Saab Great Britain Files For Administration
Saab and all of its parents and subsidiaries are in the middle of some questionable times. With every part being sold off or changed,...
Saab Gets Another Boost
For the past few weeks, Saab Automobile and its parent company, Swedish Automobile N.V. have been scrambling to secure additional funding to, among other...
SKorean carmaker Ssangyong closes strike-hit plant
South Korea's smallest automaker Ssangyong Motor said Sunday that it had temporarily shut its main factory, which has been occupied by workers striking over...
Saab’s Drama Continues
Last week, Saab Automobile and its parent, Swedish Automobile N.V. filed for voluntary reorganization to allow themselves time to fix their financial problems. They...
EU approves Swedish guarantee for loan to Saab
The EU's competition watchdog on Monday approved Swedish plans to act as guarantor for an European Investment Bank (EIB) to automaker Saab.
The European Commission...
Saab and GM’s Relationship Fades
Just as it looked like Saab was on the verge of flat-lining, a complete buyout was presented by Chinese Pang Da and Youngman. Saab's...
Saab to restructure as independent unit to avoid bankruptcy
Beleaguered Swedish carmaker Saab Automobile will undergo restructuring as an independent unit to stave off bankruptcy after it was abandoned by its owner General...
GM seals deal to sell Saab to Spyker
US automaker General Motors has agreed to sell its Saab brand to Dutch luxury sports car manufacturer Spyker, US television channel CNBC said Tuesday.
A...
Swedish Regulator Goes After Saab
Saab Automobile and Swedish Automobile N.V. have been scrambling to find the proper funds to pay its massively growing debt. After the news that...
Saab’s Appeal Gets The Go Ahead
A couple of weeks ago, Swedish Automobile N.V. and Saab filed for voluntary reorganization. The Swedish government denied the request and Saab immediately issued...
