Anne Cassidy
May 27, 2011

Saab puts US$115m global ad task up for pitch

GLOBAL - Saab, the Swedish car marque, is looking for a lead agency to handle its estimated US$115 million global advertising account.

According to reports, Saab is experiencing issues paying its suppliers.
According to reports, Saab is experiencing issues paying its suppliers.

The car brand has issued an RFI to agencies with a view to appointing an agency to create global ads that can be adapted to local markets. 

However, the review process could be delayed following problems with production at the carmaker and reports of issues with paying suppliers.

Currently the global advertising is handled by Lowe Brindfors, Lowe’s Swedish office, with US advertising held by McCann Erickson.  

Lowe Brindfors cancelled all of its ongoing work for Saab in March because of unpaid bills, according to reports in the Swedish press.

Last week, a Chinese car dealership offered a cash injection to help Saab continue production. Pang Da Automobile Trade paid US$43 million for the delivery of 1,300 vehicles to Shanghai, but problems with suppliers are reported to remain. 

Saab’s last major global marketing push was launched in July last year, for its Saab 9-5 model. The campaign, by Lowe Brindfors, aimed to highlight the brand’s heritage and associate the marquee with good design. The campaign was the first marketing push by the car marquee since Dutch company Spyker saved the brand, paying US$74 million in cash to General Motors for the carmaker in January 2010.    

This article was first published on campaignlive.co.uk.

Source:
Brand Republic
Tags

Related Articles

Just Published

1 hour ago

Pay-to-play pitches putting fair competition at ...

VoxComm warns that agencies paying intermediaries for pitch opportunities could undermine fair competition and limit advertisers' choices.

2 hours ago

Ogilvy names Clare Lawson as global president of ...

Lawson is promoted from global chief client officer.

2 hours ago

Martin Sorrell on 'lack of strategy' at Omnicom and ...

In an interview with Campaign Germany, the 80-year-old S4 Capital chief executive took aim at rivals, fielded questions about his own holding company and made predictions about the future of adland.

2 hours ago

India's ad watchdog partners with gaming bodies to ...

The ASCI will help to set up a monitoring cell to collaboratively spot and report offshore betting and gambling advertisements in India.