Swedish court process to reorganize Saab into a fully independent business
Three new models ready to be launched over the next year and a half
Saab aims to bring resources back to Sweden
亟望将品牌资源重返故乡 ─ 瑞典
Funding sought for ‘new independent Saab’
Trollhättan. As a result of GM’s strategic review of the global Saab business the Saab Board announced today that it will file for reorganization under a self-managed Swedish court process to create a fully independent business entity that would be sustainable and suitable for investment.
The reorganization is a self-managed, Swedish legal process headed by an independent administrator appointed by the court who will work closely with the Saab management team. As part of the process, Saab will formulate its proposal for reorganization, which will include the concentration of design, engineering and manufacturing in Sweden. This proposal will be presented to creditors within three weeks of the filing. Pending court approval, the reorganization will be executed over a three-month period and will require independent funding to succeed.
“We explored and will continue to explore all available options for funding and/or selling Saab and it was determined a formal reorganization would be the best way to create a truly independent entity that is ready for investment,” said Jan Ake Jonsson, Managing Director for Saab Automobile. “With an all new 9-5, 9-3X and 9-4X all ready for launch over the next year and a half, Saab has an excellent foundation for strong growth, assuming we can get the funding to complete engineering, tooling and manage launch costs. Reorganization will give us the time and means that help get these products to market while minimizing the liquidity impact of Saab on GM.”
Saab汽车总裁Jan Ake Jonsson说：『我们一直在探索究竟是筹资好，或是出售Saab好，最后我们决定正式的重整，有可能是为创造一个真正独立事业体最好的方式』，『未来的一年半内，Saab将推出全新的9-3X,9-5与9-4X，Saab拥有一个良好品牌成长壮大的根基，假如我们可以筹得充份资金，这将能挹注新产品所需的完善工程、投产与上市费用。而重整提供我们时间，与可行方式，让这些新产品得以导入市场，并将现在挂在GM底下可能流于清算的可能降到最低』。
Funding for the restructured company will need to be secured during the reorganization process and will be sought from both public and private sources.
Saab will continue to operate as usual and in accordance with the formal reorganization process, with the Government providing some support during this period. The reorganization should have no impact on other GM operations. Details of the progress will be provided as milestones are achieved.