SWEDEN: Saab "story" must be finished next week says suppliers body
Saab says it is continuing to talk to Sweden's Debt Office with the crisis gripping the manufacturer leading the major suppliers association to call for a resolution to the situation by next week.
The automaker halted production for two days last week but has a slight respite as it does not normally schedule manufacture at weekends.
"The Debt Office is in discussion - lots of things are happening," a Saab spokesman in Sweden told just-auto. "We are looking for a solution to find extra liquidity, that process is not over yet."
There has been speculation that should Saab find a way through its difficulties, it could resume work on Monday morning, but the spokesman cautioned material had to be resupplied to the factory: "It does not take ten minutes," he said.
Meanwhile, Scandinavia's automotive suppliers association (FKG) head is urging the stoppage crisis at Saab be resolved next week.
The FKG managing director's comments which came at the end of the European working day on Friday (8 April), reflect a sense of urgency on the part of suppliers to Saab, with one major company running into problems with the automaker.
"I don't think anybody is supplying," FKG manager director Sven-Ake Berglie told just-auto. "This story has to be finished sometime next week, otherwise it will be in a way very difficult.
"I think Saab will survive because it is so important for the Swedish automotive cluster. Manufacturers are concerned about this because Sweden is a small country, but with a relatively big automotive industry. Vehicle manufacturers take cars from concept to finished product - we need a strong cluster to be able to do that."
Berglie added while no suppliers were totally dependent on Saab and that "I don't think any suppliers will fall," there could be plants where the main volume was for the automaker.
"That could be negative for other vehicle manufacturers of course," he said."