Tag: bankruptcy

Currently, the future of Saab Automobile is still up in the air as the now bankrupt company waits for a buyer to show up. Due to numerous...

The official news of Saab's bankruptcy is only a few weeks old, but hope for the brand might be completely lost. Since Swedish Automobile...

Before Saab was purchased by Swedish Automobile N.V. (formerly Spyker Cars), it was owned by General Motors. That sale occurred only a few years ago,...

After months of "will-they-won't-they", it is finally official: Saab is going bankrupt. All three divisions of the brand, Automobile AB, Tools and Powertrain filed...

It would appear that in the middle of a spat of disorder, Swedish Automobile N.V. and Saab Automobile have finally caught a break. A...

In the middle of all the turmoil that has plagued Saab Automobile and Swedish Automobile N.V., the company plainly refuses to give up. Not too long...

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...

Back in June 2011, a lawsuit against Chevrolet and General Motors was filed for faulty suspension components on 2007 and 2008 Impala sedans. Blakely, Pa....

Treasury Dept. is getting blamed for shutting down the troubled Auto Dealerships way too quick according to the report published by TARP. TARP or Troubled...

NEW YORK: General Motors said it had fully repaid billions of dollars in government loans five years early, prompting its CEO to proclaim the...