13 Apr
The uncertainty over the SAAB still lies as the possibility of a new buyer for the company can’t be totally rediculed. Buyers are still in the Swedish company, but there is a catch, hefty debts. Company has liabilities of $1.9 billion in market while valuation of its total assets fits around $532 million. The debt [...]
29 Dec
And if you are a Saab owner in USA and you think you are the worst victim of Saab’s bankruptcy, (as they have killed warranties), read ahead. The showrooms are in more trouble, as most of them are due employee payments, and are facing liquidation of existing stocks. Dealers, who are now not entitled to [...]
20 Dec
And finally the time arrives. The Saab has finally for bankruptcy protection in a Swedish district court. Saab CEO Victor Muller filed for the bankruptcy, few hours before the judge was about to announce the rule on the company’s reorganization. Company has struggled with finance for the whole year, and its factories are closed since [...]
28 Nov
You know the story, and if not, see this – GM’s Holiday Offer for Spyker – You Can Sell Saab *without 9-4X and *without Tech. Probably GM failed to think about this result, and why we should say failed, GM is facing unexpected reaction. Now in a new kind of protest for automotive world, Saab [...]
24 Nov
When they get over from one problem, another awaits them. This is for Saab. When they somehow managed to sell self to China auto trader and maker, it proved first ray of hope for Saab to survive in future. But GM who sold Saab to Spyker during its bad days, soon raised the concerns. And [...]
21 Nov
Saab’s episode is not yet over. This Swedish automaker is reported to be in talks with Chinese investor Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co.. The news coming out of the board room is that the creditor meet has been delayed, which was previously scheduled on November, 22. Reason for [...]
6 Nov
Troubles for Saab doesn’t seem ending. One after another, automaker is struggling. The latest one is the GM who has issues with the Saab deal. With the Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co. buying Saab, the GM is not pleased with it. Saab’s current product lineup is majorly [...]
1 Nov
Financially troubled automaker Saab is now back again in business of cars (from business of managing funds). This is very evident from the sketches of new 9-3. Recent buyout by Chinese automakers has filled all Saab concerned people with hope. These two images are sketches Saab used in a presentation before Swedish National Debt Office. [...]
30 Oct
The time has arrived for the Swedish Automotive to sell Saab. Saab was struggling with financials since one year, and Swedish Automotive’s this deal brings an end to all its problems, though not of Saab. The new owners of Saab are two chinese companies Pangda and Youngman. The deal is close to $125 million. Saab [...]
14 Sep
Checkout Images and HD-Wallpapers for 2011 Saab 9-3 SportCombi Aero Griffin
25 Aug
Saab Automobile informs what was expected and what its workers feared – delay of payments. August wages of Saab Automobile employees are at risk of delay. Not too long when troubled automaker said of delaying payments of white collar employees. Atleast 37,00 employees will be affected if delay arrives, for the third consecutive months. Last month, Saab [...]
