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Saab News: Woes continue with bankruptcy protection move

Saab News: Woes continue with bankruptcy protection move

By: Gary Johnson | Posted: September 7, 2011
Filed under: Autos

Swedish car maker Saab halted production of its vehicles back in June because of cash flow problems. Now today we have some more Saab news as its woes continue with bankruptcy protection move. The company filed for protection from creditors…

Saab Unveils Android Infotainment System at Geneva

Saab Unveils Android Infotainment System at Geneva

By: Chris Maugham | Posted: March 2, 2011
Filed under: Android Apps, Autos

Saab have never been regarded as producing cars that drivers would dream of having but their extensive experience in car manufacture has led to them being renowned for turbocharging, safety, environmental consideration and more importantly significant advancements in ergonomics. Today…

Saab Loan Guarantee: EU will review as soon as possible

Saab Loan Guarantee: EU will review as soon as possible

By: Peter Chubb | Posted: January 27, 2010
Filed under: Autos

Before Spyker can go ahead and purchase troubled Saab from General Motors, European Union regulators will need to have a close look at the deal. If they are happy with what they see, then Swedish authorities will be guarantee €400…

Saab Buyout: Spyker secures for $400m

Saab Buyout: Spyker secures for $400m

By: Alan Ng | Posted: January 27, 2010
Filed under: Autos

It was a deal that had been in the process for some time, but a deal has finally been reached in which Dutch company Spyker secured the buyout of Sweden’s Saab Automobiles.

GM and Saab News: Talks continue

GM and Saab News: Talks continue

By: Peter Chubb | Posted: January 4, 2010
Filed under: Autos

General Motors (GM) will not be liked by Saab staff, as the U.S. automaker are still going ahead with the shut down. However, they have said that they will still continue to listen to takeover bids for the troubled Swedish…

General Motors sale of Saab: GM’s two potential bidders

General Motors sale of Saab: GM’s two potential bidders

By: Peter Chubb | Posted: June 4, 2009
Filed under: Autos

General Motors have to streamline its business, which has been made all the more important after the company filed for chapter 11-bankruptcy protection on Monday. As we know GM have been trying to offload Saab, at one time there were…

Saab Bankrupt: News of bankruptcy filing

Saab Bankrupt: News of bankruptcy filing

By: Alan Ng | Posted: February 20, 2009
Filed under: Autos

The Swedish car maker Saab has announced that it filed for Bankruptcy on Friday morning after it was axed by American company General Motors as part of it’s restructuring plan.