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Okay. I will fill in from the news that are at the front of all Swedish newspapers today.
What did not get mentioned was that delegates from the Swedish government traveled to Detroit for todays meeting, where the future strategy of SAAB was discussed.
If no-one buys SAAB off of GM in 30 days. The brand gets killed.
And the "Fire:ing" of Fritz..
Here's what a Swedish Auto Journalist Robert Collin commented on "Aftonbladet" Swedens largest newspaper. (My Translation)
"The Reason according to my sources is mainly the porly handled "Opel-deal".
Angela Merkel paid out a multi billion loan to Opel, a loan that was supposed to not have any "conditions", the loan(s) should of not hav had any conditions to any particular purchaser.
But in reality the loan(s) had conditions towards that a sparepartscompany named "Magna" would be able to buy Opel off of GM.
Which later on showed to be a problem. As Opel was not gonna be sold. And GM therefore GM was forced to start repaying the loan back to Merkel. Something that definetly was not planned upon.
The Board of GM think that Fritz Henderson did not conduct that item correctly. Therefore he is forced to resign."
From: "http://blogg.aftonbladet.se/robertcollin"
Last edited by EvolutioN; 12-01-2009 at 08:03 PM.
Reason: Spelling misstake
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