Saab News

 
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 will move to block the sale. At issue are two things: the continuation of existing technology licenses (for GM components used... read more

November 7, 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... read more 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... read more October 28, 2011 by 


 
2008 Saab 9-3 Convertible

Saab’s Alliance Deals With Pang Da And Youngman Terminated

Saab has taken one step closer towards what’s shaping up to be a possible bankruptcy with news coming out over the weekend that the struggling Swedish automaker has... read more October 23, 2011 by 


 
2012 Saab 9-3 Griffin range

Administrator Asks Swedish Court To Terminate Saab Reorganization

Guy Lofalk, the court-appointed administrator of Saab’s reorganization process, has revealed that he’s sent a letter to the Swedish court on Thursday requesting... read more October 21, 2011 by 


 
2012 Saab 9-3 Griffin range

Saab Receives Funding From America’s North Street Capital

Saab has announced today that it has received a commitment from American private equity firm North Street Capital for a cash payment before the October 22 deadline to pay off... read more October 20, 2011 by 


 
2008 Saab 9-3 Sedan

Saab Receives Cash But Chinese Deals May Still Be Blocked

Update: Earlier this week news broke that Saab's Chinese partners would be blocked from their bid to give the Swedish automaker a much-need cash infusion. Today, Saab has... read more October 13, 2011 by 


 
Spyker C8 Aileron GT race car preview

Saab Sister Brand Spyker Sold To U.S. Private Equity Firm, CPP Still Interested

It wasn't so long ago that talk of Spyker buying, and thereby saving, Saab was the hot news. Since then, the Dutch supercar company has reorganized things, keeping Saab and... read more September 29, 2011 by 


 
2011 Saab 9-5

Saab Cheats Death, Gets Bankruptcy Protection

When the District Court in Saab’s home region of Vanersborg denied the struggling auto maker bankruptcy protection from its creditors, most of us assumed it was the... read more September 21, 2011 by 


 
2011 Saab PhoeniX Concept

Saab Licenses Rights To Phoenix (Next-Gen 9-3) Platform For $95 Million

Saab is in trouble. That's been clear for a long while now. Just how much trouble has come into focus in the last few weeks. Now, Saab has decided to license its core... read more September 12, 2011 by 


 
2011 Saab 9-4X

Saab Denied Bankruptcy Protection By Swedish Court, Attempting Appeal

After months of failed funding negations and ceased production, Saab, along with its Saab Powertrain and Saab Tools subsidiaries, announced this week that it had filed for... read more September 8, 2011 by 


 
2012 Saab 9-3 Griffin range

Saab Posts $322 Million First Half Loss

Saab has taken yet another step, this time a major one, towards what’s shaping up to be an inevitable bankruptcy, with news coming out today that the struggling Swedish... read more September 1, 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 9-4X

Saab Offers More Shares, Pulls Out Of Frankfurt Auto Show

Saab's struggles have been well documented, and now the automaker has made two announcements that show just how hard it is working to stay afloat. The automaker has now... read more August 15, 2011 by 


 
2013 Saab 9-3 test-mule spy shots

Next-Gen Saab Sedan May Drop 9-3 Name For Historical Alternative

There's a lot of doubt right now about whether there will even be a next-generation Saab 9-3 sedan, but a report today says that should the company survive long enough to... read more August 10, 2011 by 


 
 

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