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Double Pang to buy Saab and GM China GM do not agree with the global
 

Young Automotive Group, a large joint (both chairman Pang Qinghua, young people have the surname Pang Pang, so-called "double-Pong"), then the acquisition of Saab turmoil.

    Recently, GM China said in a statement sent to the newspaper: If Saab appears to modify and change of ownership, GM will not agree to extend or continue existing technology permits the supply for the Saab 9-4X models, because it does not meet the general the best interests of shareholders. Court-appointed monitor of the restructuring process has also said the lawyer, the General Motors declined to Chinese investors for the acquisition of Sweden's Saab bid, the Saab Automobile will continue to be placed under the protection of the court to extend bankruptcy protection.

    Saab bankruptcy court-appointed supervisor Gailufuke (GuyLofalk) recently said, "We will continue to try to figure out the impact of GM decisions, and to explore whether there is room for mediation." Reported that Saab Automobile is to apply end of the bankruptcy protection would depend entirely Gailufuke, he said in an interview that he is entirely possible to do so, but did not specify in what circumstances would make such a decision.

    GM China GM's global and do not agree

    This statement from a large youth program to be acquired by Saab's latest signing is only ten days. October 28, a large automotive group with young people, the Swedish car company signed a new Memorandum of Understanding, a large automotive group with a total investment of 100 million youth euros to buy Swedish automaker Saab Automobile holds 100% of the shares, equivalent to the original agreement signed 2.2 fold, "Double Pang," whooped arrived. However, because of this acquisition program will also eventually get the Chinese government, the Swedish government's approval and the original owners of General Motors, Saab's license, so the large youth and Saab signed a memorandum of understanding still uncertainties. It is reported that a large and young car, Saab Automobile will soon start negotiations with General Motors.

    November 7, General Motors spokesman told foreign media statement, GM does not agree with Saab easy to master. GM China said in a statement after the current GM in reasonable agreement and the conditions continue to provide power to the Saab system and other components. But if Saab ownership changes occur, will stop the supply of this series, as Shanghai GM will be using some of the components, General Motors would not want to see Saab to China after the Chinese market to compete with GM. It is understood that some Saab models or by common technologies available, including some parts for the Saab cars.

    Saab needs "through four"

    Analysts said that the "double Pang," If we want a successful purchase Ru Sabo, need Quartet recognition. In addition to Sweden vehicles, including the U.S. General Motors, the two business sectors Rui, the European Investment Bank. The large side had too much focus in Sweden on the car and the two governments for approval, but it ignores the GM and the European Investment Bank's attitude was a result reached today such an embarrassing situation. Large group chairman Pang Qinghua in an interview earlier when only said that the current car, including the CEO of the Swedish Government of Sweden on behalf of Mueller and stakeholders, General Motors is still the United States in close consultation with local matter, I believe that soon there will be a a clear view. He also said that although the general effect against this acquisition, but it did not veto.

    General Motors, Saab Automobile early 2010 price of $ 400 million changed hands to the Swedish car company, received $ 074 million in cash, preferred stock to offset the balance in equal installments. In addition, Saab sold to Spyker before, GM and Saab have signed on to share five years, vehicle, engine, supercharged, security and other key technology platforms (including the Phoenix platform) protocol. If GM does not agree to transfer the core technology, "double-Pang" can only be a "shell" Saab.

    GM is not unexpected sudden change of face. Before this huge Saab join the ranks of competition, it once boasted Saab plant in China, and as a common platform with Saab technology sharing, technical models for GM in China, the threat is not made and Yu. However, according to a memorandum of understanding previously mentioned, the acquisition program will be no later than 15th of this month signed a formal agreement, memorandum of understanding if you do not realize is automatically stopped. This means, leaving a large group, young people and Saab cars to solve the problem of time is very limited.

The article above is transfered from glow plug, and spark plug





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