Cars
Saab just can't seem to catch a break. After moving from the General's formerly overcrowded pocket into the hands of Spyker, the once-quirky brand is now doing all it can to bring production back online after failing to pay suppliers.
- Saab Receives Funding From Spyker Buyer But Not From Chinese Partners, Administrator Proposes To Terminate Reorganization
The dramatic Saab roller-coaster continues to painfully drag on with good and bad news for the brand. But let's take it in chronologically order. This morning, Saab's parent company Swedish Automobile N.V. (Swan) said it has accepted new funding...
- 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...
- Saab Details Partnership With China’s Hawtai Motor Group
In his attempt to save Saab- again, and after having secured short-term cash of €30 million (US$44.6 million), Spyker Car N.V. CEO Victor Muller’s next move was to sign a strategic partnership with China’s Hawtai Motor Group. Under...
- Saab Announces Strategic Partnership With China’s Hawtai Motor Group, Secures New $30 Million Loan
Spyker Cars NV and Saab president Victor Muller is pulling all the strings to kick start the Swedish automaker back into life after the company hit a cash crunch and was forced to halt production last month as suppliers refused to send parts citing lack...
- Breaking: Saab-ed By The Bell - Gm Agrees To Sell The Swedish Brand To Spyker Cars Nv
It's been a long road for SAAB, and even though we don't know what the future has in store for the quirky brand, for the time being, the Swedish automaker has been saved as General Motors and Spyker Cars NV today confirmed that they have reached...
Cars
Saab Roller Coaster Continues as Cash Gets Tight
Saab just can't seem to catch a break. After moving from the General's formerly overcrowded pocket into the hands of Spyker, the once-quirky brand is now doing all it can to bring production back online after failing to pay suppliers.
The gist is this: Saab received 400 million Euros (~$580 million) from the European Investment Bank so it could keep on ticking. Sweden guaranteed the loan, meaning whatever Spyker's resolution calls for must get the go-ahead from the Man.
Read more »- Saab Receives Funding From Spyker Buyer But Not From Chinese Partners, Administrator Proposes To Terminate Reorganization
The dramatic Saab roller-coaster continues to painfully drag on with good and bad news for the brand. But let's take it in chronologically order. This morning, Saab's parent company Swedish Automobile N.V. (Swan) said it has accepted new funding...
- 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...
- Saab Details Partnership With China’s Hawtai Motor Group
In his attempt to save Saab- again, and after having secured short-term cash of €30 million (US$44.6 million), Spyker Car N.V. CEO Victor Muller’s next move was to sign a strategic partnership with China’s Hawtai Motor Group. Under...
- Saab Announces Strategic Partnership With China’s Hawtai Motor Group, Secures New $30 Million Loan
Spyker Cars NV and Saab president Victor Muller is pulling all the strings to kick start the Swedish automaker back into life after the company hit a cash crunch and was forced to halt production last month as suppliers refused to send parts citing lack...
- Breaking: Saab-ed By The Bell - Gm Agrees To Sell The Swedish Brand To Spyker Cars Nv
It's been a long road for SAAB, and even though we don't know what the future has in store for the quirky brand, for the time being, the Swedish automaker has been saved as General Motors and Spyker Cars NV today confirmed that they have reached...