Spyker Planning to Buy Saab?
2 Dec 2009, 10:52 UTC · By: Bogdan Popa / Dutch sports carmaker Spyker Cars NV is believed to be the latest party interested in taking over the Swedish ailing manufacturer Saab. Spyker and its Russian owner, Converse Bank, have already subm...
Beijing Auto Says the Saab Deal is Not Over
30 Nov 2009, 07:38 UTC · By: Alex Vasile / Beijing Automotive Industry Holding Corp is still interested in buying Saab, said the Chinese car company's general manager. As reporters tried to get more information about BAIC’s intent...
Investors Pile Up to Take Saab. Again...
28 Nov 2009, 09:49 UTC · By: Daniel Patrascu / If you have been watching the almost year-long Saab sage, then you definitely know the huge state of denial both the Swedish carmaker and the parent company, GM, are in. To give you a brief summary,...
No Other Buyers for GM's Saab
26 Nov 2009, 10:54 UTC · By: Bogdan Popa / The end is getting closer for Saab as General Motors might be forced to discontinue the brand unless an interested party is ready to bid for the Swedish brand. And at this point, it seems like killi...
GM Still Looking for Saab Buyers
26 Nov 2009, 09:30 UTC · By: Bogdan Popa / Even if Koenigsegg decided to walk away from the Saab deal, the Swedish brand might still live on as parent manufacturer General Motors is still trying to find a bidder for the company. The news cam...
Sweden Won't Give Money to Saab
25 Nov 2009, 09:34 UTC · By: Bogdan Popa / Saab's situation is getting more complicated every hour after Koenigsegg announced its decision to walk away from the deal and leave General Motors to decide the Swedish company's future. ...
Dealers Affected by GM’s Decision to Close Saab
25 Nov 2009, 08:54 UTC · By: Alex Vasile / General Motors spokeswoman Ryndee Carney said two weeks ago that if the deal with Koenigsegg failed, GM would have to close down all brand operations and all the US dealerships. And just when everyb...
Koenigsegg Pulls Out of Saab Deal, GM to Kill the Brand?
25 Nov 2009, 08:03 UTC · By: Bogdan Popa / After months of negotiations and rumors regarding Saab's future, Koenigsegg finally decided to terminate the agreement for purchasing the Swedish brand. Unfortunately, General Motors is yet to ...
Koenigsegg to Close 81 Saab US Dealerships
13 Nov 2009, 08:58 UTC · By: Alex Vasile / Saab’s future owner, Swedish super car producer Koenigsegg, will reject 81 Saab dealerships from the US, out of a total of 218, as cost cutting measure. Koenigsegg is thus facing now the ...
Beijing Auto Wants Saab Deal Done by 2010
10 Nov 2009, 14:21 UTC · By: Alex Vasile / Most of you know that Swedish super car manufacturer Koenigsegg is in the process of purchasing Saab. And it’s not just Swedish buying other Swedish, because behind Koenigsegg stands Beijing ...
NY Dealer Crashes Customer’s Rare Koenigsegg CCX
22 Oct 2009, 12:43 UTC · By: Alina Dumitrache / Some could consider themselves lucky for just seeing one of this supercars in person, so the news of a wrecked Koenigsegg CCX is nothing but outrageous. Especially if the one responsible for the acc...
Koenigsegg Won't Give Up Saab Acquisition
28 Sep 2009, 06:28 UTC · By: Bogdan Popa / Swedish sports car manufacturer Koenigsegg won't pull out of the Saab deal, an official of the company said, in spite of statements that the company might give up if negotiations for loans from...
Koenigsegg Brings Trevita to Frankfurt
11 Sep 2009, 14:55 UTC · By: Alina Dumitrache / Swedish manufacturer Koenigsegg has just revealed their latest contraption, a limited edition of their CCXR. Dubbed Trevita, the car will be first introduced to the public at the 2009 Frankfurt Moto...
BAIC Becomes Minority Shareholder in Koenigsegg Group
9 Sep 2009, 14:31 UTC · By: Bogdan Popa / Koenigsegg Group has just signed a Memorandum of Understanding (MOU) with BAIC that would allow the two companies expand their coverage in both international and Chinese markets. In other words, Koe...
SAIC Might Buy Saab Stake
9 Sep 2009, 08:25 UTC · By: Bogdan Popa / Koenigsegg has already reached an agreement with General Motors to purchase its Swedish unit Saab but it appears the the sports car manufacturer might agree to cease a passive stake in the company t...
Koenigsegg Submits New Financing Plan
7 Sep 2009, 12:43 UTC · By: Daniel Patrascu / Swedish manufacturer Koenigsegg Group AB submitted its new financing plan for the purchase of the former GM unit, Saab. According to State Secretary Joran Hagglund, speaking to Reuters, the new plan...
Koenigsegg Raises Money for Saab Acquisition
3 Sep 2009, 07:58 UTC · By: Bogdan Popa / Swedish sports carmaker Koenigsegg is raising funds to complete the Saab acquisition from General Motors, a move that is expected to occur as soon as next week. Swedish newspaper Dagens Industri ye...
Koenigsegg CEO Promises "Great" Future for Saab
24 Aug 2009, 12:59 UTC · By: Bogdan Popa / Koenigsegg is the new owner of the Swedish carmaker Saab, who struggled to cope with the recession and stay in business without too many cost-cutting measures. Most of us are curious to find out wha...
Saab Exists Bankruptcy, Continues Marriage with Koenigsegg
20 Aug 2009, 14:25 UTC · By: Bogdan Popa / Swedish group Saab's bankruptcy protection finally came to an end today as the company decided it would be better not to ask for an extension in court and continue restructuring with the help o...
GM and Koenigsegg Sign Stock Purchase for Saab
18 Aug 2009, 08:19 UTC · By: Daniel Patrascu / Unlike the other GM European unit, Opel, Saab's sale seems to go much smoother, as today GM announced a new step was taken for completing the sale of the Swedish manufacturer. Together with buy...