These are worrying times for Saab. It doesn't get much worse than experiencing a liquidity crisis while you are still operating well below break-even. Disrupted parts supply due to payment disputes is the kind of thing that needs to be 'nipped in the bud' before it gets out of control, suppliers start to demand even tighter payment terms and confidence generally begins to dissipate.

It hasn't exactly been nipped in the bud, but it sounds like the immediate liquidity crisis is, at least, likely to ease under a proposed deal that involves selling company assets and leasing them back.

Victor Muller now needs to steady the Saab ship and offer some reassurance to concerned suppliers and dealers. The plan was to lift Saab sales this year to 80,000 units and get to a break-even level of volume (120,000 or so) in 2012. Although Saab was not much above 30,000 units last year – a transition year - the numbers for a brand that has a following and a newish model in the 9-5 do not look outlandish. Between 2000 and 2008 Saab never made less than 98,000 cars a year, in spite of dealers having to endure a dearth of new product.

If the liquidity crisis is indeed stemmed, the opportunity is there to get things back on track. Hitting 80,000 units this year is perhaps less important than output and sales heading firmly in the right direction, sales distribution networks being successfully developed, credible plans firmly in place for new product working with partners like BMW. And no more issues with suppliers or immediate concerns over cash.

You can probably guess that I would like Saab to succeed rather than fail. It's a brave business plan and model that Victor Muller has put together (low-cost executive brand niche), but it's one with a chance and the chance is still there. However, the next two months will be vital. If the ship is not steadied now, Saab could well soon be seen as a lost cause. If confidence ebbs, the slide to bankruptcy could be rapid.