Cars
In September 2010, BMW Group signed an agreement with Saab for the supply of their 1.6-liter turbocharged four-cylinder engines to be used in the next generation of 9-3.
- Spyker Files $3 Billion Lawsuit Against Gm Over Saab Bankruptcy Case
Dutch automaker Spyker N.V has filed a lawsuit against General Motors for over $3 billion (€2.4 billion) in the U.S. District Court for the Eastern District of Michigan. Spyker is accusing GM for tampering with the Saab bankruptcy case. This rather...
- Saab Seeks Court Protection From Creditors, Formulates Reorganization Plan
The way events were unfolding these past few weeks, and from the moment its CEO admitted reorganization was an option, it was inevitable: Saab Automotive NV, which includes Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tolls AB,...
- More Troubles: Supplier Files For Bankruptcy Of Saab’s Tool Division
New troubles are brewing for the never-ending roller-coaster that is Saab. On Friday, one of Saab’s many unpaid suppliers, SwePart Verktyg AB, lost its patience and applied for the Swedish automaker’s Saab Tools subsidiary to be declared...
- Saab Returns From The Dead…again, Restarts Production At Its Trollhättan Factory
Saab is back in the business of making cars again -at least for now- almost two months after production came to a halt on April 6 when the company’s suppliers stopped deliveries of parts in protest over unpaid bills. The Swedish company was able...
- Saab’s Deal With China’s Hawtai Motors Collapses, Future Once Again Uncertain
Another day, another deal gone sour for Saab and its parent company Spyker Cars N.V. Today, less than two weeks after Saab announced an agreement with China’s Hawtai Motor Group that would have invested €150 million (US$215 million) into...
Cars
Saab Automobile Parts AB Sued For €2.6 Million by BMW Over Unpaid Deliveries
In September 2010, BMW Group signed an agreement with Saab for the supply of their 1.6-liter turbocharged four-cylinder engines to be used in the next generation of 9-3.
On paper, it was a win-win situation. It gave Saab’s new owner at the time, Spyker, a way to start relying less on GM’s powertrains, and of course BMW welcomed the extra income.
Two years later, this deal is the latest in a very long series of problems for the, now bankrupt, Saab. That’s because last week BMW filed a lawsuit with the Swedish district court in Nykoping.
Read more »- Spyker Files $3 Billion Lawsuit Against Gm Over Saab Bankruptcy Case
Dutch automaker Spyker N.V has filed a lawsuit against General Motors for over $3 billion (€2.4 billion) in the U.S. District Court for the Eastern District of Michigan. Spyker is accusing GM for tampering with the Saab bankruptcy case. This rather...
- Saab Seeks Court Protection From Creditors, Formulates Reorganization Plan
The way events were unfolding these past few weeks, and from the moment its CEO admitted reorganization was an option, it was inevitable: Saab Automotive NV, which includes Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tolls AB,...
- More Troubles: Supplier Files For Bankruptcy Of Saab’s Tool Division
New troubles are brewing for the never-ending roller-coaster that is Saab. On Friday, one of Saab’s many unpaid suppliers, SwePart Verktyg AB, lost its patience and applied for the Swedish automaker’s Saab Tools subsidiary to be declared...
- Saab Returns From The Dead…again, Restarts Production At Its Trollhättan Factory
Saab is back in the business of making cars again -at least for now- almost two months after production came to a halt on April 6 when the company’s suppliers stopped deliveries of parts in protest over unpaid bills. The Swedish company was able...
- Saab’s Deal With China’s Hawtai Motors Collapses, Future Once Again Uncertain
Another day, another deal gone sour for Saab and its parent company Spyker Cars N.V. Today, less than two weeks after Saab announced an agreement with China’s Hawtai Motor Group that would have invested €150 million (US$215 million) into...