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Sweden Repays Saab's EIB Loan, Becomes Its Largest Creditor

Sweden has stepped in to repay a loan between the European Investment Bank (EIB) and Saab, making it the single largest creditor of the now-defunct automaker. The loan, in the amount of 400 million euros (then, $600 million), was issued in October of 2009, shortly after the deal to sell Saab to... read more

January 30, 2012 by 
 
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... read more January 19, 2012 by 


 
Spyker C8 Aileron Spyder

Saab's Swan Dive Puts Spyker At Risk

In a release today, Swedish Automobile N.V. ("Swan") announced the possible sale of Spyker Cars, the Dutch supercar brand that Victor Muller parlayed into a purchase of Saab... read more January 18, 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... read more January 17, 2012 by 


 
2011 Saab 9-5

Saab Dealer Slashes Prices, Launches Ad Blitz To Dump Remaining Cars

Saab dealers must be feeling like the dependent partner in an on-off relationship right now. For years they've had the on-again off-again joy and tragedy each time the ailing... read more January 6, 2012 by 


 
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... read more 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... read more December 20, 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... read more December 19, 2011 by 


 
2013 Lotus Esprit Concept

2013 Dodge Dart, Esprit V-8, Lexus Concept: Car News Headlines

The 2012 Detroit Auto Show is just about a month away now, and we're getting a good idea of the shape of things to come, including the 2013 Dodge Dart and a new Lexus design... read more December 13, 2011 by 


 
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... read more December 13, 2011 by 


 
Saab Sonett

Guilty Pleasure: Saab Sonett III

I know, I was supposed to go back to Ford products after my detours for the Pontiac Sunbird 2000 Turbo and the Alfa Romeo 164, but this week I've been obsessing over Saab's... read more December 7, 2011 by 


 
2006 Saab 9-7X 4.2i

GM Rejects Second Saab Deal, Administrator Seeking End To Reorganization

Earlier this week it was revealed that a mystery Chinese bank had stepped forward and offered to purchase a 50 percent stake in Saab, potentially saving the automaker from... read more December 7, 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... read more 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... read more November 15, 2011 by 


 
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... read more November 7, 2011 by 


 
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... read more November 4, 2011 by 


 
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