bankruptcy

 
2011 Saab 9-4X Aero

Turkish Private-Equity Firm Looking To Bid On Saab: Report

Yesterday we brought you news that Chinese auto giant Youngman, one of the original bidders for Saab before it went bankrupt, was still interested in buying what’s left of the Swedish automaker. Now we have news that Turkish private-equity firm Brightwell is also interested in making a bid... read more

January 20, 2012 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


 
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


 
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


 
2009 Saab 9-5 SportKombi

Saab Production Chief Quits After 30 Years On The Job

Saab’s shaky recovery has come up against another major hurdle, with the automaker’s head of manufacturing and purchasing, Gunnar Brunius, calling it quits after... read more November 4, 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


 
 

 
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