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[STOCKHOLM] The right to use the Saab brand name is the last major hurdle in the sale of bankrupt Saab Automobile to a group led by a Japanese investment firm and a Chinese energy company, two people familiar with the situation said.
The bankruptcy administrators leading the disposal of the Swedish carmaker are trying to secure the right to use the Saab name and logo from defence company Saab AB and truckmaker Scania AB on behalf of the Chinese-Japanese group, said the people, who declined to be named as the talks are private. Saab AB, Saab Auto and Scania, once a single company, own the brand name together and must approve of its transfer to a new party.
"Regardless of who buys Saab Automobile, we need significant information about the plans that any potential new owner may have as it's crucial that the brand name is taken care of properly," Erik Ljungberg, Scania's spokesman, said.
"We've gotten some information, but some is still lacking." Scania has met representatives of the consortium to discuss the brand issue, Mr Ljungberg said, declining to say whether it has also met other bidders.
same
Posts in this Thread:
- Saab brand said to be final hurdle in bankruptcy sale, JohnA
, Tue, 12 Jun 2012 20:54:58 <-- Viewing This Message- SWEDEN: Saab to hire 200 engineers; name doubts linger, JohnA
, Thu, 14 Jun 2012 11:37:14 - Re: Saab brand said to be final hurdle in bankruptcy sale, JohnA
, Wed, 13 Jun 2012 05:09:52 - Press conference at 1pm Swedish time, Kristjan
, Tue, 12 Jun 2012 23:48:42- Looks like SaabsUnited is down, JerseySaab
, Wed, 13 Jun 2012 04:07:58- They are back up, confirming NEVS as the buyer, JerseySaab
, Wed, 13 Jun 2012 04:31:30- Re: They are back up, confirming NEVS as the buyer, Snowmobile
, Wed, 13 Jun 2012 05:01:15- I'm afraid Saab is done..., jeff in MD, Wed, 13 Jun 2012 05:17:41
- Give it a little time and see..., MI-Roger
, Wed, 13 Jun 2012 13:17:31 - Re: I'm afraid Saab is done..., Scott Paterson
, Wed, 13 Jun 2012 07:26:34 - They may not have the Saab brand name yet, JerseySaab
, Wed, 13 Jun 2012 05:46:38 - Yeah sure..., ELaw
, Wed, 13 Jun 2012 05:31:04- How is she liking the Volt? nm, JohnA
, Wed, 13 Jun 2012 05:40:16- Re: How is she liking the Volt? nm, ELaw
, Wed, 13 Jun 2012 05:55:02- Re: How is she liking the Volt? nm, ALaw, Wed, 13 Jun 2012 07:21:22
- Thanks for this great write up..., Noel, Wed, 13 Jun 2012 15:40:27
- Mrs. Law, pleasure to meet you, Siegfried, Wed, 13 Jun 2012 08:10:37
- question..., Snowmobile
, Wed, 13 Jun 2012 07:30:36- Re: question..., ALaw, Wed, 13 Jun 2012 08:07:40
- Re: question..., ELaw
, Wed, 13 Jun 2012 07:53:05 - New Saab must solve, Kristjan
, Wed, 13 Jun 2012 07:40:14 - The real question is..., JerseySaab
, Wed, 13 Jun 2012 07:37:52
- Tss!, Siegfried, Wed, 13 Jun 2012 05:51:10
- Turbo was not as risky as this, JerseySaab
, Wed, 13 Jun 2012 05:16:26- Turbo WAS risky and Saab must be honored for that, Siegfried, Wed, 13 Jun 2012 05:47:27
- I have seen The Wall, JohnA
, Wed, 13 Jun 2012 05:41:32- Far from "everyone", JerseySaab
, Wed, 13 Jun 2012 05:56:01- Not for everybody but there is a niche, Kristjan
, Wed, 13 Jun 2012 07:09:16- A very small niche indeed, JerseySaab
, Wed, 13 Jun 2012 07:22:42 - niche vehicles, jeff in MD, Wed, 13 Jun 2012 07:18:24
- Re: niche vehicles, ELaw
, Wed, 13 Jun 2012 11:10:06- hardly, jeff in MD really, Wed, 13 Jun 2012 11:25:23
- Re: hardly, ELaw
, Wed, 13 Jun 2012 11:59:12- Re: hardly, jeff in MD really, Wed, 13 Jun 2012 12:14:38
- Hmmm..., ELaw
, Wed, 13 Jun 2012 06:08:49
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