Tag archive for ‘Saab’

Report: Muller looking to reboot Spyker

Report: Muller looking to reboot Spyker

Filed under: Convertible, Coupe, Performance, Europe, Plants/Manufacturing, Earnings/Financials, Luxury Victor Muller’s on-again, off-again love affair with Spyker seems to be back on track. During the executive’s fling with Saab, Spyker was up for sale to the highest bidder. No one stepped forward to take the exotic Dutch luxury manufacturer off... 

Report: Saab gets new $492M bid from Youngman

Report: Saab gets new $492M bid from Youngman

Filed under: China, Europe, Saab, Earnings/Financials Youngman has made another bid for bankrupt Saab, according to new reports. The Chinese automaker has offered to buy what’s left of Saab for $470 million at current conversion rates. The news comes courtesy of Dagens Industri. The newspaper also indicates that’s the absolute lowest the Swedish... 

Official: Swedish Automobile changes name back to Spyker

Official: Swedish Automobile changes name back to Spyker

Filed under: Saab, Spyker What’s in a name? Just ask the people at Spyker. Back in 2010, the small Dutch producer of exotic GTs bought an ailing Saab from General Motors and proceeded to focus all its energies on keeping it afloat. And as if to reflect that shift in focus, changed its name to Swedish Automobile NV – or SWAN for short. Now that Saab... 

Report: Saab’s assets less than one-third of its debts

Report: Saab’s assets less than one-third of its debts

Filed under: Europe, Hirings/Firings/Layoffs, Plants/Manufacturing, Saab, Luxury The Detroit News reports the sum total of the remaining Saab assets is worth less than a third of the defunct automaker’s debts. All told, the company owes a hefty $1.9 billion at current conversion rates, though its total property value rings in at a comparatively paltry... 

Report: Want to bid for Saab? Get your paperwork in by April 10

Report: Want to bid for Saab? Get your paperwork in by April 10

Filed under: Government/Legal, Saab, Earnings/Financials Interested in purchasing a Saab? Heck, why not just buy the whole company? If you’re in the market, you’ve got until April 10 to put in a bid, and at present, the only rival you have is China’s Youngman. Chances are, according to the administrators in charge of Saab’s liquidation,... 

Hundreds of new Saab models spotted rotting at New Jersey port

Hundreds of new Saab models spotted rotting at New Jersey port

Filed under: Saab One of the postscripts of the travails of Saab Cars North America (SCNA) is this, a couple hundred 9-3 and 9-5 sedans left to the unkindness of coastal winds at a New Jersey port facility. According to the poster at Found Our Own Road, there are 900 cars in this Asphodel Meadows awaiting the resolution of the company’s fate. Last we heard,... 

Report: Saab Museum reopens in Sweden

Report: Saab Museum reopens in Sweden

Filed under: Etc., Europe, Saab Part of the sideshow in the Saab revival circus has been the waning and waxing fate of the Saab Museum Trollhättan, Sweden. The U.S. Heritage Collection was sold to two U.S. collectors earlier this year, while the Swedish museum’s collection was rescued from breakup by three Swedish interests: the city of Trollhättan,... 

Video: Watch and hear Flash Engineering’s awesome new Saab 9-3 touring car

Video: Watch and hear Flash Engineering’s awesome new Saab 9-3 touring car

Filed under: Motorsports, Sedan, Europe, Videos, Saab, Racing The Saab brand may be meeting its demise, but that doesn’t mean that its cars won’t live on for years to come. And we aren’t just talking about its passenger cars, either. Take, for instance, the Saab 9-3 TTA touring car we showed you last week. The racer, constructed by Flash Engineering... 

Official: Saab 9-3 to live on in Swedish Touring Car racing

Official: Saab 9-3 to live on in Swedish Touring Car racing

Filed under: Motorsports, Sedan, Europe, Saab, Racing Saab is dead. Long live Saab? Well, at least in the Swedish Racing Elite League. Says Jan “Flash” Nilsson, driver and Managing Director of Flash Engineering, “I have longed for 40 years to see the fight between Saab and Volvo on the race tracks. It becomes reality this summer and my biggest... 

Report: "Shocked" Brightwell drops Saab bid, blames GM intransigence

Report: "Shocked" Brightwell drops Saab bid, blames GM intransigence

Filed under: China, Europe, GM, Saab, Middle East, Luxury Nearly three months on the Saab story is the same: company makes a bid, General Motors knocks it back. But this time, the latest round of corporate “He said/She said” puts Turkey’s Brightwell Holdings on the other side of the table instead of a Chinese company. Brightwell was the other...