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Saab May Not Be Saved After All: New Owner Being Forced Into Bankruptcy

Saab May Not Be Saved After All: New Owner Being Forced Into Bankruptcy

We thought it was over. We thought that someone, somewhere had a solid plan to make Saab profitable -- something GM and Spyker were sadly never able to do. Unfortunately, Detroit News tells us that our hopes may have been in vain, because Saab's most recent "savior" could be heading for bankruptcy... read more

August 13, 2014 by  -
 
2011 Coda Sedan, final production version

Electric Car Company Coda Files For Bankruptcy

Well, that was fast: roughly one year after it first began delivering all-electric sedans to American consumers, electric-car startup Coda Automotive has filed for... read more May 1, 2013 by  1


 
2013 Suzuki Kizashi

Suzuki Slouches Toward Bankruptcy. America Shrugs.

Remember the outrage sparked by Saab's bankruptcy announcement? It set off a skirmish of accusations and denials, with investors clamoring to buy a stake in the quirky car... read more March 5, 2013 by  3


 
2011 Saab 9-5

Saab Owners: Warranty Protection Is Just A Few Clicks Away

Own a recent Saab? Worried about your warranty now that the automaker has gone belly-up? Well, put those concerns to rest, because Saab Automobile Parts North America (SPNA)... read more January 11, 2013 by 


 
2012 Suzuki SX4 SportBack

Suzuki's Hard Candy Christmas: Sales Soar After Bankruptcy Announcement

Back in November, on the final day of a fiercely fought U.S. presidential election, Suzuki announced that it was leaving the American auto market. After years of slumping... read more December 24, 2012 by  2


 
General Motors Renaissance Center, Detroit, Michigan

GM Buys Back $5.5 Billion In Stock From The U.S. Government

General Motors has announced plans to buy back some of its stock from the U.S. Department of the Treasury, reducing the federal government's stake in the automaker by 40%. In... read more December 19, 2012 by  5


 
2013 Suzuki Kizashi

Suzuki Shuts Down U.S. Auto Sales, Files For Bankruptcy

On a day that's likely to have many shocking twists and turns for Americans, here's some news that will surprise absolutely no one: Suzuki is exiting the U.S. auto market... read more November 6, 2012 by  5


 
Cadillac ELR

A123 Systems Bankrupt, Cadillac ELR Production, Zipcar Helps Voters: Car News Headlines

Today at The Car Connection, Ford recalled the 2011-2013 Fiesta and the oldest known production Ford found a new owner. Nissan demonstrated its new autonomous steering... read more October 17, 2012 by 


 
2011 Saab 9-4X Aero

Aw, Snap: Spyker Sues GM For Making Saab Go All Bankrupt

The Saab story would be hilarious if it weren't so heartbreaking. The latest news? Saab's current parent, Spyker, is suing the company's former parent, General Motors, for... read more August 6, 2012 by 


 
2009 Saab 9-5 SportKombi

Saab Fans: Today's Your Lucky Day!

So, you're a Saab fan. You've endured three years of agony, hoping for the salvation of your beloved brand. You've followed a plotline worthy of Shakespeare, or at least... read more June 6, 2012 by  1


 
Mitt Romney

Polls Headed South, Mitt Romney Hits The Road To Win Michigan

Presidential candidate Mitt Romney's made no secrets of his ties to the epicenter of the American auto industry, in Michigan. Not only was Romney's father George governor of... read more February 14, 2012 by 


 
2011 Saab 9-4X

Saab's U.S. Dealers Pray For Miracle, Ask For Chapter 11 Protection

Saab is dead, but the dream of Saab lives on -- at least in the U.S. According to a report in AutoNews, a group of Saab dealers in the States have banded together to petition... read more January 31, 2012 by  4


 
2013 Ford Escape

2013 Ford Escape (Tentatively) Priced, BMW ActiveE Driven: Today's Car News

Today at High Gear Media, Porsche celebrates hitting the two-million Facebook fan mark and has released details regarding the interior of the 2013 Boxster. General Motors... read more January 19, 2012 by 


 
MINI already using #Saab in advertising.

Saab Is Dead, Long Live... MINI?

In case you missed today's breaking news on Saab, the Swedish automaker filed for bankruptcy in Swedish District Court this morning. The move came after Chinese suitor... read more December 19, 2011 by  3


 
2011 Saab 9-5

GM Says 'No' To Saab Sale: We Recap The Saga's High Points Up To Today

The long, strange, saga of Saab may finally be coming to a close. Even though there's a shaky deal with Chinese investors in the works, GM has said that it will block any... read more December 7, 2011 by 


 
2011 Saab 9-5

Saab Starts A New Chapter, But How Long Will It Be?

On Friday of last week, struggling Swedish automaker Saab signed a memorandum of understanding with Chinese partners Pang Da and Youngman. The MOU essentially sells Saab to... read more October 31, 2011 by  1


 
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