Cars
Yesterday we brought you the news about Saab’s filing for court protection and submitting a reorganization plan. Unfortunately, some of its divisions were not included –and one of them is Saab Cars North America.
- 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-appointed Administrator Wants Saab Restructuring Process Terminated
Less than 24 hours after General Motors stated once again, that it will veto any plan that includes a Chinese company acquiring a stake in Saab, the Swedish carmaker received more bad news. Guy Lofalk, the court-appointed administrator who oversees Saab’s...
- Swedish Court Rejects Saab's Reorganization Plan, Is This The End?
The (digital) ink on our story about Saab North America's hopes and dreams had barely dried when news came in that a Swedish court denied Saab Automobile's voluntary reorganization application that would have protected the company from its creditors,...
- 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,...
- Breaking: Saab Files For Bankruptcy, Aims To Be Independent
General Motors' loss-making Swedish subsidiary Saab filed for bankruptcy on Friday after it was cut loose by the American company as part of its deep restructuring plan. Under the Swedish law, the reorganization is a self-managed process headed by...
Cars
Saab North America Optimistic about Future, Despite Being Left Out of Reorganization Plan
Yesterday we brought you the news about Saab’s filing for court protection and submitting a reorganization plan. Unfortunately, some of its divisions were not included –and one of them is Saab Cars North America.
The company’s president, Tim Colbeck, said in an interview with Automotive News that he is optimistic about its future despite the Swedish carmaker’s decision to exclude its North American operations from its restructuring plan.
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...
- Court-appointed Administrator Wants Saab Restructuring Process Terminated
Less than 24 hours after General Motors stated once again, that it will veto any plan that includes a Chinese company acquiring a stake in Saab, the Swedish carmaker received more bad news. Guy Lofalk, the court-appointed administrator who oversees Saab’s...
- Swedish Court Rejects Saab's Reorganization Plan, Is This The End?
The (digital) ink on our story about Saab North America's hopes and dreams had barely dried when news came in that a Swedish court denied Saab Automobile's voluntary reorganization application that would have protected the company from its creditors,...
- 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,...
- Breaking: Saab Files For Bankruptcy, Aims To Be Independent
General Motors' loss-making Swedish subsidiary Saab filed for bankruptcy on Friday after it was cut loose by the American company as part of its deep restructuring plan. Under the Swedish law, the reorganization is a self-managed process headed by...