Swedish Automobile Agrees to Sell Saab for €100M
28 Oct 2011, 10:55 UTC · By: Mihnea Radu / It seems that sticking to the old understanding did not work out after all for Saab owner Swedish Automobile. The Chinese firms that were supposed to offer credit must have taken one quick look at t...
Saab Fate Hangs in the Balance Again: Investors Backing Away
21 Oct 2011, 16:38 UTC · By: Mihnea Radu / Did you think that the recent Saab statement saying that they had received the first first part of the €70 million bridging loan from its Chinese partner Youngman was to good to be true? Well, ...
Saab Production Freezes Again
8 Jun 2011, 11:32 UTC · By: Daniel Patrascu / At the beginning of the week, another bad news hit the fans of Swedish automaker Saab, as well as its biggest customer, Pang Da: the Swedish have stopped production in Trollhattan, due to the lack o...
Pang Da Buys More Saabs, Saab Gets More Money
1 Jun 2011, 12:04 UTC · By: Daniel Patrascu / The best business partner Saab could have ever dreamed of (which is, at the same time, an investor and the biggest client) made another life-saving announcement on Wednesday, one that involves an ex...
Pang Da Sees Bright Future for Saab
28 May 2011, 10:37 UTC · By: Daniel Patrascu / Being one of the most important auto dealers on the Chinese market, Saab's wannabe rescuers, Pang Da, seems to know a thing or two about how to run an automotive operation in the world's l...
Saab Back in Business, Production Lines Rolling
27 May 2011, 09:22 UTC · By: Daniel Patrascu / For the first time since April 6, when problems with unpaid suppliers led to the closure of Saab's production plant in Trollhattan, the lines of the facility were powered on again on Friday mor...
Pang Da's Saab Bid Reaches SNDO
24 May 2011, 13:13 UTC · By: Daniel Patrascu / In recent months, one great piece of news for Saab was soon followed by a bad one, or at least one that diminished the initial enthusiasm to the point of disappearance. Simply put, there are too man...
Spyker to Change Name to Swedish Automobile
24 May 2011, 09:09 UTC · By: Daniel Patrascu / The recently announced alliance between Spyker and Chinese dealership network Pang Da, meant to save Swedish producer Saab from the sinkhole of insolvency, does come with a few strings attached, if ...
Pang Da Seeks Permission to Invest in Saab
23 May 2011, 07:04 UTC · By: Daniel Patrascu / Nearly a week after Swedish manufacturer Saab announced that the name of its savior knight is Pang Da, the Chinese company has begun talks with state authorities, including the National Development ...
Chinese-Made Saab to Be Produced in Two Years
20 May 2011, 10:55 UTC · By: Daniel Patrascu / Odd as it seemed at the time of the announcement made a couple of days ago, the partnership between Swedish manufacturer Saab and an internationally little known Chinese car dealer is expected to pr...
China Gets Its Hands on Saab
16 May 2011, 07:32 UTC · By: Daniel Patrascu / Long time coming, this news has been... Still struggling on the home front, Swedish manufacturer Saab is continuing to seek hope and shelter in China, the new land of all possibilities and, by the l...