SaabSale
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0Report: Spyker last bidder GM considering for Saab... or is it? 1263769560
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 ...
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BREAKING: Saab board reportedly votes to liquidate company, but GM still weighing bids 1262968080
According to a press release quoted in Dow Jones Newswires, Stefan Lofven, head of Swedish trade union IF Metall, the board of Saab has voted today to liquidate the company. Simultaneously, General Motors has announced that it has hired AlixPartners to supervise the "orderly wind-down" of the ...
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Update: Bernie Ecclestone tied to late-breaking Genii Capital bid for Saab 1262907000
Bernie Ecclestone, the long-time Formula One impresario, has confirmed to Bloomberg that he plans to make a play to buy Saab from General Motors. The pitch is evidently part of the bid by Genii Capital that we told you about earlier today. Genii's last-minute pitch may have been the reason why GM ...
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BREAKING: GM reportedly delays board meeting as new Swedish bidders emerge for Saab 1262887020
Saab: A history in pictures – Click above for high-res galleryJust 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 ... -
Report: Whitacre says 100+ GM dealers to be reinstated, pessimistic about Saab sale 1262872800
When General Motors went into bankruptcy, the company sent pink slips to 1,130 dealers that didn't meet a certain (unknown to us) set of criteria. The wind down of those dealers was supposed to be completed by October 2010, but a new law mandating a six-month arbitration process could give some ...
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Saab owners gather in wintery Detroit, urge GM to sell brand 1262739540
Sell Saab Rally in Detroit – Click above for high-res galleryPopular 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 ... -
Report: Spyker would preserve Saab product plans, could sell own supercars in select dealers 1262289360
2006 Saab Aero-X Concept – click above for high-res gallery In a far-reaching interview with AOL Autos this morning, Spyker Cars CEO Victor Muller revealed some interesting tidbits about his company's plan for Saab if they can successfully negotiate for its purchase from parent company ...
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Breaking: GM reportedly extends bidding deadline for Saab, production to restart? 1262183400
2010 Saab 9-5 – Click above for high-res image galleryIn what would arguably be the first optimistic news for Saab faithful out of General Motors in some time, Reuters is reporting that GM has extended its December 31 bidding deadline for the 60 year-old Swedish marque – a move that ... -
VIDEO: Griffin Up! Saab supporter creates mash-up in support of brand 1262017860
Griffin Up! - In support of Saab Automobile – click above to watch videoNeither Santa Claus nor the Grinch showed up for Saab faithful over Christmas, as the troubled automaker remains in limbo, with General Motors not releasing any further announcements over the holiday about the fate of ... -
Hurry Up and Wait: Report says GM has no planned announcements regarding Saab 1261786440
Don't expect General Motors Corp. to make any new announcements regarding Saab now or in the near future, according GM spokesman Chris Preuss. According to a report in Automotive News, Preuss added that no new Saab deals are imminent with any interested parties. Speculation and rumor-mongering ...
