Victor Muller

Aw, Snap: Spyker Sues GM For Making Saab Go All Bankrupt
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 standing in the way of Saab's adoption by a third parent (China's Youngman) and thereby forcing Saab into bankruptcy. If you've...Read More»

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

2011 Saab 9-5
Saab Sold To Chinese Investors, But Will Beijing Approve?

The strange saga of Saab has taken another hairpin turn this morning: in a short post to its website, Saab says that Chinese firms Pang Da and Youngman will now purchase 100% of the company. But the three parties still have a few hoops to jump through, including getting authority from Chinese...Read More»

2011 Saab 9-5
Saab Ends Deal With Pang Da & Youngman: The End Is (Probably) Near

Saab fans, we have some bad news: the automaker has cancelled its agreements with Chinese firms Pang Da and Youngman. As a result, Saab's future seems a little dimmer and grimmer. If you've been following this story, you know that Pang Da and Youngman have been the only investors willing to give...Read More»

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 enough to keep the brand afloat, though, and the company has been banking on investments from China for its long-term stability...Read More»

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Saab Future Uncertain Again As Spyker's China Deal Collapses

Yesterday, Saab looked potentially through the worst of its troubles, with a new wave of funding—enough to give the struggling automaker a comfort zone—waiting in the wings. But a day later, Saab Automobile looks like it could possibly go the way of the Hummer. Last year, a deal with...Read More»

2011 Saab 9-4X
Spyker CEO Clears The Air About Saab, Looks Ahead To 9-4X

Saab is still alive—and well, according to Victor Muller, the CEO of Spyker Cars, Saab's owner. And in recent days, Saab has been on a hiring spree. Monday, Saab Cars North America named Timothy Colbeck its new president and CEO. Colbeck was most recently vice president, sales, at Subaru of...Read More»

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