Koenigsegg Pulls Out of Saab Deal, GM to Kill the Brand?
25 Nov 2009, 08:03 UTC · By: Bogdan Popa / After months of negotiations and rumors regarding Saab's future, Koenigsegg finally decided to terminate the agreement for purchasing the Swedish brand. Unfortunately, General Motors is yet to ...
US Saab Dealers Lack New Cars
18 Nov 2009, 09:24 UTC · By: Bogdan Popa / Saab's dealers in the United States are going through a tough month as the Swedish manufacturer, which is now getting ready for the final signature to step under Koenigsegg's ownership, is...
Koenigsegg to Close 81 Saab US Dealerships
13 Nov 2009, 08:58 UTC · By: Alex Vasile / Saab’s future owner, Swedish super car producer Koenigsegg, will reject 81 Saab dealerships from the US, out of a total of 218, as cost cutting measure. Koenigsegg is thus facing now the ...
Beijing Auto Wants Saab Deal Done by 2010
10 Nov 2009, 14:21 UTC · By: Alex Vasile / Most of you know that Swedish super car manufacturer Koenigsegg is in the process of purchasing Saab. And it’s not just Swedish buying other Swedish, because behind Koenigsegg stands Beijing ...
Future Saab 9-3, Independent of General Motors
2 Nov 2009, 10:58 UTC · By: Bogdan Popa / General Motors started its huge restructuring process some months ago and, as part of this plan, it got rid of several brands, including Saab, Pontiac and Saturn. Out of these three, Saab is undoubt...
Volvo’s Anna-Maria Sameus Awarded ‘Technological Woman of the Year’
19 Oct 2009, 10:21 UTC · By: Alina Dumitrache / Defense and security company Saab has awarded Anna-Maria Sameus, product manager at Volvo Cars the Technological Woman of the Year 2009. As a top prize winner, Sameus will benefit of a study visit t...
Saab 9-5 US Premiere at the Miami Auto Show
19 Oct 2009, 06:53 UTC · By: Bogdan Popa / Saab will launch the new 9-5 at the Miami Auto Show that will take place between October 23 and November 1, 2009. The new model will go on sale in the upcoming months, with pricing and full specific...
Saab to Move US HQ From Detroit
15 Oct 2009, 09:30 UTC · By: Bogdan Popa / Detroit isn't quite a top-notch location during economic recession, especially when thinking that most major automakers based in the region went bankrupt and begged for government money. Obviou...
BAIC Wants to Purchase Old 9-5 Rights
2 Oct 2009, 09:23 UTC · By: Bogdan Popa / Chinese manufacturer BAIC is trying a different approach to the Chinese market and aims to buy the rights of building and selling the old Saab 9-5. In a report issued today, autocar.co.uk informed t...
Koenigsegg Won't Give Up Saab Acquisition
28 Sep 2009, 06:28 UTC · By: Bogdan Popa / Swedish sports car manufacturer Koenigsegg won't pull out of the Saab deal, an official of the company said, in spite of statements that the company might give up if negotiations for loans from...
Saab Closer to Chinese Production
24 Sep 2009, 10:58 UTC · By: Bogdan Popa / It was only a rumor last week but companies involved in the talks recently confirmed that a potential start of production of Saab cars in China is very likely. Still, there are a number of issues to...
Saab Planning Chinese Car Production
17 Sep 2009, 07:47 UTC · By: Bogdan Popa / Swedish carmaker Saab is planning to move a part of its car production in China, a country that could allow the company to reduce labor costs and seek new buyers in the region. Saab CEO Jan-Aake Jon...
The New 9-5, Credits to Saab
16 Sep 2009, 14:08 UTC · By: Bogdan Popa / The newly-released Saab 9-5 is 70 percent a creation of the engineers working for the Swedish manufacturer, a company official said, emphasizing that Saab has the ability to produce new models using...
Frankfurt Auto Show: Saab 9-5 · Live Photos
16 Sep 2009, 12:12 UTC · By: Bogdan Popa / Saab showcased the new 9-5 for the first time at the Frankfurt Auto Show, even if all details of the new generation model have been released last month. Nevertheless, the car represents a new beginn...
BAIC Becomes Minority Shareholder in Koenigsegg Group
9 Sep 2009, 14:31 UTC · By: Bogdan Popa / Koenigsegg Group has just signed a Memorandum of Understanding (MOU) with BAIC that would allow the two companies expand their coverage in both international and Chinese markets. In other words, Koe...
Saab 9-5 Hybrid in the Works
9 Sep 2009, 10:29 UTC · By: Bogdan Popa / The newly-released Saab 9-5 will get a hybrid version as well, as the Swedish manufacturer, now owned by Koenigsegg, is looking to bring an extra boost to the car. The hybrid powertrain will obvious...
SAIC Might Buy Saab Stake
9 Sep 2009, 08:25 UTC · By: Bogdan Popa / Koenigsegg has already reached an agreement with General Motors to purchase its Swedish unit Saab but it appears the the sports car manufacturer might agree to cease a passive stake in the company t...
Koenigsegg Submits New Financing Plan
7 Sep 2009, 12:43 UTC · By: Daniel Patrascu / Swedish manufacturer Koenigsegg Group AB submitted its new financing plan for the purchase of the former GM unit, Saab. According to State Secretary Joran Hagglund, speaking to Reuters, the new plan...
Koenigsegg Raises Money for Saab Acquisition
3 Sep 2009, 07:58 UTC · By: Bogdan Popa / Swedish sports carmaker Koenigsegg is raising funds to complete the Saab acquisition from General Motors, a move that is expected to occur as soon as next week. Swedish newspaper Dagens Industri ye...
New Saab 9-5 Sedan Detailed
27 Aug 2009, 08:35 UTC · By: Bogdan Popa / Saab has just detailed the all-new 9-5 sedan, the first model released under the ownership of Koenigsegg. The car will be on display at the Frankfurt Auto Show next month so in case you will attend ...