June 2011 | Angeline Albert
Saab Automobile has again been forced to
halt production at its main plant in Sweden having failed to satisfy suppliers
over payment terms.
two weeks after the carmaker restarted manufacturing after a seven-week shutdown
at the facility in Trollhättan in Sweden, a shortage of parts from vendors has
forced another stoppage. A spokeswoman for Saab’s parent company, Spyker Cars, said
some suppliers were withholding deliveries due to concerns about the company’s
discussions with suppliers are still ongoing and the financial state of the
company is a factor here. Production was down for seven weeks and that has also
had an effect on our suppliers. Suppliers have concerns about the financial
situation both the short and long-term,” said Gunilla Gustavs.
date could be given for a potential restart. “It takes time to negotiate with
suppliers and the process continues," she said.
Disruptionto operations began at the end of March when deliveries from some vendors were
stopped because of complaints over payment.
Following a foreign investment deal, it was hoped an agreement could be reached with suppliers, and subsequently
statement from the auto manufacturer said “negotiations with a number of
suppliers on payment and delivery terms are still ongoing”. There were 8,100
orders for cars from the affected factory at the end of May.
was this week boosted by further investment from China, with Zhejiang Youngman
Lotus Automobile Co taking a 29.9 per cent stake in the company in return for
€136 million (£119.8 million).