Sweden and Saab Form Joint Venture for Building Transmissions
23 Dec 2010, 08:28 UTC · By: Bogdan Popa / Saab continues its restructuring process, this time with a more significant step backed by the Swedish government. Saab Automobile and state-backed venture capital investor Fouriertransform will joi...
Scania to Build a Wind Tunnel at Its R&D Centre in Sweden
31 Aug 2010, 12:10 UTC · By: Alina Dumitrache / Commercial vehicle manufacturer Scania announced today it plans building a wind tunnel at its research and development centre in Södertälje, Sweden. The wind tunnel will be used for testin...
Volvo's Crash-Test Laboratory in Torslanda Turns 10 This Year
6 May 2010, 09:20 UTC · By: Dan Mihalascu / On March 29 2000 Volvo Cars inaugurated a new crash test laboratory in Torslanda, Sweden. One of the most advanced facilities of its kind at the time of the launch, the lab had a busy time during it...
Saab CEO Reveals GM Forced Them to Pay for BLS Development
16 Apr 2010, 10:19 UTC · By: Dan Mihalascu / The fact that the Cadillac’s European special model, the BLS, didn’t enjoy much success on the old continent is well-known among the car enthusiasts out there reading this article. Less-...
Rock Group Europe to Provide Volvo Soundtrack
4 Mar 2010, 15:11 UTC · By: Alex Vasile / As Volvo is about to release its newest model, the S60, the marketing department needed a soundtrack for all the car’s videos. And apparently, the music of the rock group Europe fits just perf...
European Commission Approves Saab Loan Guarantee
9 Feb 2010, 09:00 UTC · By: Bogdan Popa / The European Commission finally approved the Swedish state loan guarantees for Saab, which basically means that Spyker, the new owner of the Swedish brand, can now continue work on the restructuring...
Geely to Take Control of All Volvo Technologies
2 Feb 2010, 10:38 UTC · By: Bogdan Popa / Geely will take control of a 100 percent stake in Volvo, despite reports that Ford wanted to keep some technologies developed by the Swedish unit. Citing a Geely top executive, gasgoo.com reported t...
EU to Review Saab Loan Guarantee ASAP
28 Jan 2010, 08:57 UTC · By: Bogdan Popa / Now that General Motors finally agreed to sell Saab to Spyker, the Swedish authorities must decide on the amount of money to be used for backing the deal. Sources are claiming that Sweden wants to o...
GM Sells Saab to Spyker
27 Jan 2010, 07:44 UTC · By: Bogdan Popa / After months of negotiations, General Motors finally confirmed that it will sell Saab to Spyker but refused to disclose any terms of the deal. The two companies signed a binding agreement which will...
Volvo Sold to Geely by February 8
26 Jan 2010, 09:32 UTC · By: Bogdan Popa / Just like its Swedish neighbor Saab, Volvo is currently involved in a complicated selling process that has until now reached several critical milestones. A new one is to be achieved on February 8, i...
No Swedish Money for Saab. Yet.
26 Jan 2010, 09:07 UTC · By: Bogdan Popa / Although Saab is on the verge of a permanent collapse, the Swedish government sticks to its initial plan to stay away from the automaker, no matter if we're talking about financial support or t...
GM CEO Confirms: Saab's Closure Continues
26 Jan 2010, 08:22 UTC · By: Bogdan Popa / The recently-appointed "permanent" GM CEO Edward Whitacre said Saab's situation is still uncertain so the US-based manufacturer will continue winding down the brand. Whitacre confirme...
GM to Sell Saab to Spyker This Week?
25 Jan 2010, 08:57 UTC · By: Bogdan Popa / Although General Motors is in the process of winding down Saab, negotiations for the sale of the Swedish brand continue and, according to the latest rumors on the matter, Spyker is favorite to buy i...
Spyker in Exclusive Talks with GM, Saab Decision to Come Soon
22 Jan 2010, 08:56 UTC · By: Bogdan Popa / The battle for Saab continues but, judging by the latest rumors on the matter, Spyker managed to set itself apart from the rest of the contenders and is now in pole-position to purchase the Swedish ...
Automotive Players Unite: Let's Save Saab!
15 Jan 2010, 09:59 UTC · By: Bogdan Popa / Although General Motors is playing hard to get when it comes to Saab, it seems like the entire automotive world is joining forces against the US-based manufacturer for an unique purpose: save the Sw...
Genii Capital Submits New Bid for Saab
14 Jan 2010, 08:56 UTC · By: Bogdan Popa / Genii Capital, one of the bidders involved in the Saab case, confirmed on Wednesday that it has submitted an improved bid for GM's Swedish unit Saab, emphasizing that it has what it needs - fin...
Spyker to Buy Saab in Days or Give Up
13 Jan 2010, 09:24 UTC · By: Bogdan Popa / The talks between Spyker and Saab have apparently reached the boiling point and the Dutch carmaker isn't willing to wait for a GM decision anymore. Spyker CEO Victor Muller said in a statement ...
GM Doesn't Like Saab Offers, Continues Saab's Closing Down
12 Jan 2010, 10:02 UTC · By: Bogdan Popa / GM's attitude is somewhat uncanny in the Saab saga, especially if we're taking into account the fact that the US-based manufacturer received several bids for the Swedish unit. At the 2010 ...
Avalanche of Criticism Following GM's Saab Winding Down Decision
11 Jan 2010, 09:23 UTC · By: Bogdan Popa / General Motors announced a few days ago its decision to start winding down Saab, despite the bids it has received in the last few weeks. Furthermore, it announced the appointment of AlixPartners to ...
Confirmed: GM Closes Saab, Leaves Little Room for Hope
9 Jan 2010, 10:50 UTC · By: Bogdan Popa / General Motors recently confirmed that it will start winding down Saab and revealed the name of the company that will supervise the entire process. AlixPartners will be in charge of Saab’s clo...