It has been reported that the planned Saab takeover has hit a stumbling block. General Motors have threatened to stop supplying technology for Saab cars if the proposed Chinese investment goes ahead. The company sold Saab back in 2010. We reported in a previous article last month that Saab could survive and be on their
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Following recent revelations of Saab playing their get of jail card and surviving, photos of the new 9-3 have been released. The car planned for release in 2013 looks to have the makings of being quite an attractive design. The Phoenix concept which was seen earlier this in March has quite a number of similarities.
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Saab have been bought out and rescued by a Chinese company. Just seven months ago the company were facing the strong possibility of bankruptcy and closure. It was only a few months ago where production had to be halted with the company failing to pay suppliers. It was sold by Chief Executive Victor Muller who
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Saab has made headlines for the wrong reasons, yet again. They are now in risk of closure after another turn of bad luck for the Swedish car maker. It has been reported that they are attempting to gain protection from its creditors, in order to avoid bankruptcy. Workers have at one stage not been paid
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There has been an interesting turn of events recently for Saab, in many different ways. We thought we’d update you from our previous article titled “Is this an end to Saab’s troubles?” That article discussed a potential light at the end of the tunnel for Saab with new investment, but this article will explain how
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Troubled Swedish company Saab Automobile signed a tentative financing and import deal today with largest car distributor in China. Saab’s parent, the Dutch sports car maker Spyker Cars, and Pang Da Automobile Trade, signed the memorandum of understanding in Beijing. Saab, one of Sweden’s biggest car producers has had dramatic and some unexpected changes in
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