Dealers urge Saab to meet demands or face liquidation
Saab's U.S. dealers threatened to file for a Chapter 7 involuntary bankruptcy petition against Saab Cars North America if the carmaker fails to make them preferential creditors. The... Read more
Bernard Ecclestone confirms plans to bid for Saab
Formula One Chief Executive Officer Bernard Ecclestone has partnered with Genii Capital, a Luxembourg-based private-equity firm, to make a bid for Saab Automobile. In a telephone... Read more
Koenigsegg presents its new Saab financing plan
The Swedish government is currently mulling a proposal by the Koenigsegg Group AB relating a new plan to finance its purchase of Saab Automobile. Koenigsegg Group is a consortium of... Read more
SAIC considers taking a stake in Saab
Although the size of the investment has not been decided, it is being speculated that SAIC Motor group, China's largest car manufacturer, will take a stake in Saab Automobile in... Read more
Breaking News: Koenigsegg drops plans to buy Saab
This new just dropped in! It appears that Koenigsegg, the well-known Swedish car manufacturer, is stopping the deal buy Saab Automobile from General Motors. "We're obviously very... Read more
Spyker planning to build a modern version of the 1950s Saab model
Talks are ongoing between Spyker Cars NV, Saab Automobile's owner, with other carmakers about a plan to share technology and a platform for a new car based on a 1950s Saab model,... Read more
Report: Saab turned a profit of $531 million in 2009
According to Saab Automobile's annual report in 2009, it had a profit of 3.9 billion kronor ($531 million), which it attributes to deals with its creditors and a deal to sell equipment to... Read more
Saab boss may be Volvo’s next CEO
Sources say that Jan Ake Jonsson, chief executive officer of Saab Automobile, is being eyed for the top job at Volvo Cars, according to Swedish daily Dagens Industri. Jonsson is... Read more
Saab hires ex-Ferrari designer Castriota to compete with Bmw and Audi
As part of Saab Automobile's efforts to compete with BMW and Audi, it has appointed Jason Castriota to head its design team. Castriota is a US designer who is famous for having developed... Read more
Latest Auto Shows
