Saab could be far from dead, but it is not stopping auto manufacturers that were once involved with the Swedish brand groped to recover the losses. According to a report by Fox Business, BMW filed a suit 2.6 million euros ($ 3.2 million USD) with a district court in Swedish Saab Automobile Parts for deliveries that went unpaid. Continue reading
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
Victor Muller’s on-again, off-again romance with Spyker seems to be back on track. During the executive fling with Saab, Spyker was sold to the highest bidder. No one came forward to take the Dutch manufacturer of exotic luxury out of the hands of Muller, who has apparently turned out to be a blessing in disguise. Now that Saab has collapsed into bankruptcy, Muller has changed the name Spyker Cars Sweden, once again. With the aim of managing an international car in all but faded, Muller should return his attention to building the Spyker. 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