Turkish equity Brightwell Holdings interest in Saab has gone into overdrive following the news of possible takeover bid to be announced by the company shortly. According to latest reports, Brightwell Holdings is expected to submit its bid by the end of this week following detailed overview of compan…
It seems that Saab Automobile production days are over following the latest from Sweden where Saab Museum collection is said to be going under the hummer after the company filed for Bankruptcy late last year. Whilst some remain unconvinced about Saab possible recovery, recently emerged news about po…
Recent Bankruptcy submission by Saab Automobile may not be the last straw for the Swedish Automaker following rumoured attempts to secure its bid towards some form of ownership transition by Indian automotive heavyweight Mahindra & Mahindra that according to latest reports is seeking to meet wit…
Well almost... After Saab recent announcement of new car warranty suspension following earlier bankruptcy submission, GM has come to the rescue with confirmation it will cover any outstanding warranties on vehicles sold in the US and Canada under its management of Saab during GM's ownership period. …
Following recent bankruptcy submission troubled Saab will no longer be able to provide new car warranties in the US whilst existing owners will see their warranties voided according to recent press release claiming that "Warranties have been indefinitely suspended for new sales and claims stopped fo…
Although GM has sold its Swedish subordinate SAAB, GM is unconvinced about the latest takeover bid by Chinese firm Pang Da and Youngman amidst unconfirmed concerns most probably associated with GM's controlling rights on future technology distribution in which GM's still has limited control. Based o…
At least for now, troubled Saab Automobile has lost control of its museum following intervention from Swedish Enforcement Agency that recently seized the control of the Museum admits Saab ongoing problems with creditors and ongoing inability to pay its suppliers within specified period. No one is en…
Saab is in the process of securing 160M dollar loan from Europe's banking institution as part of its short term strategy towards full recovery that will be used to cover existing shortfall in wages following yet another wage delay last August. This follows another recent report that suggested Saab's…
Adding to Saab's survival roller-coaster ride, and if latest reports are anything to go by, struggling Saab is likely to file for bankruptcy protection in coming week's amidst resent reports of probable inability to secure additional funds in time. This follows recent announcements of new models, sh…
According to latest reports, Saab is considering to drop long standing "9" and come up with entirely new name for its next generation line-up. As recently stated by president of Saab Cars North America, Tim Collebeck, "there is a chance we might move away from that" suggesting that future name chang…
Recent reports of wage delays for Saab employees suggest Saab continues to struggle with its recovery following delays in funds transfers from secured future investments. Saab is currently engaged in attracting additional funding to cover its immediate expenses to ensure its can maintain its recover…
