GM Proceeds with Saab Closure
7 Jan 2010, 13:21 UTC · By: Bogdan Popa / We're only a few hours away from the final verdict on Saab and people close to the matter have already started commenting on the subject. The first to express his opinion is GM's CEO Ed Wh...
Sweden to Meet GM, Ford Next Week
6 Jan 2010, 11:28 UTC · By: Bogdan Popa / Saab's future is still uncertain but Swedish officials are looking into ways to put things straight so they will travel to Detroit next week to meet GM officials and discuss the matter. Further...
Save Saab Campaign: New Video Emerges
29 Dec 2009, 09:12 UTC · By: Bogdan Popa / We are days away from a final decision on Saab's future, but sources close to the matter are already hinting that General Motors is going to wind down the business. Unfortunately, killing this ...
Saab Still on the Verge of Collapse
28 Dec 2009, 07:44 UTC · By: Bogdan Popa / Although rumors were hinting that Saab might still live on - through an acquisition by Spyker - it seems the Swedish unit is getting close to the official closure, as the possibility to seal a deal ...
Sweden to Help Saab's Abandoned Workers
22 Dec 2009, 09:19 UTC · By: Bogdan Popa / Even though the Swedish government repeatedly said it does not intend to get involved in the Saab business and keep the company alive by providing the necessary funding, it appears the local officia...
GM Not Planning to Sell Saab 9-5, 9-4X
21 Dec 2009, 11:41 UTC · By: Bogdan Popa / Even if GM wants to kill Saab, the company has no intentions to sell the remaining assets belonging to the Swedish unit, including the new 9-5 or the 9-4X. John Smith, GM vice president of corporate...
Sweden Has No Intention to Save Saab
21 Dec 2009, 09:17 UTC · By: Bogdan Popa / Although Spyker has already confirmed that it recently submitted a revised bid for taking over Saab, the Swedish unit is still at risk as General Motors is now taking the necessary steps to wind dow...
Saab: 1946 - 2009
18 Dec 2009, 14:40 UTC · By: Bogdan Popa / After months of fighting for survival, Saab has finally passed away. Its father, General Motors, decided today to shut down the brand after failing to reach an agreement with the interested parties....
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...
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. ...
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 ...
Volvo - Geely Sale Talks Move to Sweden
18 Nov 2009, 08:24 UTC · By: Bogdan Popa / Talks between Ford and Geely are making progress so Chinese manufacturer's officials traveled to Sweden this week to discuss the terms of the deal. The Chinese group will meet in Gothenburg and...
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 ...
No Progress in Volvo - Geely Talks
1 Oct 2009, 12:47 UTC · By: Bogdan Popa / Geely is still in play to take over the Swedish unit Volvo but parent company Ford said the two sides haven't made progress in the talks. Ford's CEO Allan Mulally said at the opening of th...
Geely - Volvo Talks Come to a Halt
28 Sep 2009, 13:50 UTC · By: Bogdan Popa / Even if it plans to complete the Volvo takeover by December, Geely and the Swedish brand are making no progress in the talks as the two companies are still negotiating the terms of the acquisition. ...
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...
Geely Continues Volvo Takeover Fight
25 Sep 2009, 11:41 UTC · By: Bogdan Popa / Chinese carmaker Geely continues the race for Volvo, with some voices claiming the company is favorite to take over the Swedish unit. Several sources close to the matter told the Wall Street Journal...
Volvo CEO Denies Geely Interest. Or Not
16 Sep 2009, 10:37 UTC · By: Daniel Patrascu / Swedish manufacturer Volvo, through he voice of its CEO, Stephen Odell has denied in Frankfurt that neither them, nor owner Ford, have "substantiated" Geely's interest in buying Volvo...
Geely Wants Full Control of Volvo
9 Sep 2009, 08:44 UTC · By: Bogdan Popa / Chinese carmaker Geely is eyeing full control of Volvo and not only a minor stake, a company official said confirming reports that Geely Holding Group is looking to purchase the Swedish brand. Howev...