Cars
Three weeks ago, the receivers that handle Saab’s assets after the company was officially declared bankrupt confirmed that there are many parties interested in acquiring the Swedish carmaker, or whatever is left of it.
- Report: Saab's U.s. Dealers Forced To Make Some Difficult Decisions
When a carmaker goes down, it’s not just the investors, factory workers or suppliers that take the heat: dealers are also in deep trouble. Case at hand: Saab’s bankruptcy. Its owner, Swedish Automobile, was forced to liquidate the company...
- 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...
- Court Approves Saab’s Bankruptcy, Appoints Two Receivers – But Is It Really Over?
As expected, the District Court of Vanersborg accepted Saab’s request the same day, Monday December 19, and declared the Swedish carmaker bankrupt. The company's CEO, Victor Muller, blamed General Motors for blocking every rescue attempt...
- Vladimir Antonov Withdraws Proposal To Buy And Leaseback Saab Property
The ink has barely dried on Saab’s latest attempt to form a preliminary deal with China’s Pang Da Automobile and Youngman, and the Swedish company is faced with yet another problem as Russian investor Vladimir Antonov has withdrawn his...
- Gm Appoints Alixpartners To Wind Down Saab, Says Still Evaluating Bids
The saga that is called Saab entered a new phase today as GM confirmed it has selected restructuring firm AlixPartners to supervise the liquidation of the Swedish automakers assets and at the same time, has requested approval of the selection by the...
Cars
Saab Dealers Abandoning Ship as Liquidation Looks Inevitable
Three weeks ago, the receivers that handle Saab’s assets after the company was officially declared bankrupt confirmed that there are many parties interested in acquiring the Swedish carmaker, or whatever is left of it.
Up until now, no offer has materialized and with each passing day, the chances of the Trolhattan-based company becoming history are increasing. Therefore, Saab’s 900 dealers around the globe are looking for alternatives.
Read more »- Report: Saab's U.s. Dealers Forced To Make Some Difficult Decisions
When a carmaker goes down, it’s not just the investors, factory workers or suppliers that take the heat: dealers are also in deep trouble. Case at hand: Saab’s bankruptcy. Its owner, Swedish Automobile, was forced to liquidate the company...
- 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...
- Court Approves Saab’s Bankruptcy, Appoints Two Receivers – But Is It Really Over?
As expected, the District Court of Vanersborg accepted Saab’s request the same day, Monday December 19, and declared the Swedish carmaker bankrupt. The company's CEO, Victor Muller, blamed General Motors for blocking every rescue attempt...
- Vladimir Antonov Withdraws Proposal To Buy And Leaseback Saab Property
The ink has barely dried on Saab’s latest attempt to form a preliminary deal with China’s Pang Da Automobile and Youngman, and the Swedish company is faced with yet another problem as Russian investor Vladimir Antonov has withdrawn his...
- Gm Appoints Alixpartners To Wind Down Saab, Says Still Evaluating Bids
The saga that is called Saab entered a new phase today as GM confirmed it has selected restructuring firm AlixPartners to supervise the liquidation of the Swedish automakers assets and at the same time, has requested approval of the selection by the...