2010 Saab 9-5 passes factory crash test
If you're in the market for a new vehicle and safety is a primary concern, you might want to check out the redesigned 2010 Saab 9-5 that will be relaunched under the ownership of Spyker... Read more
Saab is in talks with serious partners about exchanging technologies
Talks are ongoing between Saab and the possible partners with regards to exchanging technologies as it attempts to return to profit by 2012, according to head of Spyker Cars, Victor... Read more
GM could sign a deal to sell Saab to Spyker today
Press reports say that General Motors Co. is expected to sign a deal to sell Saab to Spyker Cars NV on Monday or early next week. Dutch luxury sports car maker Spyker has reportedly... Read more
Saab dealers confused about company’s fate
General Motors Co. is actively negotiating the sale of Saab, its Swedish premium brand, but Saab dealers in the US say that they have merely served as uninformed bystanders. Chris... Read more
Production at Saab’s Trollattan plant in Sweden has resumed
After a seven-week break, production at Saab's iconic Trollattan plant in Sweden has resumed. It is notable that the first car to roll off the line was an all-new 9-5 sedan, which will... Read more
Saab won EU regulatory approval for a state guarantee of a EUR400 million loan
Saab received a state guarantee of a 400 million euros ($546 million) European Investment Bank loan, which is said to be the key to its sale to Spyker Cars. The EU regulatory approval... Read more
Spyker planning to make Saab profitable by 2012
Spyker Cars has many hurdles ahead of it before it achieves its target of returning Saab to profit by 2012. The first task on hand is to get financing for it's the acquisition. If you... Read more
Saab deal outcome will be clear very soon, says Spyker CEO
One of the hottest subject in the automotive industry is who will buy Saab, if GM decicides to abort the wind-down, of course. According to the latest reports, it appears that Spyker Cars... Read more
GM may still be able to find a buyer for Hummer
The sale of Hummer to Sichuan Tengzhong had failed to prosper but reports are now saying that General Motors Co. is eyeing two separate offers for the brand. According to the Wall Street... Read more
Spyker has chosen GMAC Financial Services as the preferred lender
GMAC Financial Services has been chosen as the preferred lender by Spyker Cars N.V. for the 500 Saab dealers in North America and globally. These dealers were acquired through Spyker's... Read more
Spyker completes Saab payment
Instead of external debt, internal funding was used by Spyker Cars to pay General Motors the final $24 million purchase price for Sweden's Saab, dissipating any worries on how this bill... 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
Latest Auto Shows
