Cars
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.
- 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...
- 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...
- 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...
- Saab Ditches Frankfurt Motor Show As Debt Concerns Mount
In a move that was more or less anticipated after the recent plague of problems, Saab today announced that it will not be present at the most prestigious automotive event of the year, the 2011 Frankfurt Motor Show. "Presence at the show requires...
- Gm Extends Deadline For Saab Bidders, 2010 9-5 Sedan Production To Restart
General Motors has dropped a December 31 deadline for Saab bids and will soon restart production of certain models to the pleasure of the Swedish brand's employees, dealers, interested buyers and of course, the automaker's fans. However, this...
Cars
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 deadline set by the administrators who handle Saab’s bankruptcy expired on Monday, April 9. Hans Bergqvist, one of the administrators who evaluated the offers, reportedly told the Swedish press that all bidders want to restart production – though, like the rest of his colleagues, he wouldn’t disclose their identity.
Read more »- 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...
- 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...
- 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...
- Saab Ditches Frankfurt Motor Show As Debt Concerns Mount
In a move that was more or less anticipated after the recent plague of problems, Saab today announced that it will not be present at the most prestigious automotive event of the year, the 2011 Frankfurt Motor Show. "Presence at the show requires...
- Gm Extends Deadline For Saab Bidders, 2010 9-5 Sedan Production To Restart
General Motors has dropped a December 31 deadline for Saab bids and will soon restart production of certain models to the pleasure of the Swedish brand's employees, dealers, interested buyers and of course, the automaker's fans. However, this...