Stories about Saab
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Youngman Motors Halts Saab Takeover Negotiations
The shock of Volvo, a brand whose tradition is deeply European and deeply Scandinavian, being bought and administered by Chinese investors was an inconceivable idea... 10 years ago. Now it’s happened, and apparently Volvo is doing very well, funded by plenty of yuan. Time has passed, and we no longer find Vo... Continue Reading →
▶ Saab Wins First Swedish Touring Car Race [Video]
Finally we get to write a piece of Saab-related news that can be filed under “positive”, as the defunct Swedish carmaker has won the inaugural round of the Swedish Touring Car Series. The race ,which took place on the Karlskoga Motorstadion on March 12, saw Team Tido’s black 9.3 race car take po... Continue Reading →
![Saab Wins First Swedish Touring Car Race [Video]](http://s1.aecdn.com/images/news/saab-wins-first-swedish-touring-car-race-video-45025-2.jpg)
Swedish Union Send Letter to President Obama to Save Saab
Saab may not be dead just yet. Despite filing for bankruptcy in December, due to GM’s refusal to allow permission for their sale to a new owner, fearing that GM tech may end up in competitors’ hands. Recently, a Swedish union called IF Metall have sent a letter to US president Barack Obama in which th... Continue Reading →
Last New Saab 9-3 Convertibles in RHD for Sale
Saab Parts UK announced today that it has secured a batch of brand new 9-3 Convertibles in right hand drive belonging to the 2012 model year. These are brand new cars, among the last to roll off the production line in Trollhattan that now lies dormant. The company plans to sell these cars through an 87-strong nati... Continue Reading →
Ursaab: Join the Dark Side Luke!
You might think that Darth Vader was created by a hundred graphic designers in order to create geek shivers for so many years, but you got to remember that the first movies were done on a budged by people with a strong passion for the sci-fi genre. So, where did the inspiration for the famous Darth Vader helmet co... Continue Reading →
New Saab 9-3 Sedans to Race in Swedish Touring Car Championship
We’re happy to tell you that Saab’s badge is set to shine in the daylight once again despite the fact that the company has gone bankrupt. To be more specific, a total of four all-new 9-3 sedan race cars will be used in the 2012 Swedish TTA Racing Elite League. The vehicles will be run by Flash Engineer... Continue Reading →
BMW Interested in Buying Saab
The future of Saab has started to look a bit brighter recently. While liquidation of asset is a given, the brand might survive, and for the sake it employees that have fought to keep the company alive, we hope the European production facilities will as well. What we mean is that building Saabs in China, or making the... Continue Reading →
Saab Cars North America Facing Liquidation
While Saab and its employees are still hoping for a buyer to save the company, money is running out for the North American division, which faces liquidation in the face of its impossibility to pay debts. It’s only a matter of time before the procedure gets into full swing, and the 188 dealers scattered across t... Continue Reading →
2011 Auto Industry Wrap Up
We’ll be taking a look back at the best and the worst the automotive industry had to offer. It’s going to be hard to sum it up in just a few words, but I’d say that from an actual product point of view, 2011 was the year of the leak and tease in terms of new cars. Just about every important car to b... Continue Reading →
Tough Times Ahead for US Saab Dealers
The reality of Saab going under is starting to sink in as thousands of cars in the US are now not going to be serviced by the dealers. But the future might be even bleaker for the showrooms than for the individual owners, because they are facing no employee payments, liquidation of existing stocks. Of course, the ... Continue Reading →
Saab Performance Team: Glory Days on Video
Pieces of news related to Saab keep pouring in these days and most of them picture the Swedish carmaker as man on its death bed. However, we're not here to talk about Saab's financial situation. Instead, we want to take a look at some of the company's glory days. Many of you know Saab's Perform... Continue Reading →
Saab Phoenix Platform Sold to Youngman
Probably the only valuable assets that Saab owns besides its name is the Phoenix architecture that they never got to fully make use of. Today, LeftLane News reports that Chinese automaker isn’t giving up on Saab-related assets, even if it can’t save the company, because they are buying the rights to the p... Continue Reading →
Saab Australia: Warranties No Longer Valid
It seems that all dealers selling Saabs will have to tell their customers soon that their cars will no longer be taken care of, as after the North American announcement, Australia has followed suit today. The subsidiary from Down Under’s announcement affects some 800 owners, according to CarAdvice - 138 so far ... Continue Reading →
Warranty Coverage Suspended for Saabs Sold in North America
There’s talk of a chance of revival but from what we can tell, the only way that Saab is coming back is if some other carmaker buys only the brand rights and starts from scratch. Saab North America seems to think the end is near as well, because they’ve issued a statement saying that all new Vehicles sold... Continue Reading →
The End Is Near: Saab Files for Bankruptcy
We’ve never read a press release from an automaker that is just depressed and pessimistic until today’s bankruptcy announcement from Saab’s owner Swedish Automotive. Yes forks, the 74-year old brand is standing on its last legs after filing for bankruptcy with the District Court in Vonersborg, Swede... Continue Reading →
Saab Receive Small Cash Injection from Youngman
Call it an eleventh hour gift or a last chance, but Saab has announced it has just received a $5 million payment from China's Youngman Lotus Automobile, ahead of the court meeting that will address the restructuring process. The money will be used to cover some quick tax charges, according to Automotive News.... Continue Reading →
Saab Fans Occupy GM Facebook Page
The “occupy” fever has spread far, far away from Wall Street, becoming some sort of a fashion. We’ve already heard about various movements of this kind all over the globe, but now the phenomenon has reached the virtual world, as Saab fans are currently occupying General Motor’s Facebook Page. ... Continue Reading →
New Saab 9-3 Official Sketch Leaked
Now that Saab has received a dose of cashdrenaline from China, the company can focus on what it should be doing: building cars. It seems that the Swedes have done their homework, as revealed by the adjacent images, which leaked during a fund raising event held earlier this year. The images, which slipped during a ... Continue Reading →
Swedish Automobile Agrees to Sell Saab for €100M
It seems that sticking to the old understanding did not work out after all for Saab owner Swedish Automobile. The Chinese firms that were supposed to offer credit must have taken one quick look at the bottom line and decided the only option was to buy the automaker instead of pumping money into it, but Swedish Automo... Continue Reading →
Saab Fate Hangs in the Balance Again: Investors Backing Away
Did you think that the recent Saab statement saying that they had received the first first part of the €70 million bridging loan from its Chinese partner Youngman was to good to be true? Well, it looks like it was. A recent Bloomberg report suggest that both Youngman and Pang Da Automobile are backing away fr... Continue Reading →
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