Re: 157M loan to SAAB!! Hope it is true. - Saab General Bulletin Board - Saabnet.com
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Re: 157M loan to SAAB!! Hope it is true.
Posted by James [Email] (more from James) on Sat, 3 Sep 2011 18:43:47
In Reply to: Re: 157M loan to SAAB!! Hope it is true., SENewhouse, Sat, 3 Sep 2011 18:16:42
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I largely agree. The damage done to the supply chain by shutting production can not be insignificant. I am frustrated + surprised that management didn't see this coming + didn't pull together financing proactively prior to things unraveling. I'm afraid 157M won't go that far - we've seen infusions through the summer + they barely paid salaries + suppliers to stave of bankruptcy... I really hope they can pull it off!
That said, there is a new "9-3" that's seemingly pretty close to release + the old 9-3 has been updated significantly (if not drastically on aesthetic front). That is actually the most appealing product in the line right now for me: the 2012 9-3x. But they aren't making any yet... Maybe the 9-4x will sell well in the US... sure hope so!
James...
posted by 67.158.75...
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