Cars
It’s been almost a week now since we last heard from Saab and as time goes by without a viable solution, the situation for the Swedish carmaker becomes more critical every day.
- Gm Says No To Saab's Latest Ownership Plan, Swedes Reply “there Is Always A Plan Bâ€
A day without Saab news is a day wasted. On Monday, Saab's owner, Swan NV, said that after GM’s rejection of the Pang Da and Youngman deal, it was readying another plan, involving Youngman and a Chinese bank. Unfortunately for Saab, this latest...
- More Troubles For Swedish Carmaker As Saab Great Britain Files For Administration
The impasse on the sale of Saab Automobile to Pang Da and Youngman has not been resolved, due to Saab shareholder and supplier General Motors objecting to its platform and engineering technology being transferred to the Chinese. Swedish Automobile N.V....
- China's Pang Da And Youngman Agree To Buy Saab For €100 Million And Save It From Bankruptcy
Saab's parent company Swedish Automobile N.V. [Swan] said on Friday that it has agreed to sell the company to China's Pang Da and Youngman. If the deal goes through, the Chinese will own Sweden’s car industry bar Koenigsegg as Volvo was...
- Saab Responds To Media Reports, Says Deal With Pang Da Still On
Responding to recent media reports, Saab's parent company Swedish Automobile N.V. [Swan] issued a short statement saying the investment deal with China's Pang Da Automobile is still on the table. Pang Da Automobile had signed an agreement in...
- Saab Finalizes Deal With Panga Da And Youngman, Announces New 9-1, 9-6x And 9-7
Saab’s parent company Swedish Automobile NV said on Monday it converted the non-binding memorandum of understanding with Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co into a final agreement. However, the deal is still...
Cars
Saab in Talks with Youngman and Chinese Bank to Secure November Wages
It’s been almost a week now since we last heard from Saab and as time goes by without a viable solution, the situation for the Swedish carmaker becomes more critical every day.
On Monday, Saab owner Swedish Automobile (SWAN.AS) announced that it is currently in discussions with Youngman Automobile and an unnamed bank in China about a potential investment in Saab.
Read more »- Gm Says No To Saab's Latest Ownership Plan, Swedes Reply “there Is Always A Plan Bâ€
A day without Saab news is a day wasted. On Monday, Saab's owner, Swan NV, said that after GM’s rejection of the Pang Da and Youngman deal, it was readying another plan, involving Youngman and a Chinese bank. Unfortunately for Saab, this latest...
- More Troubles For Swedish Carmaker As Saab Great Britain Files For Administration
The impasse on the sale of Saab Automobile to Pang Da and Youngman has not been resolved, due to Saab shareholder and supplier General Motors objecting to its platform and engineering technology being transferred to the Chinese. Swedish Automobile N.V....
- China's Pang Da And Youngman Agree To Buy Saab For €100 Million And Save It From Bankruptcy
Saab's parent company Swedish Automobile N.V. [Swan] said on Friday that it has agreed to sell the company to China's Pang Da and Youngman. If the deal goes through, the Chinese will own Sweden’s car industry bar Koenigsegg as Volvo was...
- Saab Responds To Media Reports, Says Deal With Pang Da Still On
Responding to recent media reports, Saab's parent company Swedish Automobile N.V. [Swan] issued a short statement saying the investment deal with China's Pang Da Automobile is still on the table. Pang Da Automobile had signed an agreement in...
- Saab Finalizes Deal With Panga Da And Youngman, Announces New 9-1, 9-6x And 9-7
Saab’s parent company Swedish Automobile NV said on Monday it converted the non-binding memorandum of understanding with Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co into a final agreement. However, the deal is still...