Zhejiang Youngman Lotus cars were thrown from the pool of bidders for Saab decreased after tender offer of $ 492 million for the whole kaboodle. No specific reasons were given for Youngman leave the table, but according to a report in Autoweek.nl, “Chinese bureaucracy” was partly to blame and there apparently was not complete confidence in the finances of Chinese society. Continue reading
The sequel to Frankenstein was written in Swedish, from Saab. The first carmaker apparently the good doctor might teach about life after death, which has earned more good news by winning the opening race of the Swedish Touring Car series. Tido team of 9-3 black racer was on pole and carried that lead until the checkered flag. Linus was driving Ohlsson, whose past triumphs also take third in the series 2011 Porsche Carrera Cup Scandinavia. Continue reading
The Detroit News reports the total amount of assets remaining Saab is worth less than one third of the debts of the deceased’s car. In short, the company a hefty $ 1.9 billion at current conversion rates must, even if the rings total value of property in a paltry $ 532 million Comparatively. The debt includes $ 89 million against former employees, $ 107 million to General Motors and $ 388 million for Sweden itself. With his hands in order to feed and so few dollars to go around, Saab says only those who hold bonds are likely to have paid off their debts. Continue reading
Interested in buying a Saab? Heck, why not buy the whole company? If you’re in the market, you have until April 10 to put in an offer, and currently, the only competitor you have is China Youngman. Continue reading
Part of the revival in the Circus Sideshow Saab decline and waxing in vivid, the fate of the Saab Museum in Trollhattan, Sweden. The American Heritage Collection has been sold to two U.S. collectors earlier this year, while the Swedish museum’s collection was saved by the breaking of three interests: the Swedish town of Trollhättan, Saab AB and the Wallenberg Foundation. Continue reading
Saab is Dead. Viva Can? Continue reading
Volvo is reportedly interesting to get his checkbook in search of a bargain compared to the production of parts at Saab. No, probably not wearing a badge 9-5 Volvo anytime soon, but the equipment that helped build parts for the big sedan could one day be a Volvo factory. Continue reading
Just when we thought that the classic cars owned by Saab were safe from the hammer blows, the tragedy. According to Hemmings, the hero of vehicles Saab Cars North America Heritage Collection will be made in the 10-car lot on Friday, February 10 vehicles, as the beautiful and painfully rare 1956 Type 94 Sonett Super Sport in the picture above will join a number of other models iconic Saab for the package in Stearling Heights, Michigan. According to Hemmings, interested parties may submit their bids before noon on Friday to McTevia & Associates, the firm responsible for managing the company’s creditors Saab here in the U.S.. A 25 percent cash deposit is required. Continue reading