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  • William Maley
    William Maley

    Who's Interested In Saab?

    With Saab heading into bankruptcy, companies are coming in to snap up pieces of the brand.

    Hans Bergqvist, the administrator in charge of liquidating Saab told Swedish publication NyTeknik that many companies are interested in Saab's assets.

    Berggvist did confirmed that one of the companies interested is Youngman Automotive. This should come as no surprise as the company tried to save Saab until the last minute and has invested tens of millions of euros to help pay for wages and taxes. A spokesman for the company said that it was primarily interested in the Phoenix platform that would have underpinned the next-generation 9-3 and possibly other technologies that didn't involve GM.

    But there is another party that is also interested in Saab's assets, the Turkish government.

    Turkey has numerous auto factories on its territory; Fiat, Renault, Toyota, Ford, and Hyundai all build cars there. But Turkey doesn't have their own brand. Buying up some of Saab's assets could help the country begin building their own car.

    According to the report, the Turkish Embassy was in contact the ministry talking about Saab.

    Source: NyTeknik


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