Saab is declining to comment on a Chinese source who have told just-auto money was paid into its account last week.
The source – who has asked for identity to remain confidential – told just-auto the cash had been paid although whether it will be used to settle outstanding August salaries has not been confirmed.
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“Money has arrived in their account, it arrived last week,” the source told just-auto from China.
Saab’s main white collar labour body Unionen previously indicated the total wage bill for July amounted to around SEK55m or US$8.5m, although the Chinese source asked that the amount it paid last week remain secret.
“There is nothing I can say about the salaries at this point,” a Saab spokeswoman in Sweden told just-auto.
“There are discussions happening, there is work going on behind the scenes like there always is. We are in dialogue with the unions.”
It is as yet unclear if the unions will still take further action following written communication with Saab detailing wages owed for August, a process that theoretically could lead to bankruptcy proceedings.
Saab still owes a considerable amount to its many suppliers, who will be eyeing any cash deposit with interest, while speculation in Sweden has also raised the possibility of a possible SEK1bn bridging loan that could be forthcoming in the next few days.
US investment firm Endeavor Advisory Group, which has been hired by Saab, confirmed to just-auto last week a “positive conversation is going on” in terms of a potential bridging loan to the stricken automaker.
