Saab News

 
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 part of its bridge loans, once again helping the struggling automaker stave off bankruptcy. The cash will be awarded to Saab... read more

October 20, 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


 
2011 Saab 9-5

Saab Gains New Investor, Promises To Pay Workers

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... read more August 4, 2011 by


 
2011 Saab 9-4X

Saab Delays Payments To Employees, Company On Brink Again?

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... read more July 26, 2011 by


 
2011 Saab 9-4X

Saab Delays Production Start Yet Again

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... read more July 22, 2011 by


 
Saab 9-6 concept

Saab Working On Three New Models With Chinese Partner

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... read more July 21, 2011 by


 
Saab 9-6 concept

The Subaru Tribeca Based Saab 9-6 Crossover That Never Was

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... read more July 19, 2011 by


 
2011 Saab 9-4X

First 2011 Saab 9-4Xs Now At Dealers, Can It Turn The Tide?

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... read more July 8, 2011 by


 
2011 Saab 9-5

Saab To Restart Production In August, Finalizes Real Estate Deal

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... read more July 8, 2011 by


 
2011 Saab 9-4X Aero

2011 Saab 9-4X Earns IIHS Top Safety Pick

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... read more July 5, 2011 by


 
 

 
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