Advertisement

bankruptcy

 
Porsche at the 2011 Nurburgring 24 Hours

Nürburgring Gets Temporary Reprieve With German State Loan

When the Nürburgring was forced into bankruptcy last month, the future of the storied racetrack looked bleak, at best. No one knew what would happen to the circuit, whose operators (Nürburgring GmbH) found themselves some $490 million in debt to a Rhineland-Palatinate bank. Now comes word... read more

August 2, 2012 by 
 
2011 De Tomaso SLS (Sport Luxury Sedan) Concept

De Tomaso Files For Bankruptcy, Again

Despite the grand visions of its latest owner, former Fiat executive Gian Mario Rossignolo, legendary Italian sports car brand De Tomaso has announced it has filed for... read more July 6, 2012 by 


 
Artega GT sports car

German Sports Car Manufacturer Artega Files For Bankruptcy

It’s a sad day for sports car fans, with news coming out today that German firm Artega, manufacturer of the Henrik Fisker-designed GT sports car, has filed for... read more July 5, 2012 by 


 
Saab logo

Saab’s New Owner Seeks Permission To Use Saab Name And Logo

Earlier this month it was revealed the remnants of bankrupt Swedish automaker Saab would be sold to National Electric Vehicle Sweden AB (NEVS), a consortium made up of... read more June 28, 2012 by 


 
2012 Saab 9-3 Griffin range

Saab's Last 900 Cars Head To Auction

If you thought you’d missed your chance to pick up a new Saab before the now-semi-defunct brand was gone for good, despair not: additional units, leftover from port... read more June 22, 2012 by 


 
2013 Saab 9-3 test-mule spy shots

Saab's New Owners Revealed; What Happens Next?

Saab is dead; long live Saab. If that sounds contradictory, it isn’t, since the quirky-but-competent brand most of us have come to know and love is gone. The Phoenix... read more June 13, 2012 by 


 
2011 Saab 9-5 and 2011 Saab 9-4X

New Saab Parts Division To Supply Spares For North America

While automaker Saab and its North American arm Saab Cars North America may be bankrupt, the legacy of the Swedish brand lives on in the thousands of Saab cars scattered all... read more June 6, 2012 by 


 
2011 Saab 9-5

Swedish Union Seeks President Obama’s Help To Save Saab?

Despite Saab having several suitors interested in purchasing the brand, paying off its debts and restarting production, no deal could ever be finalized and the automaker... read more May 16, 2012 by 


 
A Lola chassis

British Racing Firm Lola Appoints Administrator

British engineering firm and race car constructor Lola, established in 1958 and based in Huntingdon, England, has announced today that it is suffering from severe cashflow... read more May 16, 2012 by 


 
2012 Saab 9-3 Griffin Aero

Mission To Save The Last Saab 9-3 Is A Success

Last week we brought you details about a plan to save what could potentially be the last Saab 9-3 ever built. The plan, organized by a group of Saab loyalists at SaabsUnited... read more May 9, 2012 by 


 
2012 Saab 9-3 Griffin Aero

Mission To Save The Last Saab 9-3 Likely Ever Built

With Saab officially bankrupt and receivers now looking for bids on any remaining assets, activity at the automaker’s main facilities in Sweden is winding down and the... read more May 2, 2012 by 


 
2013 Lotus Esprit Concept

Lotus Esprit Supercar Due In 2014, Pending DRB-Hicom Approval

Following its bizarre rant on Facebook last week and accusations that its CEO Dany Bahar was missing in action, Lotus is doing its best to clear all the confusion and remains... read more April 18, 2012 by 


 
2012 Lotus Evora GTE live photos

Lotus Goes On The Defense With Bizarre Facebook Rant

Following recent reports that Lotus was ending sponsorship of the Lotus F1 team and, of more concern, could possibly be put into administration by its new parent, Malaysian... read more April 12, 2012 by 


 
Spyker's propeller logo.

Swedish Automobile Changes Its Name To Spyker

In what is arguably the shortest corporate press release ever written, Swedish Automobile has announced it will change its name back to Spyker, pending approval from its... read more April 11, 2012 by 


 
2013 Lotus Esprit Concept

Lotus In Trouble, May Be Sold To China’s Youngman: Report

Following yesterday’s news that Group Lotus was ending its sponsorship of the Lotus F1 team while leaving the team’s name unchanged, a new report suggests that... read more April 11, 2012 by 


 
2011 Saab PhoeniX Concept

Youngman Prepared To Invest $1.8 Billion In New Saab Models

The fate of Swedish automaker Saab is now in the hands of the receivers appointed to oversee the company’s post-bankruptcy asset sell-off. While there are bids in house... read more February 20, 2012 by 


 
Advertisement
 
Advertisement

New Cars

Go!

 
© 2014 MotorAuthority. All Rights Reserved. MotorAuthority is published by High Gear Media. Stock photography by izmo, Inc. Send us feedback.