In the Saab soap, it looks like Vladimir Antonov does no longer want to be invited back. Swedish Aftonbladet reports that “Vladimir Antonov is pissed” (at least that’s Google’s translation for “Vladimir Antonov är förbannad”) and is looking  into legal action against  Sweden’s Prime Minister Fredrik Reinfeldt, Finance Minister Anders Bork and Maud Olofsson, Minister for Enterprise and Energy. Read More >

SvD.se reports that would-be Saab rescuer Vladimir Antonov is considering legal action against the European Investment Bank and the Swedish Government, for keeping him out of an ownership stake at the failing Swedish automaker. Says Antonov

I have therefore decided to investigate the possibility of taking legal action, including but not limited to claims for damages, which may be of interest to various parties, including myself, the EIB, some officials at the EIB, the Swedish government and some government officials personally. By denying SWAN (Swedish Automobile) and Saab Automobile access to the funding that I offer, what these companies want and still desperately want, both the Bank and the Swedish government acted against all involved parties concerned, particularly against Saab and SWAN’s employees , suppliers, traders, lenders and shareholders

Antonov is reportedly investigating whether he can sue individual ministers of the Swedish government, while the ministers in question angrily deny that they are working against the interests of the Swedish auto industry. Meanwhile, far from calling for the overthrow of the government, the Swedish press is investigating Saab’s outlays for “management services” in recent years, and has found that CEO Victor Muller may be siphoning cash off to the tax haven of Curacao.
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SvD.se reports that Paul Akerlund, Saab’s former IF Metall (one of Sweden’s largest trade unions) representative and now Trollhättan Municipal Council Chairman, has called for the resignation of Saab CEO Victor Muller, saying

I do not think Victor Muller is a good president. He is an owner and a contractor, but he has not sufficient knowledge about how to manage production and development

And Akerlund is no city government busybody, but a longtime company insider who has been influential in Saab’s post-GM life. Having shepherded Saab through the challenges of the past two years, this is another grim sign that Saab is about to succumb to the realities that have dominated TTAC’s Saab coverage for years now. A commentary in SvD, titled “Thank Muller for Painful Bankruptcy” sums up the somber mood in Sweden:

[Saab] has been on artificial respiration for nearly two years. It is down now, and from all indications we can only conclude that the whole process was a painfully protracted bankruptcy. And we have only one person to thank for it.

Now that it has been first leaked then confirmed that the European Investment Bank EIB will not let Russian financier Vladimir Antonov get close to Saab, Antonov says he had known that all along.

Antonov’s spokesman Lars Carlstrom told Reuters that his boss “has known for a few weeks that the EIB would not let him invest in the iconic Swedish car firm,” Reuters reports. That revelation should come as another blow to Saab’s crumbling bastion of enthusiasm, Saabsunited, which had reported just yesterday that “Antonov is trying to save the situation.”

With the troops left dazed and demoralized, the generals practice the ancient art of finger pointing. Read More >

Checking in on Saab, which becomes as cheerful as visiting a relative in a hospice, we hear that Saab can’t make payroll again. Says The Local: “Saab informed white-collar staff on Tuesday that they would not receive their salaries on time this month. According to a report in the Dagens Industri (DI) business daily, the money will be delayed due to the non-payment of a installment from Bahamas-registered fund Gemini.”  The natives are getting restless: A local politician demands Victor Muller’s head. Read More >

I spotted this Opel Vivaro CDTI on the University of Illinois campus.

How did this apparently-European vehicle end up in Illinois?  Opel’s website suggests that they don’t do business in Canada, but this Vivaro has Quebec license plates, and a stuffed animal in the window that suggests it is a personal vehicle.

Does anyone have any idea how such a vehicle could end up legally touring the American Midwest with Canadian plates?  What say you, readers of TTAC?

If you don’t speak German, you can go ahead and skip to 1:30, where the magic happens. Essentially, the German safety nuts at the ADAC and DEKRA have been trying to scare motorists silly for some time now, shaming automakers and educating motorists about the dangers they face every day. The latest terror: a semi truck plowing into you from behind at about 43 MPH. The results? Well, they speak for themselves. The reason? Illustrating the need for Emergency Brake Assist in large trucks, which the ADAC argues should be mandatory for all trucks [per Autobild]. Though this does seem to be something of a case of legislating against stupidity, the ADAC certainly make a vivid argument for their cause…

Over the weekend we told you Saab-watchers to “expect a run on the bankruptcy court in the coming days and weeks,” and according to Bloomberg the process has already begun. Christina Lindberg of the Swedish Debt Enforcement Agency tells the news service that eight suppliers have requested that their portion of the 104 debts registered with the agency be collected and that

We will start the collection process in a few days.

