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bankruptcy

 
2012 Saab 9-3 Griffin range

Youngman Reportedly Rebuffed In Bid To Acquire Saab

There may be one final sad truth to the history of Saab: in bankruptcy, the pieces that once made up the whole of the brand are worth more than the brand itself. Saab’s receivers see more profit in parting out the automaker than in selling it intact, and profit is what the creditors want...

February 3, 2012 by 
 
2011 Saab 9-4X Aero

Turkish Private-Equity Firm Looking To Bid On Saab: Report

Yesterday we brought you news that Chinese auto giant Youngman, one of the original bidders for Saab before it went bankrupt, was still interested in buying what’s left... January 20, 2012 by  1


 
2011 Saab 9-5 Aero

China's Youngman To Take One Last Shot At Saab: Report

In December 2011, Saab was forced into bankruptcy when pending deals between its parent, Swedish Automobile (Swan), and Chinese suitors Pang Da and Youngman fell apart. The... January 19, 2012 by 


 
1946 Ursaab Prototype

More Than 100 Cars From Saab Museum Listed In Bankruptcy Sale

In what’s sure to be both fulfilling and sad news for Saab fans all around the world, a Swedish law firm involved in the liquidation of Saab following last... January 17, 2012 by  2


 
2009 Saab 9-3

GM May Cover The Warranty On Your Saab

A potential consequence of Saab’s bankruptcy filing is that owners of relatively new (or brand new) Saabs may be left without warranty coverage. Saab North America has... December 21, 2011 by 


 
2011 Saab 9-5

Saab Kills Warranties On All New And Used Cars: Report

Saab filed for bankruptcy just yesterday, and already the fallout is hitting owners: all warranties on new cars sold or leased are suspended, as are all claims currently in... December 20, 2011 by  1


 
2011 Saab 9-5

Detroit Auto Show, Saab Bankruptcy, Audi R8 Crashed: Today's Car News

Today at Motor Authority, Saab is officially bankrupt and Audi begins testing its 2012 LMP1 race car. Chevrolet reveals the 2013 Sonic RS and we find the ultimate holiday... December 19, 2011 by 


 
2008 Saab 9-3 Sedan

Saab Files For Bankruptcy: Official

It’s official. Saab, along with its Saab Powertrain and Saab Tools subsidiaries, has filed for bankruptcy with a Swedish court this morning. Following previous owner... December 19, 2011 by  6


 
2008 Saab 9-3 Aero

Last Minute Youngman Payment May Help Stave Off Saab Bankruptcy

Saab miraculously managed to stave off bankruptcy yet again after receiving a last minute cash payment from Chinese investor Zhejian Youngman Lotus Automobile. The payment... December 13, 2011 by 


 
2011 Saab 9-5

Chinese Bank Looking To Buy Saab Stake

Just when it seemed all hope of saving Saab from bankruptcy has failed, news of yet another potential Chinese savior has surfaced. This time it’s an unnamed Chinese... December 5, 2011 by 


 
2011 Saab 9-5

Saab's Agreement With Chinese Buyers Expires Today

There hasn’t been much of a change in Saab’s situation since we brought you news that GM will oppose a sale of the Swedish automaker to Chinese buyers Pang Da and... November 15, 2011 by  1


 
2011 Saab 9-5

GM Won't Allow Saab's Sale To The Chinese

Just last Friday we told you that GM might object to Saab’s sale to Chinese companies Pang Da and Youngman, and now we have confirmation that the American auto giant... November 7, 2011 by  3


 
2011 Saab 9-4X

Will GM Shoot Down Saab's Deal With The Chinese?

Swedish automaker Saab has been knocking on heaven’s door since summer, with its imminent demise nearly occurring on several occasions. With last week’s... November 4, 2011 by  2


 
2009 Saab 9-5 SportKombi

Saab Production Chief Quits After 30 Years On The Job

Saab’s shaky recovery has come up against another major hurdle, with the automaker’s head of manufacturing and purchasing, Gunnar Brunius, calling it quits after... November 4, 2011 by 


 
2011 Saab 9-5

The Long Road Ahead For Saab

Late last week the parent company of Saab, Swedish Automobile, agreed to sell 100 percent of the struggling automaker to Chinese firms Panga Da and Youngman for approximately... October 31, 2011 by 


 
2008 Saab 9-3 Sedan

Saab To Be Sold To China’s Pang Da And Youngman: Official

Swedish Automobile has confirmed today that it has made an 11th-hour deal with Chinese firms Pang Da and Youngman for the sale and purchase of 100 percent of the shares in... October 28, 2011 by  4


 
 
 

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