Cars
There are so many turns and twists in Saab's road to salvation or closure on an everyday basis, that it’s very easy to lose track of what's actually going on with the Swedish automaker.
- Saab North America Appoints Outside Administrator, Searches For Ways To Honor Warranties
All those months that the Saab saga was unfolding before our eyes, the Swedish carmaker’s North American operations were excluded from any deal or restructuring plan. Now the parent company is seemingly closing shop after Monday’s filing...
- Saab Files For Bankruptcy After All Rescue Plans Fail, This Could Be The End
It is sad news for the automotive world to learn of the demise of a company. Unfortunately, Monday December 19, will mark the end of the road for Swedish carmaker Saab – and this time it looks like it is final. Earlier this morning, Swedish Automotive...
- Saab Changes Administrator, Awaits Monday’s Court Decision
The ongoing story that is the future of Saab looks set to have more episodes than The Young and the Restless – and the CBS TV soap opera has been running since 1973… Guy Lofalk, the court-appointed administrator who oversaw the restructuring...
- Show Me The Money: Saab Receives $5 Million Us From Youngman, More May Come
It’s true that this month is probably the worst in a really bad year for Saab. Its 9-5 ended last in Consumer Reports’ luxury sedan test, GM repeatedly vetoed any sale deal involving the Chinese, and the court-appointed administrator has...
- Delays In Chinese Loan May Spell The End For Saab
If it were a movie, it would have more sequels than Rocky, Rambo and Mission Impossible all combined together. However, it is not: it is the story of Saab’s survival. And the latest chapter may very well turn to be the last. According to the Swedish...
Cars
Court Rejects Saab’s Administrator Resignation, GM Rejects Any Chinese-Related Plan…
There are so many turns and twists in Saab's road to salvation or closure on an everyday basis, that it’s very easy to lose track of what's actually going on with the Swedish automaker.
On Monday Guy Lofalk, the court-appointed administrator who proposed the termination of the carmaker’s restructuring process, quit. Two days later Saab announced the appointment of another administrator, Lars-Henrik Andersson.
On Thursday, after Andersson turned down the job, Saab said that Lofalk would eventually be replaced by Lars Soderqvist.
Read more »- Saab North America Appoints Outside Administrator, Searches For Ways To Honor Warranties
All those months that the Saab saga was unfolding before our eyes, the Swedish carmaker’s North American operations were excluded from any deal or restructuring plan. Now the parent company is seemingly closing shop after Monday’s filing...
- Saab Files For Bankruptcy After All Rescue Plans Fail, This Could Be The End
It is sad news for the automotive world to learn of the demise of a company. Unfortunately, Monday December 19, will mark the end of the road for Swedish carmaker Saab – and this time it looks like it is final. Earlier this morning, Swedish Automotive...
- Saab Changes Administrator, Awaits Monday’s Court Decision
The ongoing story that is the future of Saab looks set to have more episodes than The Young and the Restless – and the CBS TV soap opera has been running since 1973… Guy Lofalk, the court-appointed administrator who oversaw the restructuring...
- Show Me The Money: Saab Receives $5 Million Us From Youngman, More May Come
It’s true that this month is probably the worst in a really bad year for Saab. Its 9-5 ended last in Consumer Reports’ luxury sedan test, GM repeatedly vetoed any sale deal involving the Chinese, and the court-appointed administrator has...
- Delays In Chinese Loan May Spell The End For Saab
If it were a movie, it would have more sequels than Rocky, Rambo and Mission Impossible all combined together. However, it is not: it is the story of Saab’s survival. And the latest chapter may very well turn to be the last. According to the Swedish...