Merbanco

What a long, strange trip it's been. Every thriller must have an endgame, although whether the guy gets the girl in the end or just plain "gets it" is often in doubt right until the final frame. This afternoon, after a most improbable and tortured saga, General Motors has finally agreed to sell ...

To paraphrase the once great weekend update anchor Chevy Chase, "Generalissimo Saab is still dead" and appears likely to stay that way. Bloomberg reports that Spyker is the last bidder standing to pick up the Swedish brand from General Motors, although Genii Capital and partner Bernie Eccelstone ...

Just when we thought the financial soap opera surrounding Saab couldn't get any more convoluted or tortured, it has. Bloomberg is reporting that General Motors has once again delayed a meeting planned for today to determine the ...

Popular wisdom would hold that about the only people willing to show up in sub-zero, slate-gray Detroit for a last-minute rally to advocate for Saab's sale would be stereotypical brand diehards – grizzled old-timers with ...

As General Motors suddenly finds itself in search for a new CEO to replace Fritz Henderson, it is also looking to secure a buyer for perennially troubled Saab. GM originally thought it had a new parent for the brand in Koenigsegg, but ...

Analysts have been speculating for years just how Chinese automakers would enter the North American market. The struggles of U.S. automakers have provided plenty of opportunities to purchase mature marques from the likes of General Motors or Ford, but so far, only Hummer has been added by a company ...