Saab News

According to the latest media reports, it appears that three formers executives of Saab were arrested due to fraud charges. Swedish prosecutor Olof Sahlgren said that the executives are... Read more about Three former executives of Saab arrested on accounting fraud charges

If Saab didn’t collapse, it would have already built a coupé version of the defunct 2012 9-3, according to Autocar. Meant to compete with the Audi A5, this vehicle would have been based... Read more about Saab Sonett 9-3 Coupe, the car that was never built

The City of Qingdao in China’s Shandong-province has become a partner of NEVS after making an initial investment of SEK 2 billion and acquiring a 22% share of NEVS through a directed... Read more about Qingdao will become a key hub for Saab China

Production of the Saab 9-3 will resume later this year while an electric version will follow in 2014, according to National Electric Vehicles Sweden, the owner of the Saab brand. However,... Read more about Saab 9-3 production will resume later this year

Saab Automobile Parts AB, a unit of bankrupt automaker Saab, will now be owned by the Swedish National Debt Office. In a statement last Wednesday, Bo Lundgren, chief of the National Debt... Read more about Swedish National Debt Office is the new owner of Saab parts unit

It’s possible that Saab’s 9-3 may be relaunched as early as 2013. National Electric Vehicle Sweden (NEVS), the Chinese/Japanese consortium that took over Saab earlier this year, also... Read more about New Saab 9-3 may be relaunched as early as 2013

National Electric Vehicle Sweden (NEVS), the new owner of Saab, is under a lot of pressure for the brand to be revived. One plan to achieve this is the production of a 9-3 convertible... Read more about Saab planning an electric version of the 9-3 Convertible

The plan of the new owners of Saab is to have their first model launched in 2014. These cars will still be named Saabs but they won’t carry the brand's famous griffin logo. After months... Read more about New Saab owners will launch their first model in 2014, without the famous griffin logo

National Electric Vehicle Sweden (NEVS), the new owner of Saab, wants to find a way to get the right to use the Saab name and badge as soon as possible. Earlier this month, the Chinese... Read more about NEVS looking for way to use the Saab name and badge

Saab will specialize in producing electric vehicles, according to the Japanese-Chinese conglomerate that purchased the automaker out of receivership. The newly created National Electric... Read more about Saab will specialize in producing electric vehicles

An investment group comprised of Japanese and Chinese companies has reached an agreement to acquire Saab Automobile, a source privy with the matter told Bloomberg News. The group is led... Read more about Sino-Japanese investment group inks deal to buy Saab

Although Saab is not producing vehicles anymore, it continues to serve its 1.5 million customers worldwide. In fact, Saab Automobile Parts AB, the company's parts and service arm,... Read more about Saab expands auto parts service to North America

It appears that the Saab sales story just ended as a Chinese-controlled consortium finally completed a deal to buy the bankrupt Swedish carmaker. National Electric Vehicle Sweden (NEVS)... Read more about Report: National Electric Vehicle Sweden acquires Saab

When Chinese companies really want to buy something they struggle to do it! It’s the case of China’s Zhejiang Youngman Lotus Automobile who placed a new bid to buy bankrupt Saab,... Read more about Youngman still interested in Saab, makes new bid

Saab received a bid from a group led by a Chinese energy company and a Japanese venture-capital firm, according to a spokesman for the investing group. These two major parties are Sun... Read more about China-Japan investor group placed a bid for Saab

China-based Beijing Auto will begin selling its first vehicle model based on the former Saab 9-5 platform in the fourth quarter in 2012. The automobile is based on the old Saab 9-5... Read more about Beijing Auto to start selling first model based on Saab platform in 4Q 2012

The bids for Saab are currently being evaluated by its bankruptcy administrators. A decision will come before summer arrives. The administrators declined to reveal the identities of the... Read more about Saab bids are currently evaluated by bankruptcy administrators

Companies that want to register their final bids for Saab have until April 10. So far, Chinese automaker Youngman is the lone company to publicly register its interest to buy the estate... Read more about Final bids for Saab will be submitted until April 10

The 900 dealerships of Saab throughout the world are working to reinvent themselves as they’re forced to do so due to the automaker’s bankruptcy. Tom Backes, the general manager at... Read more about Saab dealers rushing to reinvent themselves

Saab Cars North America held a meeting Monday with around 25 dealers to discuss the creation of a parts distribution company and the disposal of approximately 2,200 new vehicles left in... Read more about Dealers press General Motors to honor Saab warranties beyond 2009

Sources told Swedish public radio that a new bid for Saab was made by Chinese group Zhejiang Youngman Lotus Automobile. According to the public broadcaster last Thursday, Youngman is... Read more about Youngman Lotus Automobile has made a new bid for Saab

Saab dealers will have a meeting on February 6 in Las Vegas at the National Automobile Dealers Association convention for what would probably be their last make meeting. Tim Colbeck, the... Read more about Saab dealers will meet at NADA convention, probably for the last time

A group composed of 41 Saab U.S. dealers wants Saab Cars North America to be placed into Chapter 11 bankruptcy protection. The involuntary Chapter 11 petition is now pending in the U.S.... Read more about Group of U.S. dealers wants Saab placed into Chapter 11 bankruptcy protection

Sweden is now the biggest creditor of Saab after the country’s Debt Office paid back a loan granted by the European Investment Bank (EIB) to the bankrupt company. The Debt Office was the... Read more about Sweden repays Saab loan granted by the European Investment Bank

Talks with several potential bidders on the sale of Saab are ongoing, according to its receivers. However, no formal bids have been made yet. Reuters cited a source who said that it’s... Read more about Saab is still attracting buyers despite its financial problems