The Swedish government has received information on a possible pullout of investors backing a deal by luxury carmaker Koenigsegg to buy Saab and is making further checks, a government official said on Friday.
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The Swedish government has received information on a possible pullout of investors backing a deal by luxury carmaker Koenigsegg to buy Saab and is making further checks, a government official said on Friday.
Full story...
The Swedish government has received information on a possible pullout of investors backing a deal by luxury carmaker Koenigsegg to buy Saab and is making further checks, a government official said on Friday.
Full story...
The Swedish government has received information on a possible pullout of investors backing a deal by luxury carmaker Koenigsegg to buy Saab and is making further checks, a government official said on Friday.
Full story...
Isn't it weird? After a decade of trying, the brand collectors have become thoroughly disheartened. Ford spins out Jaguar, Land-Rover, Mazda and Aston Martin and tries its best to bin Volvo. GM shuts brands, sells brands and tries its best to bin Saab, Vauxhall and Opel. Daimler gets rid of Chrysler Jeep and Dodge to a gullible hedge fund.
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Isn't it weird? After a decade of trying, the brand collectors have become thoroughly disheartened. Ford spins out Jaguar, Land-Rover, Mazda and Aston Martin and tries its best to bin Volvo. GM shuts brands, sells brands and tries its best to bin Saab, Vauxhall and Opel. Daimler gets rid of Chrysler Jeep and Dodge to a gullible hedge fund.
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Leaked shots show Saab’s new look.
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Saaband#8217;s flagship sedan, the 9-5, is finally getting a dramatic re-do, and pictures are out on the Web in advance of its expected reveal at the Frankfurt motor show.
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In today's News Brake: Cadillac gets a new chief, Porsche's top man is gone, and shots of the new Saab 9-5 . . . But Wait, There's More!
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Saab's brand new 9-5 has been caught testing
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Saab Automobile could increase production to meet higher demand if it secured bridge financing from the government, the carmaker's chief executive said today.
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Sweden's industry minister said the government was still in the dark on how much funding Koenigsegg Group, the new owner of Saab Automobile, would inject into the carmaker and whether loan guarantees would be needed.
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Saab is planning a return to its old-brand values with an extended model range as it prepares for a new, independent future owned by a joint U.S.-Scandinavian investment team.
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Saab might be a company in trouble, but GM is pushing ahead with its all-new flagship
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In today's News Brake: Chrysler executives seek a quick way to replace the Sebring and Avenger; we get a peek at the redesigned Saab 9-5 sedan; and GM is selling Saab but will provide a new crossover for the Swedish brand ... But Wait, There's More!
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Despite the continued struggles of local automakers Saab and Volvo, Swedish companies have grown more upbeat in recent weeks but remain wary of setbacks for the economy, a survey carried out by the Nordic country's central bank showed on Monday.
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Despite the continued struggles of local automakers Saab and Volvo, Swedish companies have grown more upbeat in recent weeks but remain wary of setbacks for the economy, a survey carried out by the Nordic country's central bank showed on Monday.
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Online consumers are bailing out of buying Saturns, Saabs and Hummers even before General Motors can unload those brands to their new owners, according to Web analysis firm Compete.
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Will this week's news that Swedish sportscar maker Koenigsegg is to rescue Saab, with funds from the European Investment Bank guaranteed by the Swedish government, return the famous brand to something like the quirky independent it used to be before it was swallowed up by GM?
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Baard Eker, the Norwegian designer behind the unlikely bid for General Motors' Saab unit, wants to rejuvenate the "soul and spirit" of the money-losing Swedish carmaker and lead a creative revival in the auto industry.
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