Dec
18th
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General Motors will shut down Saab after the automaker wasn't able to conclude a deal to sell the brand to Spyker Cars, GM said on Friday. Full story...
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Dec
18th
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Saab will be closed down, its parent General Motors Co. announced today after concluding that a sale of the Swedish brand to Dutch niche car maker Spyker Cars NV could not be completed quickly enough. Full story...
Dec
18th
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Saab and its 218 U.S. franchises will close down, parent General Motors Co. said today, marking the third sale of a GM brand to be canceled this year. Full story...
Dec
18th
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Saab and its 218 U.S. franchises will close down, parent General Motors Co. said today, marking the third sale of a GM brand to be canceled this year. Full story...
Dec
18th
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Saab will be closed down, its parent General Motors Co. announced today after concluding that a sale of the Swedish brand to Dutch niche car maker Spyker Cars NV could not be completed quickly enough. Full story...
Dec
18th
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Beijing Auto said on Friday it will immediately start integrating its newly acquired technology from GM's Saab unit into its vehicles. China's fifth-largest automaker plans to start production of its Saab-based own brand of cars as soon as 2011. Full story...
Dec
18th
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Beijing Auto said on Friday it will immediately start integrating its newly acquired technology from GM's Saab unit into its vehicles. China's fifth-largest automaker plans to start production of its Saab-based own brand of cars as soon as 2011. Full story...
Dec
18th
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Beijing Auto said on Friday it will immediately start integrating its newly acquired technology from GM's Saab unit into its vehicles. China's fifth-largest automaker plans to start production of its Saab-based own brand of cars as soon as 2011. Full story...
Dec
18th
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Detroit. General Motors announced today that the intended sale of Saab Automobile AB would not be concluded. After the withdrawal of Koenigsegg Group AB last month, GM had been in discussions with Spyker Cars about its interest in acquiring Saab. During the due diligence, certain issues arose that both parties believe could not be resolved. As a result, GM will start an orderly wind-down of Saab operations. Full story...
Dec
16th
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Dutch sportscar maker Spyker is the only viable bidder for Saab and a deal could be struck by the end of the year, the US automaker's board deadline. Full story...
Dec
15th
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General Motors Co. Chairman and acting CEO Ed Whitacre said on Tuesday that luxury car maker Spyker Cars NV is the only remaining party with which GM is negotiating for the sale of its Saab brand. Full story...
Dec
15th
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General Motors Co. Chairman and acting CEO Ed Whitacre said on Tuesday that luxury car maker Spyker Cars NV is the only remaining party with which GM is negotiating for the sale of its Saab brand. Full story...
Dec
15th
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General Motors Co. is negotiating the sale of Saab with just one remaining bidder, Dutch sports car maker Spyker Cars NV, GM Chairman Ed Whitacre said. Full story...
Dec
15th
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Beijing Automotive Industry Holding (BAIC) paid SKR1.4bn (US$197m) to buy the intellectual property rights and equipment to make Saab's 9-5 and 9-3 sedans, daily Dagens Industri reported. Full story...
Dec
15th
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Beijing Auto paid $197 million for the intellectual property rights and equipment to make Saab's 9-5 and to purchase some technology rights to the 9-3, a report said. Beijing Auto has acquired some Saab assets to develop its own-brand cars. Full story...
Dec
15th
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Beijing Auto paid $197 million for the intellectual property rights and equipment to make Saab's 9-5 and to purchase some technology rights to the 9-3, a report said. Beijing Auto has acquired some Saab assets to develop its own-brand cars. Full story...
Dec
15th
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Beijing Auto paid $197 million for the intellectual property rights and equipment to make Saab's 9-5 and to purchase some technology rights to the 9-3, a report said. Beijing Auto has acquired some Saab assets to develop its own-brand cars. Full story...
Dec
15th
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Beijing Auto paid $197 million for the intellectual property rights and equipment to make Saab's 9-5 and to purchase some technology rights to the 9-3, a report said. Beijing Auto has acquired some Saab assets to develop its own-brand cars. Full story...
Dec
14th
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In News Brake: Saab sells some of its technology to raise cash, Lotus draws a pair of aces to drive for it in 2010, and the Honda Element will continue . . . But Wait, There's More! Full story...
Dec
14th
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Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. Full story...