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Now that the dust has settled in terms of Saab’s financial situation, the Swedish marque is concentration on rolling out cars to sell. The sleek 9-5 is out, and the 9-4X will join the range […]
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Saab set to revive classic 92 model from the 1950s
Much like how Fiat revived the lovable 500, Saab under new owner Spyker will be making a new small car based on a famous 1950s model. The classic in question is the teardrop shaped Saab […]
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How the Chinese previous generation Saab 9-5 looks like
This is not a copy, they bought the rights to it. Late last year, Beijing Automotive Industry Holding Corp (BAIC), China’s fifth-largest automaker paid $200 million to General Motors for three vehicle platforms and two […]
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Saab 9-5 – 500,000km of European chassis testing
Now that the whole drama about whether Saab will go on as a car company has ended since it has been sold to Spyker, it’s time to see its first post-GM car launch, though not […]
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Spyker’s plans for Saab revealed – 9-4X coming in 2011, small “9-1” is a possibility
What does Spyker see in Saab? What does it plan to do with the brand from now? How different will the new Saab be? New models? There are tons of questions we can throw at […]
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Spyker seals Saab purchase from GM!
General Motors said it has reached an agreement to sell Swedish car brand Saab to Dutch sports car manufacturer Spyker Cars NV. The American company will receive $74 million in cash, paid in two installments, […]
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F1’s Bernie Ecclestone in a bid to save Saab!
Now this is one unexpected piece of news. Formula 1 supremo Bernie Ecclestone has confirmed plans to make a bid for Saab! We previously reported that the original Dec 31 deadline set by GM to […]
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Saab deadline extended, factory up and running
If the original December 31 deadline for negotiations holds through, Saab will be officially consigned to history come midnight. But it won’t, as General Motors has extended the deadline for a final offer from Spyker […]
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Last minute updated Saab offer from Spyker
There has been a last minute update with Saab – a very last minute revised offer from Spyker which apparently addresses and eliminates 11 key “issues” which prevented the deal from going through. The new […]
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BREAKING! Negotiations with Spyker fails, GM to shut down Saab
Looks like its bad news after all for Swedish brand Saab. Just moments ago General Motors, parent company of the brand officially announced that it will gradually shut down Saab, following a breakdown in the […]
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Beijing Automotive obtains $2.9 billion credit – funds to take over Saab?
Beijing Automotive Industry Holding Corp (BAIC) has obtained a 20 billion yuan (US$ 2.93 billion) line of credit from the Bank of China, believed to be the funds needed to buy over Swedish automaker Saab […]
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Saab could be chopped up and wound down by year end if no takeover in sight!
The new Saab 9-5, only just recently unveiled in August GM posted some very sad news yesterday on their media website: The GM Board of Directors has received expressions of interest in Saab since the […]
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Other possible options for Saab
As previously reported Saab will not be owned by Koenigsegg at least for now and Saab, or should I say General Motors is left with a few options. The most talked about option is the […]
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Koenigsegg not buying Saab: shutdown imminent?
This is a shocking piece of news. Remember Koenigsegg that was this close in buying out Saab from General Motors that a preliminary agreement was signed in June indicating that the negotiations have entered the […]
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Beijing Auto to buy rights for old Saab 9-5?
It looks like Beijing Auto has fast-tracked its plan to reap the benefits from its Koenigsegg/Saab investment. But of course knowing the mainland Chinese stuff like this were probably the plan all along. BAIC is […]