Brand: Saab

  • SAAB 9-5: Hot or just burnt out?

    We’re nearing the end of our week with the brand spankers 9-5 SAAB. I confess to being brimming with enthusiasm with the expectation keeping me on the edge of my bath. I couldn’t stop myself from reading what a few others had to say about her. They mentioned it’s not a BMW for which they…

  • Saab set restart production, pay staff after receiving vehicle order Read more:

    TROUBLED automaker Saab hopes to restart production within two weeks after receiving orders for 10,000 vehicles and securing enough cash to pay workers, the company said. The Swedish government is due to announce whether Russian financier Vladimir Antonov should be approved as a shareholder, which would allow the production lines to roll again, the local…

  • SAAB does a deal. Factory sold, conditionally.

    The Saab saga (saabga? Saaga?) continues today with the announcement that a consortium of Swedish real estate investors with Hemfosa Fastigheter AB at the helm, is set to purchase 50.1% of Saab Property for $39.28 million (SEK 255 million). The property includes 5.199×10^6 square feet of building space. But that leaves Saab Automobile without a…

  • Unions may force SAAB into bankruptcy

    By AUTOMOTIVE NEWS on 6/23/2011     Unions at Saab, which is unable to pay wages to its workers, threatened today to start a legal process that could end in bankruptcy for the iconic brand. The IF Metall and Unionen groups said they would send a formal demand for payment on Monday if their members…

  • SAAB, is it all over? Let’s hope not

      SAAB is struggling to stay alive. The last 12 months has seen a change of ownership for the innovative car maker. After the sale by GM to Spyker, SAAB has not really had a chance to get going. First there was a stoppage at their factories due to unpaid bills to suppliers. Then another…

  • SAAB Production stopped yet again

    Things over at SAAB are not going so well. Their production had stopped for financial reasons a few months ago. The Chinese stopped by and helped out by buying a few cars and giving the parent company a bit of a cash injection. Sadly, while the cat was away, the mice got bored and stopped…

  • SAAB in trouble again: finance deal has fallen through. UPDATE finance now OK

    The NEW 9-5 is safe. We test this car in a few weeks time! WooHoo! All is not well over at SAAB’s H/O in Sweden. The finance deal which saw support for continuing development of new models has gone wrong. The Chinese investor seems to have gotten cold feel. It is very sad as SAAB…