Saab sold to Pang Da and Youngman for 100 million Euro
And the deal is done - Swedish Automobile announced today that Saab will be sold to two Chinese companies for 901 million Yuan, which is about RM435 million or 100 million Euro. …
Saab ends investment deal with Youngman, Pang Da
Swedish Automobile, the company which owns troubled automaker Saab, has said it has ended a 245 million euro investment deal with Chinese companies Zhejiang Youngman Lotus Automobile and Pang Da Automobile, following …
Swedish Automobile to sell Spyker Cars for US$44 million
The journey continues, though on a different tack. Reports say that Swedish Automobile, the company that owns cash-strapped Saab and Spyker Cars, has announced its intent to sell off Spyker to an …
Saab and Youngman to form joint venture to develop three new models: the 9-1, 9-6 and 9-7
Saab, through its owner Swedish Automobile, has signed an agreement with Zhejiang Youngman to form a joint venture in Sweden to develop three Saab models. The company issued a statement which said …
Saab-Youngman JV to build three new models in Sweden
Swedish automaker Saab, part owned by Spyker, part owned by the Chinese, has signed an agreement with Zhejiang Youngman Passenger Car Group Co to form a joint venture in Sweden. This 50-50 …
Saab’s adventure continues – Youngman joins the party
The tempestuous affair that is Saab continues, with another Chinese suitor entering the picture to now make it a three-way deal. The Swedish automaker, owned by Spyker Cars, had been given a …
Saab gets another 15m euro cash injection from Pang Da
Saab has obtained another cash injection from Pang Da, its new Chinese partner, according to reports. The Swedish automaker has received a further order for 630 cars, worth 15 million euros, on …
Kung Fu Panda saves the day! Chinese auto distributor Pang Da pumps 45m euros into Saab, buys stake in Spyker
Cash strapped Saab has a new saviour, just a few days after the deal with Chinese automaker Hawtai fell through. The Swedish brand's owner, Spyker, has signed a memorandum of understanding (MoU) …
Saab-Hawtai deal falls through – Great Wall enters picture
It looks like the reported deal between Hawtai Motors and Saab, which would have seen the Chinese automaker taking a 29.9% equity stake in Saab parent company Spyker Cars for US$172 million, …
Saab rescued, again – Hawtai buys into Spyker Cars
A couple of days ago, we reported that Saab was likely to be rescued by investors. Well, the deal is done. The Swedish automaker - and its Dutch owner, Spyker Cars - …
Saab to be rescued by Chinese and Russian investors?
Is Youngman looking to supplement it's current Proton platform-based offerings with additional more upmarket models? We hear that Saab is nearing to confirming a deal with one out of a total of …
BAIC rolls out T60 concept from old Saab platform
Back in December 2009, China's Beijing Auto (BAIC) purchased intellectual property for Saab's 9-5 and 9-3 sedans from General Motors, who no longer wanted the Swedish marque. The $200 million purchase will …
Cash strapped Saab eyeing to buy current MINI platform
Saab's production workers are now at home, not because it's a public holiday, but because the carmaker has stopped production "until further notice" amid a row with suppliers over unpaid bills. Rescued …
Saab PhoeniX Concept shows off ‘aeromotional’ design
My first visit to a top international motor show was Paris 2006, which will be remembered as the debut venue of the Audi R8 and concepts like the VW Iroc, which has …
2011 Saab 9-5 SportCombi – initial photo released
This is the 2011 Saab 9.5 SportCombi and we now have a single official image to share with you. The SportCombi is pretty much an estate version of the 9-5 sedan and …
Saab 9-4X crossover to debut next month in Los Angeles
Saab is entering the crossover segment with its new 9-4X, which will make its world premiere at next month's Los Angeles Auto Show. The vehicle will expand Saab’s product portfolio to three …
Official: BMW 1.6L turbocharged engines for Saab!
BMW will supply Saab Automobiles with engines for its vehicles from 2012 onwards. Ian Robertson, member of the Board of Management of BMW AG, and CEO of Saab Automobile, JanÅke Jonsson, signed …
Saab to use BMW engines for upcoming models?
According to an unconfirmed source close to the Saab and BMW discussions, both automakers have come to an agreement in which BMW will supply engines to Saab. Saab is said to be …
Saab 9-3 ePower Sportwagon – Saab’s foray into the EV market
Saab will be bringing their very own electric vehicle to Paris for the upcoming motor show. Based on the current 9-3 Sportswagon, the 9-3 ePower will be a prototype undergoing extensive trails …
Saab to debut 9-4X crossover at LA show in November
The Saab 9-4X first made its motor show rounds in 2008 as the 9-4X Biopower Concept. Now that the Swedish marque is alive and kicking under new ownership, it's ready to debut …
