[Subscribe to Daily Digest] |
Members do not see ads below this line. - Help Keep This Site Online - Signup
This is the first message in over a month from Saab North America to dealers.
From: Saab Cars [mailto:SaabNASaab-na.com]
Sent: Friday, April 27, 2012 12:01 PM
To: Saab Cars
Cc: Tim Colbeck
Subject:
Dear Saab Retailer,
I wanted to give you an update on the situation regarding parts availability. I realize that information up to now has been very scarce and I do apologize for that. As we all know, the complexities of the SCNA Chapter 11 and liquidation have made the normal business of parts distribution, as well as the communication process more difficult. While SCNA has made every effort to make parts available and to purchase backorder parts for supply to North American retailers, the current parts supply situation is not ideal.
The revenue generated from parts sales since the restart in January has been held in escrow for the benefit of creditors. SCNA will continue to sell parts to Saab dealers from the Allentown warehouse under the current process until a buyer is found for the parts or until the inventory is insufficient to generate enough revenue to cover the cost of doing business, whichever comes first. In the meantime, SCNA is preparing to sell the remaining Allentown parts in a manner which will maximize the value to creditors. This process is under discussion with the Creditors Committee and when finalized, will be presented to the court for approval. The intention is to complete the sale at the end of May or in June.
As you may already be aware, Saab Parts AB is establishing a subsidiary company in North America with the intention of fulfilling the parts and technical services needs of North American customers. This company will be much like the company established in the U.K. for the same purpose. Saab Parts AB has also indicated their interest in purchasing the remaining Allentown inventory and would like to participate in the sale once the process is approved. Saab Parts AB intends to have the new company up and running during the month of June. I expect to see an announcement directly from the new company to all dealers in the near term.
You may have seen a recent press release by Saab Parts AB announcing the company signed an agreement to use Saab’s press and body shop plant to manufacture replacement body parts. A second agreement was signed to acquire a large number of fully assembled parts and other components. I believe these new announcements along with continuing efforts to re-establish relationships with many suppliers, point to much better availability of parts in the near future for Saab retailers and customers.
I appreciate your patience and understanding as SCNA winds down its operations and I look forward to the establishment of the new company to provide access to Saab parts and technical services in North America for the future.
Best Regards,
Tim
Timothy M. Colbeck
President and COO
Saab Cars North America, Inc.
posted by 69.205.35...
, Sat, 28 Apr 2012 10:11:32
, Sat, 28 Apr 2012 06:43:23
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
 |
 |
 |
 |
 |
