Saab sale

Geely Expecting To Seal The Volvo Deal By February 14
Geely Expecting To Seal The Volvo Deal By February 14

Although Ford hasn't set a deadline for the sale of Volvo the same way that General Motors fast-tracked Saab, Ford's preferred bidder -- Geely -- is hoping to wrap up things on the double. A source close to the negotiations told Reuters, "[The sale] is expected to be done before Chinese New Year...Read More»

2005 Saab 9-5 4-door Sedan Aero Grille
Spyker Poised To Be Favored Bidder For Saab

A small development in the ongoing saga of Saab could mean big things for hopeful bidder Spyker. GM has apparently stipulated that bidders for Saab should be interested in keeping production in Sweden. BAIC -- previously thought to have dibs on the brand -- hasn't been especially forthcoming on its...Read More»

2010 Saab 9-5
GM On The Fast Track: Saab Sold Or Shuttered By December 31

When the Saab sale to Koenigsegg fell through last week, a variety of sources lay the blame at GM's feet -- specifically, the way those feet were dragging. That same snail's pace approach to business may be partly responsible for Fritz Henderson's abrupt dismissal yesterday. But if a new statement...Read More»

Saab logo
BAIC Wanting A Foothold In The West, Now Turns To Saab

Last week, when we reported on the Koenigsegg Group's failed attempt to purchase Saab from GM, we mentioned that a member of that group -- Beijing Automotive Industry Corporation (BAIC) -- might make its own bid for the troubled Swedish brand. That was an educated guess, based largely on the fact...Read More»

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