Saab said on Thursday some suppliers had agreed to restart deliveries and it was pursuing talks with others to get production going again after a month’s halt due to unpaid bills.
Production director and purchasing manager Gunnar Brunius, told Reuters Saab had begun talks with its roughly 800 suppliers on Wednesday and had already reached agreement with some, including plastic component supplier Plastal.
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“What we are aiming at, what is an internal goal here now, is (for production) to be up and running at the end of next week,” he told Reuters.
Under the Pang Da deal announced on Monday (16 May, 2011), Saab gets an instant EUR30m (US$43m) for vehicles destined for sale in China.
But a planned subsequent payment of EUR65m for a 24% equity stake in Spyker at EUR4.19 per share will require approval from Chinese authorities, something that may not be easy to get.
