CarAdvice.com.au
Swedish car maker Saab has filed for bankruptcy, setting up an end to its protracted struggle for survival. The Swedish brand's parent company, Swedish Automobile N.V (Swant), announced the move yesterday on the same day a Swedish court was...
The farcical Saab saga has taken another twist days before a crucial court ruling on its future after the brand was snubbed by its choice of new administrator. Saab has been forced to select Lars Soderqvist of law firm Hokerbert &...
Embattled Swedish car maker Saab has received its first payment from a Chinese investor just days out from a court hearing that will decide the company’s future. Victor Muller, CEO of Saab’s owner Swedish Automobile, told Reuters that...
Saab’s revival hopes have suffered two more blows, with General Motors knocking back another rescue package and Saab’s restructuring administrator admitting that he is losing patience in the ordeal.
Supporters of Saab have taken the Occupy movement to the internet, plastering General Motors’ Facebook page with stories and images of Saabs, along with the demand: “Let Saab go”.
Despite Saab potentially being on the mend, its head of manufacturing and purchasing, Gunnar Brunius, has decided to leave the company. Mr Brunius worked for Saab for over 30 years.
This could very well be the next-generation Saab 9-3. The sketch was part of a package that Saab presented to the European Investment Bank last year in hope of some backing. With Saab's future possibly on the mend, thanks to Pang Da and...
Swedish Automobile has reached an agreement with Chinese companies Pang Da and Youngman to sell off 100 per cent of Saab. Pang Da and Youngman acquired the carmaker as part of a 100 million euro deal. Pang Da Automobile Trade Co.
Saab has made what could be a final plea to avoid bankruptcy as it waits for investment deals to come through from Chinese companies Pang Da and Youngman. The company was given until 11am yesterday to hand in its response to Guy Lofalk, who...
Swedish Automobile, owner of Saab, has been waiting for investment promises to come through from Chinese companies Pang Da and Youngman. The proposed 245-million-euro deal has just been cut off... by Saab.