When most of us think about Russian mobsters taking out a contract, we think hitmen, not multi-million dollar industrial purchase agreements, but in Saab's case, they almost equated to the same thing, with the target Saab itself. Reports out of Sweden this week indicate the U.S. and Swedish...
Saab may yet fend off relegation to the same scrap heap as Pontiac and Saturn as latest reports indicate that an announcement on the sale of the struggling Swedish automaker... January 25, 2010 by Viknesh Vijayenthiran
It looks as if Saab is done. The board of the company voted today in Sweden to shut the company down and liquidate its assets. GM is still evaluating bids, according to the... January 8, 2010 by Nelson Ireson
Saab may yet fend off relegation to the same scrap heap as Pontiac and Saturn, as the company today delayed a meeting to decide on Spyker's latest bid in order to consider... January 7, 2010 by Nelson Ireson
Editor's note: High Gear Media wants you to write for us--just like Kinder Essington has done here. Here's what happens when you do--you get published alongside the pros, if... December 18, 2009 by Kinder Essington
When Koenigsegg's deal to purchase Saab fell apart in late November, many feared the worst for the brand's future. Today those fears have come true, as GM announced this... December 18, 2009 by Nelson Ireson
While Spyker is still being tipped as the front-runner for the purchase of the Saab brand, General Motors has announced today that at least some of the assets of the... December 14, 2009 by Nelson Ireson
The disastrous scenario of Penske and Saturn is playing out once again, this time with Koenigsegg pulling out of the agreement to buy Saab from GM. So far neither GM nor Saab... November 24, 2009 by Nelson Ireson
Koenigsegg's purchase of Saab from GM is going through the final processing stages, and part of the process is deciding which dealerships it will retain and operate. Just as... November 13, 2009 by Nelson Ireson
It's only been a few months since GM first announced it might get rid of Saab along with Pontiac and Saturn as part of lightening its load post-bankruptcy, and the ink on the... October 30, 2009 by Nelson Ireson
Koenigsegg's purchase of Saab had been rumored to be in trouble due to financing issues, but the European Investment Bank’s (EIB) decision on Wednesday to loan the... October 22, 2009 by Viknesh Vijayenthiran
Koenigsegg's purchase of Saab had been rumored to be in trouble due to financing issues, but the Swedish government's decision to guarantee the $610 million loan sought from... October 6, 2009 by Nelson Ireson
The Saab 9-5 is long overdue for an overhaul, with the basic mechanical underpinnings in the current model first hitting streets as far back as 1997. A totally redesigned... September 21, 2009 by Viknesh Vijayenthiran
Saab has already previewed in its hybrid technology in the form of the 2008 9-X BioHybrid concept but now we have details of production plans for a new... September 13, 2009 by Viknesh Vijayenthiran
The Saab 9-5 is long overdue for an overhaul, with the basic mechanical underpinnings in the current model first hitting streets as far back as 1997. A totally redesigned... August 27, 2009 by Viknesh Vijayenthiran
Today Koenigsegg has officially announced that it has bought Saab from General Motors. This is good news for Saab, which wont have to stop production after all. Koenigsegg, a... August 24, 2009 by Alexandru Clain