BMW is suing one of Saab’s remnant subsidiaries, Saab Automobile Parts AB, to the tune of €2.6m for unpaid deliveries. Back in September 2010 BMW signed a deal with Saab to supply engines and spare parts for the 9-3.
Obviously the minor obstacle of bankruptcy got in the way and Saab has been unable to fulfill their commitment to BMW.
It’s not the first time Saab Automobile Parts has heard from BMW regarding this matter and Lennart Stahl, Chief Executive of Saab Automobile Parts AB, confirms they’re ready to go through it all again. “Our lawyers will now go through the lawsuit carefully and see if anything new has been added before we decide what to do,” he said.
Key to the case is the claim from BMW that a number of engines and parts were actually ordered but never paid for. BMW say they sent polite reminders to Saab giving them time to honour their debts.
Unsurprisingly, Lennart Stahl holds a contradictory view to that of BMW. “Saab Automobile Parts AB have not ordered or received any spare parts or components from BMW,” he said. “Why would a spare part company order components for a car model that’s not yet in production?”
[Source: Fox Business]
One reply on “BMW kicks Saab while down, asks for €2.6m”
Being Bankrupt means you can’t pay your debts and administrators should decide who gets paid what from the remaining cash or assets, Unless the Saab parts is a seperate company. Don’t think BMW would be asking for payment if they didn’t supply these parts.