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Saab is a Swedish brand of luxury vehicles currently owned by Spyker Cars. It was the only non-core brand that General Motors was able to sell rather than shut down after emerging from Chapter 11 bankruptcy in July 2009. Founded in 1944, the company has roots in the Swedish aerospace industry building planes for the Swedish air force.

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Report: At least 6-7 parties bidding on Saab... could BMW be one of them? 1329850860

On this episode of As the Saab Turns: Bankruptcy administrators have bidders, and one of them might be a German carmaker! According to a post on Saabs United, "6-7 serious bidders" are trying to snag the remains of Saab. One European company "is German and located in Munich," according to the report, which notes that whatever company wins the Saab deal ...
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Report: Dealers trying to push Saab NA into bankruptcy 1328038260

Saab North America acknowledged that the chances were exceptionally slim, but it hoped to avoid bankruptcy long enough to give another company a chance to buy it. Shortly after Saab NA appointed a third-party administrator, McTevia & Associates, it was decided there was no way to save the company short of liquidation, and on January 23, the ...
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Report: Sweden picks up tab on bankrupt Saab's EU loan 1327939140

Way back at the beginning of Saab's struggle for life after General Motors, exotic car firm Spyker was granted a €400-million loan ($527M U.S.) from the European Investment Bank. The loan was approved after it was guaranteed by Sweden's Debt Office, and Saab's recent bankruptcy filing forced the Debt Office to back up the guarantee with a ...
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Report: Trollhättan buys entire classic Saab collection to preserve museum 1327449600

Despite the popular saying, history cannot simply repeated. So, when faced with the possibility of losing the entire classic collection of cars that had made up the official Saab museum in Trollhättan after the officials in charge of the automaker's bankruptcy proceedings threatened to break it up, a few organizations stepped up to the plate to keep ...
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Report: Saab Cars North American undergoing bankruptcy liquidation 1327346880

It's a Saab story, we know, but this is – in all likelihood – the end of the road for Sweden's "other" automaker. Sure, there are still talks of one foreign entity or another picking up where GM and Swedish Automobile (Swan)/Spyker left off, but even if they do, they'll have a heck of a lot of work on their hands. And that includes rebuilding ...

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Report: China's Youngman to wage new bid for Saab 1326996000

Ladies and gentlemen, those of you preparing to leave the theater because you thought the Saab opera was over, well, take a seat. After sinking a fair bit of money into the troubled Swedish automaker while chasing the deal, Youngman isn't ready to walk away. According to Reuters, the Chinese firm is ready to make a new bid for the Swedish brand as soon as ...
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Report: Spyker considers closure as Saab parent Swedish Auto loses board members 1326913140

Swedish Automobile NV ('Swan') continues to look to sell Dutch supercar manufacturer Spyker in the wake of the Saab bankruptcy. Swan said it will carry on with the sale despite the fact that the company's supervisory board has just abandoned the crippled enterprise. According to The Washington Post, Swan announced it had begun negotiations to sell Spyker ...
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Report: Saab cars headed to crusher, Trollhättan museum selling off 120 cars 1326814140

The future hopes of Saab seem to have been crushed under the weight of insolvency, and that's going to translate into reality as about 100 Saab cars lingering on the production lines are cubed up into scrap metal croutons. Unconfirmed rumors suggest that the vehicular carnage will ensue over the next 48 hours as the death rattle from Trollhättan gets ...
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Report: Saab to start producing cars again 1325686500

Sort of. Saabs United reports that the automaker has announced some of its employees will return to complete the vehicles still standing unfinished on the production line. All told, only around 100 units are likely to be produced and then sold off before the brand goes dark for good. The Swedish automaker finally filed for bankruptcy in December after a ...
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Rumormill: Saab in discussions with Turkey and Mahindra about reviving brand? 1325289540

The Great Saab Story of 2011 looks hellbent on running straight on through the new year and well into the future, despite the fact that the automaker has officially gone bankrupt and hasn't produced a vehicle in what seems like ages. Rumor has it that Saab administrators are receiving interest from some unknown entities from Turkey (with supposed backing ...