Geely, the Only Buyer for Volvo
31 Aug 2009, 10:38 UTC · By: Bogdan Popa / Unfortunately for Ford, companies are not so attracted by its popular Swedish brand Volvo that is currently up for sale for any interested party. According to a report issued by the Swedish business...
Koenigsegg CEO Promises "Great" Future for Saab
24 Aug 2009, 12:59 UTC · By: Bogdan Popa / Koenigsegg is the new owner of the Swedish carmaker Saab, who struggled to cope with the recession and stay in business without too many cost-cutting measures. Most of us are curious to find out wha...
Saab Exists Bankruptcy, Continues Marriage with Koenigsegg
20 Aug 2009, 14:25 UTC · By: Bogdan Popa / Swedish group Saab's bankruptcy protection finally came to an end today as the company decided it would be better not to ask for an extension in court and continue restructuring with the help o...
Key Stakeholder Sells 22 Percent in Koenigsegg
11 Aug 2009, 09:22 UTC · By: Alexandru Radu Chis / Earlier this week we informed you that Koenigsegg investors might pull out from the business due to the company's plan to take over fellow Swedish car manufacturer Saab. The decision might have...
Saab Deal at Risk Due to Koenigsegg Investors Pulling Out
10 Aug 2009, 10:15 UTC · By: Bogdan Popa / The Koenigsegg - Saab deal is now at risk due to some rumors that investors who backed the Swedish sports car manufacturer might intend to pull out of negotiations. Nobody knows exactly why but it a...
More Chinese Parties Looking at Volvo
7 Aug 2009, 10:52 UTC · By: Bogdan Popa / After the battle for Opel came down to only two companies, RHJ and Magna International, Volvo turned into the most attractive target for many automakers out there who want to purchase the ailing Swe...
Geely Would Allow Ford to Keep a Volvo Stake
6 Aug 2009, 13:34 UTC · By: Bogdan Popa / Chinese manufacturer Geely continues the fight for Volvo, this time with a slightly different takeover proposal. The company plans to take control of the majority stake in Volvo together with a Swed...
BAIC Keeps an Eye on Volvo
31 Jul 2009, 13:28 UTC · By: Bogdan Popa / BAIC, who has been most recently linked with an Opel takeover proposal, is now interested in purchasing the Swedish ailing manufacturer Volvo. The Chinese manufacturer has already announced it is lo...
Geely Receives Beijing's Blessing to Buy Volvo
30 Jul 2009, 08:53 UTC · By: Bogdan Popa / Geely is making small and steady steps towards the final bid for Volvo as it appears the Chinese manufacturer has became the favorite bidder for the Swedish brand. After a report rolled out in mid-J...
Volvo Engineers Union: Geely Will Do No Good
22 Jul 2009, 14:23 UTC · By: Bogdan Popa / Even if Geely tries its best to purchase Volvo, it might seem that taking over the Swedish brand is much more difficult than initially believed. Not only because Geely struggles to comply with gover...
Saab: We'll Use the Money to Boost Production
30 Jun 2009, 16:21 UTC · By: Daniel Patrascu / Still operating under the Swedish equivalent of Chapter 11, Swedish manufacturer Saab hopes to secure bridge financing from the government, which in turn would help the carmaker boost production. Wh...
Almost Official: Geely Buys Volvo
17 Jun 2009, 14:18 UTC · By: Bogdan Popa / After months of uncertainty, Volvo is close to finding its new owner. Fortunately, or unfortunately depending on your point of view on the matter, the Swedish manufacturer, often regarded as one of ...
Koenigsegg Could Save Saab, Says Co-Owner
15 Jun 2009, 08:25 UTC · By: Bogdan Popa / With some sources claiming Koenigsegg has already sealed the deal with General Motors to take over Saab, the Swedish luxury sports carmaker is confident that it could save Saab and bring it back to ...
Saab: BAIC Taking a Sneak Peek?
10 Jun 2009, 10:52 UTC · By: Bogdan Popa / BAIC is again making the headlines and once again, it is linked with an acquisition of a General Motors Europe unit. After failing to convince the German government to hand over Opel's majority...
Saab Buyer to Be Announced This Week
10 Jun 2009, 08:38 UTC · By: Bogdan Popa / Here we go again: General Motors is apparently planning to announce the new Saab owner as soon as this week, a report by the Financial Times states, confirming that the battle for the Swedish manufa...
Saab Has Enough Money until Prince Charming Arrives
5 Jun 2009, 07:43 UTC · By: Bogdan Popa / Saab is getting more desperate with every day, as the company screams for help and waits for an outside investor that could keep it in business. But even so, a Saab spokesman said the Swedish automa...
Belgium to Help Volvo Stay on Its Feet
28 May 2009, 10:15 UTC · By: Bogdan Popa / While Volvo is still encountering difficulties when trying to receive financial support in its native country, the car manufacturer is about to snatch around 300 million euros ($418 million) in Belg...
Saab Confirms It Has Picked Out 3 Investors
20 May 2009, 07:05 UTC · By: Bogdan Popa / And the story continues... It seems like those involved in Saab's future are really planning to make the whole selling process one of the longest soap operas of this era, with lots of reports, ...
Volvo - Stepping Beyond Safety Marketing
6 Mar 2009, 17:34 UTC · By: Bogdan Popa / What's the first thing that comes in your mind when hearing about Volvo? 99 percent of people would answer "safety". And yes, Volvo is indeed famous for the advanced safety its models...
Swedish Harbor Packed with Unsold Cars
5 Mar 2009, 15:56 UTC · By: Madalina Iancu / Apparently, the land is not enough for Toyota's unsold vehicles in Sweden... Because parking lots are packed with unsold cars at the Swedish Port of Malmoe, the Japanese car maker had to rent a...