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 automaker. Several different sources were cited, adding to the validity of the information, but no timetable for the filing...
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... August 4, 2011 by Viknesh Vijayenthiran
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... July 26, 2011 by Tim Healey
Saab may have some money in the pot, as well as its new Chinese backers, but the struggling Swedish automaker still hasn’t managed to come to terms with its suppliers... July 22, 2011 by Viknesh Vijayenthiran
Saab isn't dead yet. After finalizing tentative deals to with Chinese automakers Zhejiang Youngman and Pang Da, the company has now also finalized a deal to work with... July 21, 2011 by Tim Healey
With Saab recently announcing plans for a trio of new models including a new 9-6X crossover, images of a stillborn 9-6 concept vehicle from the earlier part of the last... July 19, 2011 by Viknesh Vijayenthiran
Saab's financial open wounds are, for now at least, bandaged, and it's set to restart full-scale production on August 9th. Helping to spearhead the brand's sales comeback... July 8, 2011 by Nelson Ireson
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... July 8, 2011 by Viknesh Vijayenthiran
For many, Saab is still teetering on the brink despite a recent shot in the arm from Pang Da and Youngman, but its cars are certainly doing well in safety tests, if not in... July 5, 2011 by Nelson Ireson
Saab's staved off bankruptcy a few times--just in the past year, in fact. Yesterday it was announced that a deal with Pang Da Automobile has been finalized, and that it's... July 5, 2011 by Joel Feder
Despite all its financial troubles, Saab has come out and announced plans for the development of three brand new models on top of its next-generation 9-3 due out next year... July 4, 2011 by Viknesh Vijayenthiran
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... June 28, 2011 by Viknesh Vijayenthiran
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... June 27, 2011 by Viknesh Vijayenthiran
Ryan Dunn's death in an alcohol-addled 130-mph Porsche 911 GT3 wreck shines a light on drunk driving dangers. [MotorAuthority] The 2012 MINI Cooper Coupe gets its official... June 24, 2011 by Nelson Ireson
Subaru shows off its Isle of Man TT record run with Mark Higgins at the wheel, complete with a talk-through of the "moment." [MotorAuthority] The Lexus LS 600h goes Landaulet... June 24, 2011 by Nelson Ireson
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... June 24, 2011 by Viknesh Vijayenthiran