Final bids for Saab will be submitted until April 10
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
Youngman and Brightwell Holdings race to buy Saab
China Youngman and Turkey’s Brightwell Holdings have come out to be the main players in the race to acquire Saab Automobile, with Brightwell seen to have the edge. Youngman is currently... Read more
GM continues to oppose Saab sale to Chinese investors
Even with the revisions cited in the past few days for the sale of Saab to investors in China, General Motors still opposes the deal. In a statement last Tuesday, GM said that it has... Read more
GM continues to oppose a rescue deal to sell Saab
General Motors Co. continues to resist a rescue deal to sell Saab to Chinese vehicle firms Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co., according to the report... Read more
Swedish Automobile will liquidate even if it sells Saab to Youngman and Pang Da
It’s possible that Swedish Automobile NV, which owns Saab Automobile, would still liquidate even if it successfully sells the brand to Chinese investors since the proceeds may not be... Read more
Swedish Automobile struggles to save Saab deal as GM rejects Chinese buyout
Swedish Automobile, the owner of Saab, is doing what it could to save a rescue deal after General Motors Co. said that it will stop supplying components and technology if two Chinese... Read more
GM might block Saab sale to China’s Pang Da and Youngman
General Motors Co., the former owner of Saab, believes that it would be hard to support a Saab sale if it will harm its current tie-ups in China or its competitiveness in other markets.... Read more
Chinese investors wanted to buy Saab, but Muller says the offer was turned down
According to chief executive of Swedish Automobile, Victor Muller, it appears that a takeover offer for Saab from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile... Read more
Official: GM finalized the deal for Spyker to purchase Saab
It's official! General Motors announced today that the Saab sale to Spyker Cars NV was finalized! According to the manufacturer, Saab and Spyker will operate under the Spyker (AMS:SPYKR)... Read more
6 serious investors interested in Saab
No less than 27 parties were officially confirmed yesterday as being interested in taking over Saab, but it seems that only 6 of them are being taken seriously as potential buyers. As a... Read more
Saab sale to be completed in August
Before the month ends, a binding agreement will have been reached selling Saab to the Koenigsegg Group, according to sources in Sweden. After exiting bankruptcy, GM can now finalize the... Read more
GM in talks with BAIC about a partial sale of assets tied to Saab
Despite indications that General Motors Co. is open to a partial sale of assets to China's Beijing Automotive Industry Holding Corp., Saab is hopeful that a buyer will be named for the... Read more
Saab sale to be reached in the summer of this year
Last month there were 27 in the list of potential buyers, but the Swedish automaker Saab says that it has narrowed that down to two or three and expects the sale to be reached in the... Read more
Report: GM and Spyker make progress on Saab deal
Negotiations in Stockholm last Friday may have gone smoothly as General Motors Co. is now reportedly inching towards a revived deal to sell the Saab brand to Spyker Cars NV, according to... Read more
General Motors still hopes to sell Saab
In a recent interview, a Swedish government official said that GM still has great hopes that it will sell the Saab brand. "I talked to GM last night and my impression is that they have... Read more
Official: Spyker has agreed to buy Saab from General Motors
GM announced that it reached an agreement to sell Saab to Spyker! Unfortunately, the manufacturer did not announce the price for Saab, but Bloomberg News said that Spyker will pay $74... Read more
Report: Spyker still in talks to buy Saab from General Motors
Spyker Cars remains optimistic and said last Monday that it was still in talks to buy Saab from General Motors Co.; however, no word has been given on when the deal would be entered. Even... Read more
Koenigsegg to buy Saab from General Motors in October
Swedish luxury sports car maker Koenigsegg is aiming to finalize a deal to purchase Saab from General Motors Co. and it intends to do just that by the end of October. Christian von... Read more
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