Spyker, the Only Bidder Still in the Race for Saab
16 Dec 2009, 08:53 UTC · By: Bogdan Popa / Although Saab a few days ago announced the sale of several assets to China's BAIC, Spyker is still negotiating the acquisition of the Swedish unit, GM Chairman and CEO Ed Whitacre said in a sta...
Confirmed: Chinese BAIC Takes Over Saab Assets
14 Dec 2009, 09:27 UTC · By: Bogdan Popa / Another important milestone in Saab's fight for life became reality a few days ago when the Swedish manufacturer sold some assets to Beijing Automotive. Specifically, the company closed on the ...
GM to Decide on Saab Buyer This Week
10 Dec 2009, 11:09 UTC · By: Alex Vasile / General Motors needs to decide whether or not to sell its Saab brand, the Nordic government's car czar was quoted as saying by Svenska Dagbladet. A while ago, GM said that if it will not be abl...
GM Confirms Saab Negotiations with Interested Parties
9 Dec 2009, 09:41 UTC · By: Bogdan Popa / Soon after Koenigsegg walked away from the Saab deal, everybody believed that this is the end of GM's Swedish unit, as no other investor was interested, at that time, in buying the company. How...
Saab Hopes to Dodge BAIC Sale
8 Dec 2009, 15:00 UTC · By: Daniel Patrascu / The noose is tightening around Saab's neck, as more and more fervent reports hint its current owner, GM, is in advanced talks with China's largest manufacturer, BAIC, for the sale of certa...
Former Saab PR Manager Jan-Willem Vester Passes Away
8 Dec 2009, 11:52 UTC · By: Bogdan Popa / Saab is far from experiencing a healthy period as the company fights for life and hopes that General Motors would find a new investor able to keep it alive. But one more sad news surfaced today as J...
Geely Considering Saab Bid
7 Dec 2009, 13:22 UTC · By: Bogdan Popa / Geely has already been named Ford's preferred bidder for Volvo but the Chinese company is far from ending its European expansion. According to the recent rumors surrounding GM's Swedish un...
Spyshots: Saab 9-5 Estate
7 Dec 2009, 11:34 UTC · By: Bogdan Popa / The new Saab 9-5 is seen as one of the models that could keep the Swedish brand alive but even so, the financial problems and the lack of interested investors might actually kill the company. Unfort...
Saab's Sine Wave...
7 Dec 2009, 07:54 UTC · By: Alex Oagana / ... Back in March this year, I was bringing the almost-certain death of a once great car maker to your attention. Yes, I'm talking about Saab, once famed for making some of the quirkiest hatche...
Spyker Confirms Interest in Saab
4 Dec 2009, 17:14 UTC · By: Daniel Patrascu / Following the rumors which surfaced yesterday and which claimed that Dutch sports car maker Spyker is eyeing a possible bid for Swedish car maker Saab, the Dutch have confirmed the story in a brief ...
BAIC Buys Old Saab 9-5 Production Line
4 Dec 2009, 09:37 UTC · By: Bogdan Popa / Just as we told you in the past, BAIC was planning to buy rights for Saab's 9-5 and start production of this particular model in China, a move that could boost the company's local revenues...
Spyker Planning to Buy Saab?
2 Dec 2009, 10:52 UTC · By: Bogdan Popa / Dutch sports carmaker Spyker Cars NV is believed to be the latest party interested in taking over the Swedish ailing manufacturer Saab. Spyker and its Russian owner, Converse Bank, have already subm...
GM: Buyer or Bye Saab!
2 Dec 2009, 09:31 UTC · By: Bogdan Popa / As we're sure you know, Koenigsegg recently decided to scrap plans to purchase the Swedish unit Saab, leaving General Motors with only a few options. The US-based manufacturer announced that a ...
Beijing Auto Says the Saab Deal is Not Over
30 Nov 2009, 07:38 UTC · By: Alex Vasile / Beijing Automotive Industry Holding Corp is still interested in buying Saab, said the Chinese car company's general manager. As reporters tried to get more information about BAIC’s intent...
Investors Pile Up to Take Saab. Again...
28 Nov 2009, 09:49 UTC · By: Daniel Patrascu / If you have been watching the almost year-long Saab sage, then you definitely know the huge state of denial both the Swedish carmaker and the parent company, GM, are in. To give you a brief summary,...
No Other Buyers for GM's Saab
26 Nov 2009, 10:54 UTC · By: Bogdan Popa / The end is getting closer for Saab as General Motors might be forced to discontinue the brand unless an interested party is ready to bid for the Swedish brand. And at this point, it seems like killi...
GM Still Looking for Saab Buyers
26 Nov 2009, 09:30 UTC · By: Bogdan Popa / Even if Koenigsegg decided to walk away from the Saab deal, the Swedish brand might still live on as parent manufacturer General Motors is still trying to find a bidder for the company. The news cam...
Beijing Auto Interested in Saab Assets
25 Nov 2009, 11:29 UTC · By: Alex Vasile / It is already official that the deal for buying Saab went sower, leaving General Motors with no other alternative but to shut down the brand, especially when Sweden ruled out a state bailout and sai...
Sweden Won't Give Money to Saab
25 Nov 2009, 09:34 UTC · By: Bogdan Popa / Saab's situation is getting more complicated every hour after Koenigsegg announced its decision to walk away from the deal and leave General Motors to decide the Swedish company's future. ...
Dealers Affected by GM’s Decision to Close Saab
25 Nov 2009, 08:54 UTC · By: Alex Vasile / General Motors spokeswoman Ryndee Carney said two weeks ago that if the deal with Koenigsegg failed, GM would have to close down all brand operations and all the US dealerships. And just when everyb...