Bank says that Saab needs GM’s approval to raise the funds

Bank says that Saab needs GM’s approval to raise the funds

The deal that would enable Spyker Cars to raise the funds it needs for subsidiary Saab will proceed only with the approval of General Motors Co., which is Saab’s former owner and a... Read more


Report: Saab has sufficient funds to survive until is sold

Report: Saab has sufficient funds to survive until is sold

Reports are saying that Saab has sufficient funds to continue its operations until a new owner comes. Last February, GM, the parent company of Saab, has injected $150 million into the... Read more


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