Saab Receives Banckruptcy Protection, to Reorganise
21 Sep 2011, 17:12 UTC · By: Andrei Tutu / Let the Saab soap opera go on: we all knew that Saab was in big financial trouble and it all went official recently, when the carmaker filed for banckruptcy protection. The District Court in Vä...
Saab Bankruptcy Hearing Approaching
19 Sep 2011, 20:08 UTC · By: Andrei Tutu / It seems that Saab might have a chance after all, at least it will get to speak in front of the court. A Swedish court has recently given the carmaker the right to appeal a previous rulling in which...
Saab's Bankruptcy Protection Application Rejected
8 Sep 2011, 17:19 UTC · By: Andrei Tutu / Times are really hard for Saab. Things started going downhill for the Swedish automaker a long time ago and the negative climax was reached yesterday, when the company filed for bankruptcy protectio...
Saab Files for Bankruptcy Protection
7 Sep 2011, 15:41 UTC · By: Mihnea Radu / Saying that Swedish automaker Saab is in bad shape is the biggest understatement in the industry. Even if they solved their financial problems at this point, their image is so badly affected that it...
Saab Records $322 Million Loss in First Half
1 Sep 2011, 12:15 UTC · By: Andrei Tutu / Saab is currently struggling to survive, but it seems that the Swedish automaker's chances are decreasing each day. While other times we had little steps towards a financial meltdown, today, un...
Saab Considers Reorganisation to Hide from Creditors
28 Aug 2011, 12:17 UTC · By: Dragos Serban / It looks like there is no way out for Saab as it finds itself facing a dead end, due to its oncoming funding problems. Thus, the car manufacturer decided to primarly focus its attention on raising ...
Saab Could Delay Paying Wages in August
24 Aug 2011, 08:17 UTC · By: Dragos Serban / And the show goes on with Saab and its ongoing unsolved issues. As a matter of fact the company might start off a reality show based on its financial situation and turnovers. We say that because Saa...
Saab Dealers Bail Out Worried by the Constant Flow of Bad News
22 Aug 2011, 07:39 UTC · By: Dragos Serban / The oncoming bad news about Saab are starting to put pressure on US dealers who are starting to make plans on what to do after Saab will no longer be present on the car market. As a reminder, Saab w...
Saab Getting Closer to Collapse as Many Bills Remain Unpaid
19 Aug 2011, 09:38 UTC · By: Dragos Serban / From how things are going for Saab it looks like the manufacturer is going down hill without brakes. Theoretically things were looking good for a while as the Swedish maker as many investors lined ...
Saab Not Coming to Frankfurt This Year
18 Aug 2011, 06:45 UTC · By: Mihnea Radu / Despite being in deep financial trouble, Saab has been going to auto shows left and right this year. Either they were trying to show their vision of the future or highlight new products, but in the ...
Saab Close to Facing Debt Collection Process
16 Aug 2011, 15:34 UTC · By: Dragos Serban / Saab is walking on the edge, as Sweden’s Debt Enforcement Agency will start a collection process against Saab Automobile on Wednesday. The bad news is that the Agency could freeze the carmaker...
Saab To Drop the 9-3 Badge
10 Aug 2011, 12:26 UTC · By: Dragos Serban / It looks like Saab has made plans to drop the 9-3 badge with the upcoming generation of vehicles, which will debut in the first quarter of 2013. "There's a chance we might move away from t...
Saab to Avoid Bankruptcy for the Moment, Factory Remains Closed
8 Aug 2011, 15:32 UTC · By: Dragos Serban / It looks like Saab is in clear waters for the moment, but as we are accustomed this might not last for long, as the manufacturer fights off another threat which may drive it into bankruptcy. The car...
Saab to Meet Creditors Who Seek Payment
26 Jul 2011, 12:29 UTC · By: Dragos Serban / It looks that problems never seem to stop when it comes to Saab. We were all keeping our fingers crossed waiting for the Swedish manufacturer’s recovery from its financial difficulties. As you...
Saab to Stall Production Until August 29th
22 Jul 2011, 09:04 UTC · By: Dragos Serban / Saab's tough times aren’t over yet! we would like to hear that the manufacturer’s rough period is over, unfortunately this is not the case. But there is still hope that Saab will o...
Saab to Restart Production on August 9th
8 Jul 2011, 15:22 UTC · By: Dragos Serban / It looks that Saab it’s going trough rough times although it seems that it will restart production on August 9th. Swedish Automobile NV said today that the struggling automaker aims to restar...
Saab 9-4X Awarded Top Safety Pick by IIHS
6 Jul 2011, 05:59 UTC · By: Alina Dumitrache / While struggling to survive, the Swedish auto brand manages to still keep its head high gaining one accolade after another. Following the 9-5 Sedan, which received the same recognition some three we...
Saab Finalizes Financial Deals, New 9-1, 9-6X and 9-7 Coming
4 Jul 2011, 14:11 UTC · By: Mihnea Radu / Saab is an automaker that has been severely hit by financial problems and is on the verge of closing its doors for good. However, the Swedish company is still standing for now and has just announced...
Saab Secures EUR25M Loan, Hopes to Restart Production Within 2 Weeks
30 Jun 2011, 09:24 UTC · By: Alina Dumitrache / It looks like the first sunrays shine again on Saab’s street, as Swedish Automobile - the company who owns the Swedish auto brand - announced today it has entered into a EUR25 million converti...
Staving off the Inevitable: Saab Receives Order for 582 Cars
27 Jun 2011, 13:15 UTC · By: Mihnea Radu / Given the fact that Saabs aren’t exactly cheap, and bankruptcy is looming, you’d have to be crazy to buy one of their cars, right? Wrong. It seems that a Chinese customer has extended a ...