The good news? A previous request to place a Saab subsidiary in bankruptcy has been revoked as the supplier in question there was paid off. Now, however, with eight more debts going to collections (worth an undisclosed amount, we know that one debt alone is worth around $70m and estimates put the total at around $1b), the situation has become dire once again. The answer? Vladimir Antonov, of course! Thelocal.se reports that suppliers are pushing for the EIB to approve Antonov’s ownership stake, seeing the Russian as the only way out of the situation. And because the EIB will clearly never approve Antonov, another report that’s just breaking now says that Saab is seeking to “replace” the EIB loan in order to bring Antonov on board. The looming question: who on earth is going to lend this bleeding-out corpse of a company $350m? Does Antonov even have a billion to spare for his pet project? Needless to say, nobody has the faintest clue… they just know it has to happen. Yikes!

With Opel planning to pull itself into the black within the year, the brand’s thoughts are turning from survival to “luxuries” like a flagship model planned for around 20k units starting in the 2016-2017 timeframe. Codenamed “TOL” for “Top Of Line,” the sedan will be designed to highlight one of GM’s many alt-drivetrain technologies, but according to Automotive News [sub], nobody yet seems sure which. Opel labor rep and recent champion of the brand’s forthcoming products Klaus Franz explains:

Already with the our Ampera electric vehicle, we have shown what we are able to do and enjoy an advantage of two to three years compared to the competition

But with the TOL is planned for 2016, Opel may have to dig deep to jump out ahead of the market, which is why a fuel cell-powered electric drivetrain is being considered (also, after decades of FCV research, GM has to build a production model someday). And if the eventual product has a truly ahead-of-its-time drivetrain, and looks as good as last year’s Flextreme Concept (above), this flagship could be an exclamation point on Opel’s turnaround. Unfortunately, neither of these things are a given…

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Last week, a small Swedish parts supplier by the name of SwePart did not want to wait any longer and asked a Swedish court to declare a key Saab subsidiary, Saab Automobile Tools, bankrupt. Bankruptcy of the subsidiary would have meant the end for Saab as well.  Hectic activity ensued. On Friday afternoon, there was an announcement that the matter had been settled and the bankruptcy petition was withdrawn. Expect a run on the bankruptcy court in the coming days and weeks. Read More >

Would you be a little bit surprised if the man behind this tiny, funky little electric van was the man who styled the VW Passat CC and first-generation Mercedes SLK? Well, Murat Günak has been heavily into the electric car game since leaving Volkswagen, having designed one of my favorite EVs, the fresh-and-freaky Mindset. But even though the Mia and the Mindset seem a little more in the same vein, Günak has actually moved well past the Mindset’s super-high-end positioning, as this Mia is set to sell for the lowest price of any EV in the EU, starting at €19,500 ($28k). For comparison, Mitsubishi’s iMiEV (the cheapest EV in the US market) sells for €34,390, or nearly $50k… although its European price is set to drop to closer to €15k when production ramps up.

But the Mia isn’t just (relatively) inexpensive… it’s downright cool. Built by the French firm Heuliez in either 9.4 or 10.5 foot lengths (the latter with 53 cubic feet of cargo space), it comes with a McLaren F1-style central driver’s seat and doors designed to operate in tight urban conditions. With a range of only 60 miles and a top speed of only slightly more than 60 MPH, it’s strictly an urban runabout, but as a small business delivery vehicle it seems to hit a lot of the right buttons… especially the three-hour charging time (an 80-mile-range battery is optional but takes five hours to charge). Production hits 10,000 units next year, when sales to private customers begin. [via Autobild]

Hey, it’s a station wagon… and it’s built by Audi. Also, you may not be able to tell from this angle, but it’s new. Really. What, you couldn’t tell?

Based on spyshots and patent drawings obtained from Al Volante, Auto Motor und Sport was able to commission what is probably an accurate depiction of the next-gen Fiat Panda from Schulte Design, giving us an early look at a small car that will provide the basis for Chrysler’s long-awaited foray into subcompact cars. Chrysler’s product plan [PDF] calls for 2013 model year subcompact (B-Segment) vehicles for the Dodge, Jeep and Chrysler brands, based on Fiat platforms. The Chrysler-branded model was supposed to be a rebadge of the Lancia Ypsilon (itself very similar to the Fiat 500), but that model is reportedly on hold. The Dodge and Jeep B-Segment offerings are still on though, and the Jeep has long been thought to be a lightly-facelifted version of the Panda 4X4, meaning this model could be an early look at the smallest-ever Jeep.

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European car sales statistics are a little bit like financial news from The Old Country: Up one day, down the next. This is one of those next days. In June, new passenger car registrations dropped by 8.1 percent in the EU to 1,233,298 units. Over the first six months of 2011, a total of 7,120,499 new cars was registered, or 2.1 percent less than in the first half of last year. This according to data provided by the European Manufacturers organization ACEA. Read More >

The European Commission’s competition authority has a problem:

The Commission had to launch a formal investigation into aid for a large investment project by BMW for the manufacturing of electric cars. The formal investigation will allow the Commission to gain an insight into the emerging market of electric cars, a market for which it has not examined regional investment aid before.

A subsidy is a subsidy is a subsidy, right? Apparently not…

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