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

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 sale of Saab that involves the sharing of GM technology. As a result, Saab's reorganization administrator is once again pushing... read more

December 7, 2011 by  -
 
2011 Saab 9-5

Saab's Chinese Suitors Bail, Court Asked To Pull The Plug

Yesterday, Saab hit the snooze button and dreamed of survival a bit longer, thanks to a series of loans from North Street Capital totaling $70 million. That isn't nearly... read more October 21, 2011 by  1


 
2011 Saab 9-5

Saab Gets A Lifeline From North Street Capital

Saab, or more specifically Swedish Automobile (Swan), has received a monetary lifeline from North Street Capital, LP. The deal will generate $10 million in cash (for shares... read more October 20, 2011 by  3


 
2011 Saab 9-4X Aero

Saab Still Awaiting Funding From Chinese Partners

In mid-September, amidst the chaos surrounding the potential bankruptcy of Saab, the automaker received what it thought was good news. Chinese partner Youngman agreed to... read more October 6, 2011 by 


 
2011 Saab 9-5

Saab Bankruptcy Hearing Set For September 26

Two white-collar labor unions have filed bankruptcy proceedings against Saab as expected, and the lower court in Vanersborg, Sweden has set a hearing date of September 26... read more September 16, 2011 by 


 
Vauxhall/Opel electric car concept for 2011 Frankfurt Auto Show

Saab's In Trouble, Reese Witherspoon Hit By Car: Car News Headlines

Reese Witherspoon has been hit by a car driven by an 84-year-old. [MotorAuthority] In an era of downsizing, GM says the small block V-8 isn't going away. [TheCarConnection]... read more September 8, 2011 by 


 
2011 Saab 9-5

Saab Files For Bankruptcy Protection; Will China Save The Day?

Saab has had more than its share of troubles the past few years, and the company's failing finances have been headline fodder for weeks. So it should come as no surprise that... read more September 7, 2011 by 


 
2009 Saab 9-5 SportKombi

Saab To File For Court Protection From Creditors, Unions: Report

Saab's logo may be the mythical griffin, but a nine-lived cat might have been more appropriate. The struggling Swedish automaker has already twice cheated death at the hands... read more August 26, 2011 by  2


 
2011 Saab 9-4X

Saab Drowning In Debt, Customers Jump Ship, CEO Gets Raise

Usually there's a lull in auto news at this time of year, but Saab is bucking the trend with plenty of high-stakes drama. New reports indicate that the Swedish government is... read more August 18, 2011 by  2


 
2011 Saab 9-5 Aero

Despite Funding Commitments, Saab Still Can't Pay Workers

In the past few months, Swedish Automobile (Saab’s parent) has signed agreements with Chinese partners Pang Da Automobile Trade Co, Ltd. and Zhejiang Youngman Lotus... read more July 26, 2011 by  7


 
Chevy, Buick, and GMC 'Main Street in Motion' drive event, CitiField, NYC, June 2011

Chevy, Buick, GMC Get 'Butts In Seats' Via Stadium Drive Days

Let's say you're the largest U.S. automaker, and you have a little problem. You're building cars that get good reviews for features, fit, finish, and fuel economy, but half... read more June 20, 2011 by  7


 
U.S.-spec 2012 Fiat 500c

Fiat Buys Out The Feds, Becomes Majority Owner Of Chrysler

It's hard to believe that two years have passed since Chrysler's Chapter 11 hearings concluded (next Friday is the grim anniversary). Now, the automaker is preparing to begin... read more June 3, 2011 by  7


 
GM Logo

Report: Treasury To Hold GM Stock Until August

When will the Federal government get out of General Motors? Likely not until the end of the summer, according to a new report out of Detroit. In theory, the Treasury... read more May 12, 2011 by 


 
Chrysler headquarters

BREAKING: Chrysler To Repay U.S., Canadian Loans By June 30

Yesterday, we told you that Chrysler was on the brink of announcing a plan to repay its debts to governments of Canada and the U.S. Now, they've gone and done it: according... read more April 28, 2011 by  1


 
2009 Chrysler Sebring 2-door Convertible Touring Door Controls

Report: Chrysler To Announce Repayment Of Government Loans

Sources close to Chrysler report that the automaker is close to announcing a refinancing package that would eradicate $6.6 billion in loans provided by the U.S. and Canadian... read more April 27, 2011 by 


 
Dodge 'Haiku For You' ad

UPDATED: Dodge's 'Haiku For You' Is The Worst Ad Of 2011 (So Far)

UPDATED: SEE BELOW After months of near-silence during its painful restructuring process, Chrysler began crawling back toward the world of advertising. Its first efforts --... read more April 6, 2011 by 


 
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