Cars
Dutch supercar maker and former Saab owner Spyker has been declared bankrupt by a district court, which ended a moratorium of payments that was granted to the company on December 2.
Read more »
- 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 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...
- 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...
- Spyker To Sell Its Sportscar Business In Order To Focus On Saab
Spyker Cars N.V., the Dutch owner of Saab, announced today that is has started negotiations to sell its sports car brand in order to focus on the development of premium car maker Saab, which it acquired one year ago from General Motors. The Dutch company...
- Saab To Cut Workforce After Poor Sales Forecast
Sweden-based Saab Automobile plans to reduce its workforce by 200 employees or about one-eighth of its current staff, according to report from Reuters citing a union official. Hakan Skott, a union representative at Saab, told the news site that the move...
Cars
Spyker Goes Bunkrupt, Owner Quotes Churchill, Vows to Resurrect it
Dutch supercar maker and former Saab owner Spyker has been declared bankrupt by a district court, which ended a moratorium of payments that was granted to the company on December 2.
Read more »
- 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 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...
- 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...
- Spyker To Sell Its Sportscar Business In Order To Focus On Saab
Spyker Cars N.V., the Dutch owner of Saab, announced today that is has started negotiations to sell its sports car brand in order to focus on the development of premium car maker Saab, which it acquired one year ago from General Motors. The Dutch company...
- Saab To Cut Workforce After Poor Sales Forecast
Sweden-based Saab Automobile plans to reduce its workforce by 200 employees or about one-eighth of its current staff, according to report from Reuters citing a union official. Hakan Skott, a union representative at Saab, told the news site that the move...