Cars
Is the Saab Museum up for Sale?
With Saab having bitten the bullet, probably for good this time, the administrators have immediately stepped in and started selling off its assets in order to pay the now bankrupt carmaker’s workers and creditors. According to a report from the usually well-informed crew on Saab matters over at Saabs United, the bankruptcy administrators are already taking offers for the Swedish firm's Car Museum that is located in Trollhättan.
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Saab Automobile Parts Ab And Its Global Subsidiaries To Operate Independently
On Wednesday, it was announced that the administrators of Saab Automobile AB had signed an agreement with National Electric Vehicle Sweden AB (NEVS), a newly formed Chinese-Sweden investment group with Japanese backing, for the sale of Saab Automobile...
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Saab Offers Evaluated By Administrators, All Bidders Want To Restart Production
Reports of Saab’s death may or may not have been greatly exaggerated. The saga has been dragging on for over a year and whilst the Swedish carmaker filed for bankruptcy last December, it’s far from over. According to Automotive News, the...
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India's Mahindra & Mahindra Interested In Saab, Turkish Suitor Also Pops Up On The Radar
The sad story of Saab is far from over as the court-appointed administrators who are overseeing the Swedish automaker's bankruptcy are now on the lookout for possible investors to either sell parts of the brand or the company as a whole. In today's...
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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...
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Saab Presents New Restructuring Plan To Its Creditors
On Monday, Swedish Automobile presented the restructuring plan of Saab Automobile to the company's creditors at a preliminary meeting in Vanersborg, Sweden. Saab’s management informed the creditors about the key points of the reorganization...
Cars