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2011 Saab 9-5

Saab Bankruptcy Hearing Just Days Away

Saab’s cash crunch is nothing new, but the matter is finally coming to a head. The car maker’s first bankruptcy hearing is scheduled for September 26. In the meantime, it’s business as usual for Saab. Lately, that has been less about turning out autos or paying its workers than it... read more

September 16, 2011 by 
 
2011 Saab 9-4X Aero

Saab Seeking Bankruptcy Protection: Report

Swedish public radio is reporting that Saab will apply for court protection from its creditors, which would mark the first step in a reorganization bankruptcy for the Swedish... read more August 26, 2011 by 


 
2012 Saab 9-3 Griffin range

Swedish Debt Agency Advancing On Saab Assets

Despite its best efforts to raise funds, the death knell is ringing for Saab, with news coming out today that Sweden's Debt Enforcement Agency has commenced collection... read more August 18, 2011 by 


 
2011 Saab 9-5

Saab Gains New Investor, Promises To Pay Workers

If you haven’t been following our coverage of Saab’s woes, the automaker was forced to shut down production at its plant in Trollhattan, Sweden back in April... read more August 4, 2011 by 


 
2011 Saab 9-4X

Saab Delays Payments To Employees, Company On Brink Again?

Despite saying it has three new models in the works, Saab has delayed payments to its white-collar employees, and that could spark rumors that the company is once again... read more July 26, 2011 by 


 
2011 Saab 9-5

Saab To Restart Production In August, Finalizes Real Estate Deal

Saab looks to be almost back in business, with the automaker announcing this week the finalization of yet another cash injection deal as well as a tentative August date for... read more July 8, 2011 by 


 
2011 Saab 9-5 Aero

Saab Gets Additional $40 Million By Selling Off Property

Yesterday we reported that Saab would receive $18.4 million by the end of this week from a mystery Chinese firm that ordered a total of 582 of its cars, allowing the... read more June 28, 2011 by 


 
2012 Saab 9-5 SportCombi

Mystery Chinese Buyer Orders 582 Saabs, Helps Stave Off Bankruptcy

Late last week it was revealed that Saab couldn’t afford to pay its workers’ salaries and without any hope of a sudden inflow of cash would be forced into... read more June 27, 2011 by 


 
2012 Saab 9-3 Griffin range

Saab Can’t Pay Workers, Bankruptcy Looming

Saab’s recent announcements of partnerships with Chinese firms Zhejian Youngman Lotus Automobile and Pang Da Automobile has done little for its money woes, with the... read more June 24, 2011 by 


 
2012 Saab 9-3 Griffin range

Saab Rescue Deal With China’s Hawtai Terminated

The last we heard, production at Saab’s plants back home in Sweden had come to a halt due to a lack of funds and fears that the automaker’s new parent, Spyker... read more May 12, 2011 by 


 
2011 Saab PhoeniX Concept

Could Saab Be Bankrupt Within 5 Days? Antonov Thinks So

Vladimiar Antonov, the Russian banker and businessman whose involvement in Spyker caused a delay in the sale of Saab from GM while investigations into rumored mafia ties were... read more March 11, 2011 by 


 
New Jersey Motorsports Park aerial view

New Jersey Motorsports Park, Host of Inaugural U.S. RallyCross, Bankrupt

New Jersey Motorsports Park (NJMP) isn't a headlining NASCAR venue or even one of America's great road courses, but it was the site of the inaugural U.S. RallyCross event... read more March 8, 2011 by 


 
2006 Bristol Fighter T

Bristol Cars Bankrupt After 65 Year Run

The U.K.'s Bristol Cars may not be on the tip of every wagging social media tongue these days, especially here in the U.S., but it has produced some remarkable cars over the... read more March 3, 2011 by 


 
General Motors Renaissance Center, Detroit, Michigan

GM Releases First Post Bankruptcy Financial Results

General Motors has released today its first financial results since emerging from bankruptcy on July 10 as a ‘new’ company. The results are for the first 83 days... read more November 16, 2009 by 


 
GM Detroit headquarters

GM gets 5 new board members appointed by U.S., Canadian governments

General Motors' recent bankruptcy proceedings have seen the company transformed as it leaves behind failing assets, and according to the company these changes have also been... read more July 25, 2009 by 


 
Meet the new GM...not quite the same as the old GM

There's a new carmaker in town, and its name is...General Motors

Lighter, smaller, quicker and more responsive to customer needs - that's how the new General Motors Company is comparing itself to the now-defunct General Motors Corporation... read more July 10, 2009 by 


 
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