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  Spyker sues GM for US$3 bil over Saab’s demise

  8 August 2012 / 1 comment

  Spyker NV has filed a complaint in the United States District Court of the Eastern District of Michigan against General Motors, on behalf of Saab Automobile, seeking US$3 billion in damages. The Dutch automaker acquired Saab […]

  
  

   

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  Saab bought by National Electric Vehicle Sweden

  14 June 2012 / 2 comments

  Well, after all the unfettered drama, looks like Saab Automobile is set to live on. The brand has a new owner, and it’s National Electric Vehicle Sweden, or NEVS. Both NEVS and the Receivers of […]

  
  

   

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  SAAB may be saved by Chinese-Japanese group

  29 May 2012 / 5 comments

  Swedish carmaker Saab could be seeing the light at the end of a very dark and cold tunnel. Automotive News Europe has picked up a story by Bloomberg that a group led by a Chinese […]

  
  

   

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  Saab selling off its Trollhattan museum vehicle displays

  19 January 2012 / 6 comments

  According to a report, bankrupt Swedish automaker Saab is auctioning off its vehicles on display in its museum in Trollhattan. The company is selling the classic displays online, after failing to find a buyer for […]

  
  

   

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  India’s Mahindra & Mahindra linked to bankrupt Saab

  3 January 2012 / 5 comments

  Saab may be bankrupt financially, but it has no lack of suitors. After rumours of a sale to the Turkish government surfaced last week, word has it that India’s biggest SUV maker is an interested […]

  
  

   

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  Saab in talks with Turkish gov’t, according to reports

  30 December 2011 / 6 comments

  Saab Automobile, which declared voluntary bankruptcy last week, remains determined in its search for a suitor to save it from oblivion. According to reports, the Swedish carmaker is in talks with the Turkish government, after […]

  
  

   

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  Saab suspends warranty coverage on its US vehicles

  21 December 2011 / 12 comments

  The not-so-pleasant news continues. Saab Automobile, which declared voluntary bankruptcy on Monday, has suspended warranty coverage on all of its vehicles in North America, according to a report. The suspension came into effect the same […]

  
  

   

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  Saab says goodbye after 64 years – Swedish automaker declared bankrupt after Youngman rescue attempt fails

  20 December 2011 / 55 comments

  It’s curtains for Saab Automobile after 64 years in the business, as the last-ditch rescue plan by Chinese investor Zhejiang Youngman Lotus Automobile fell through, the attempt blocked by former owner and key licence holder […]

  
  

   

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  Saab’s owners may be forced into voluntary liquidation, even if sale to Pang Da and Youngman goes through

  15 November 2011 / 10 comments

  The Saab see-saw continues, and now, there’s a likelihood of liquidation for Swedish Automobile even if the company is sold to Chinese companies Pang Da and Youngman. It seems that the proceeds of the sale […]

  
  

   

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  Saab sale to Pang Da and Youngman to be reworked, after GM makes objections over the deal

  8 November 2011 / 7 comments

  According to reports, the rescue deal for Saab made by Pang Da and Zhejiang Youngman will have to be redone after General Motors made objections. “We have to go back to the drawing board,” said […]

  
  

   

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