...but for how long will the company survive?

Since the govt. (i.e. us taxpayers :p ) guarantees a £ 300.000.000 loan from the European Investment Bank one feels a certain queasiness.

"No state-owned car factory" has been the Swedish governments mantra in the Saab discussions. They may find themselves owning one any year now.

Could it just be an asset stripping exercise a bit like Rover?

A £300 loan? That's not much!

...but for how long will the company survive?

Since the govt. (i.e. us taxpayers :p ) guarantees a £ 300.000.000 loan from the European Investment Bank one feels a certain queasiness.

"No state-owned car factory" has been the Swedish governments mantra in the Saab discussions. They may find themselves owning one any year now.

I can't quite see how this is going to work, afterall how much volume (ok, relativily small volume) car production experience has Spyker got?

Since Saab made a £255M loss in 2008 and has not made a profit since 2001 (from the BBC report) what do Spyker (sold 43 cars and made a loss of £21M in 2008) think that they can do differently that will turn a combined £270M to £300M loss per year around? If GM, with all their collective resources and component sharing capacities, etc. couldn't make it pay, how will Spyker?

I think GM have just shuffled the costs of the plant closure over to the Swedish taxpayer.

The only way forward for Saab (now Spyker) is if they can persuade a Chinese manufacturer to take it off their hands.

A £300 loan? That's not much!

A £300 loan? That's not much!

He's a Swede. He uses "." characters as a thousands separator, like most of us use "," and software types use "_".