USA / Global
saab sale Articles
Saab bankruptcy petition withdrawn, company continues to talk with two potential partners
The Saab saga continues as National Electric Vehicle Sweden (NEVS) has revealed they do not have enough "liquid cash, as [of] today, to pay all outstanding debt."
Aug 19 2014
Saab officially sold to National Electric Vehicle Sweden
In an agreement announced earlier today, NEVS confirmed they acquired the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.
Jun 13 2012
Saab bought by National Electric Vehicle Sweden AB - report
Swedish media reports are indicating Saab has been bought by National Electric Vehicle Sweden AB (NEVS).
Jun 08 2012
BMW interested in Saab - report
According to the latest rumors, BMW could be interesting in buying Saab.
Feb 21 2012
Turkish private equity firm to bid for Saab
A new bid for the bankrupt Saab Automobile could be under way by Turkish private-equity firm, Brightwell Holdings.
Jan 20 2012
New Youngman offer for Saab coming - Spyker for sale, again
Swedish Automobile is assessing a potential sale for their sports car unit, Spyker Cars while new hope has emerged for the ailing Swedish brand, Saab, as Chinese group Zhejiang Youngman Lotus Automobile indicates a fresh bid could arrive next week.
Jan 19 2012
Saab files for bankruptcy
The long running Saab saga is now running to an inevitable conclusion. The Scandinaivian automaker has filed for bankruptcy in a Swedish court.
Dec 19 2011
Saab sale to be blocked by GM
General Motors has confirmed they will not support the proposed deal to sell Saab to Youngman and an undisclosed Chinese bank.
Dec 06 2011
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GM will cut ties with Saab if Chinese takeover goes through
9-4X, built by GM for Saab, may be discontinued - Saab itself hasn't produced a vehicle in months.
Nov 08 2011
Saab axes Pang Da / Youngman deal, reorganization process in jeopardy
The Saabpocalypse is coming to a close as Swedish Automobile N.V. has terminated their partnership agreement with Pang Da and Youngman.
Oct 24 2011
Saab rescue to be blocked by the Chinese - report
The Saabpocalypse continues as a new report is indicating the Chinese government will likely block the Da Pang / Youngman deal.
Oct 11 2011
Saab subsidiary goes bust, production delayed
The Saab saga continues as the Swedish brand has announced production at the Trollhättan plant will not resume as originally planned.
Jul 22 2011
Saab aims to become 54% Chinese, announces new partner
Saab has signed a new agreement with Pang Da Automobile and Zhejiang Youngman Lotus Automobile. Full coverage inside
Jun 13 2011
GM is building more Saabs than Saab
In an ironic turn of events, GM has become the first company to produce a Saab in nearly two months.
May 20 2011
Saab suppliers getting nervous as debts mount
Swedish automaker forced to halt production this week as it is unable to pay its suppliers.
Apr 08 2011
Saab nearing the financial abyss - report
Spyker Cars NV is warning that Saab may have an uncertain future if they do not secure new funding.
Apr 01 2011
Saab in danger of bankruptcy - report
It sounds like déjà vu all over again as a new report is indicating that Saab is in danger of going bankrupt.
Mar 10 2011
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