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Less than a week after Saab idled its Trollhattan plant in Sweden for a few days due to a shortage of parts after failing to pay suppliers, the company once again halted production on Tuesday for the same exact reasons, despite solving the previous disputes.
- Saab Further Delays Production Restart Due To Lack Of Parts
Saab announced today that it is still in discussions with its suppliers over supply and delivery terms in order to restart production at its Trollhattan factory. Yet, as the Swedish automaker tries to secure short-term funds, it isn't able to guarantee...
- New Chinese Order Provides Saab With A Temporary Lifeline
Maybe the future of Saab isn’t as dark as it looks, and the voluntary bankruptcy proposed by suppliers isn’t the only solution. Well, at least for now. That’s because the Swedish automaker announced today that an unnamed Chinese...
- Saab Temporarily Suspends Production Again While It Seeks Parts
The on-off production drama over at Saab’s Trollhättan facility in Sweden continues as the troubled automaker said Wednesday that it temporarily halted production due to a lack of components from its suppliers only two weeks after resuming...
- Saved By Antonov: Saab Sells Production Facilities To Russian Banker To Get Cash
The Swedish government offered Saab conditional backing for a deal to free up cash for the company (see previous story here), whose production lines have been stopped for two weeks as Saab didn't pay suppliers. "We have decided to allow the...
- Saab Temporarily Halts Production After Suppliers Suspend Parts For Not Being Paid
In a sign of the possible problems brewing up at Saab, the Swedish firm was forced to temporarily halt production for a few hours at its plant on Tuesday as well as on Wednesday after component makers cut off deliveries to the factory because they hadn’t...
Cars
New Woes for Saab, Production Halted Again After Company Fails to Pay Suppliers
Less than a week after Saab idled its Trollhattan plant in Sweden for a few days due to a shortage of parts after failing to pay suppliers, the company once again halted production on Tuesday for the same exact reasons, despite solving the previous disputes.
"Production is stopped right now. It was stopped this morning," said Saab spokesperson Gunilla Gustavs. "We are working intensively to make sure the flow gets going again. We are having discussions with suppliers and doing our best to come to mutual agreements," Gustavs added.
Read more »- Saab Further Delays Production Restart Due To Lack Of Parts
Saab announced today that it is still in discussions with its suppliers over supply and delivery terms in order to restart production at its Trollhattan factory. Yet, as the Swedish automaker tries to secure short-term funds, it isn't able to guarantee...
- New Chinese Order Provides Saab With A Temporary Lifeline
Maybe the future of Saab isn’t as dark as it looks, and the voluntary bankruptcy proposed by suppliers isn’t the only solution. Well, at least for now. That’s because the Swedish automaker announced today that an unnamed Chinese...
- Saab Temporarily Suspends Production Again While It Seeks Parts
The on-off production drama over at Saab’s Trollhättan facility in Sweden continues as the troubled automaker said Wednesday that it temporarily halted production due to a lack of components from its suppliers only two weeks after resuming...
- Saved By Antonov: Saab Sells Production Facilities To Russian Banker To Get Cash
The Swedish government offered Saab conditional backing for a deal to free up cash for the company (see previous story here), whose production lines have been stopped for two weeks as Saab didn't pay suppliers. "We have decided to allow the...
- Saab Temporarily Halts Production After Suppliers Suspend Parts For Not Being Paid
In a sign of the possible problems brewing up at Saab, the Swedish firm was forced to temporarily halt production for a few hours at its plant on Tuesday as well as on Wednesday after component makers cut off deliveries to the factory because they hadn’t...