in our order books. The industry-wide summer break at our suppliers caused certain key suppliers not to be able to supply us in time. Saab Automobile hopes to restart production earliest in week 35 provided that it is able to commit to a delivery schedule with its suppliers."


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    • 1 Second Ago
  • 28 Comments
      Blackstar
      • 3 Years Ago
      SAAB doesn't need saving, they are 'Born from Jets!' So all we need to do is get some more jets pregnant.
      CarCrazy24
      • 3 Years Ago
      Hang in there SAAB! I still need to buy your 2012 9-5 SportCombi, don't go away!
      kmrk
      • 3 Years Ago
      Why save Saab? Just like any other automaker if they can't compete they should go out. The US bailout of the automakers was an absolute disgrace.
      rmkensington
      • 3 Years Ago
      Saabs a lot like Metallica. Cool about 20 years ago.
      Andrew
      • 3 Years Ago
      it's as though they announced this thinking people actually cared
      DrEvil
      • 3 Years Ago
      They're done, bring in the clergy and read them their last rites.
        Alex740
        • 3 Years Ago
        @DrEvil
        It's funny that commenters on here say that Saab is dead every time there is a story about the brand but somehow they always pull through, you would think people would get the pattern by now. Hell, if you go back 20 years people were calling Saab dead and somehow they avoided the chopping block at GM while bigger brands like Pontiac did not. The brand keeps proving everyone wrong and even if the company folds the Chinese are going to scoop up the brand because it would be a much easier name to revive then starting fresh in the west with an unknown Chinese brand.
      emperor koku
      • 3 Years Ago
      I'm reminded of Austin Powers... "WHY WON'T YOU DIE?!"
      Lamborrari
      • 3 Years Ago
      Put a fork in them. They're done. The only question now is how many of Volvo's suppliers will go bankrupt from the loss of Saab. Geely wants to move more Volvo production to China so even if Swedish suppliers do go bust there are always eager companies in China to replace them.
        Alex740
        • 3 Years Ago
        @Lamborrari
        Geely wants to move Volvo production for Chinese market Volvos to China, not for the rest of the world. This is not uncommon and other luxury manufacturers are already doing it. And even if components are made in China it's not that big of deal, people seem to forget how many of our consumer goods here in the US have been made in China for the past 30 some years without much recognition on very recently.
        WitnessX
        • 3 Years Ago
        @Lamborrari
        Yeah, with cheaply engineered parts that break easily.
      Hazdaz
      • 3 Years Ago
      I sense the Chinese have found another victim... opps, I mean, another car company they can "invest" in. All they have to do is keep buying up these Western car companies, and slowly but surely move production, and eventually engineering and styling, to China. If they do it slow enough many consumers might not even notice the melamine-laced interiors or whatever the latest craze to save a penny is in China. By them buying up these established Western brands, they have side-stepped decades worth of hard work in building up name recognition and earning a legit reputation. They can go from being completely unknown outside of China, to being fairly well known in most 1st world car markets in no time flat.
      2 Wheeled Menace
      • 3 Years Ago
      Hold on; they're still alive?
        VictorRaikkonen
        • 3 Years Ago
        @2 Wheeled Menace
        Yea, but in the ICU at the moment and I hear the prognosis is pretty grim.
      Spiel
      • 3 Years Ago
      Seriously, stop, just stop. As much as I would like Saab to pull through, it's just not going to happen. Think of all the bad PR going on, who's going to be crazy enough to drop $30K-$50K (on a loan I might add) on a company who's demise is in a flip of a coin every what...week?
      Gator
      • 3 Years Ago
      Why doesn't Saab fail already. They make 100% shitty cars from mix match parts. When will Capitalism come into to effect. Either die or start over and go back to your roots.
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