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0BREAKING: 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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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 ... -
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 ... -
Spyker loses 72.075 million euros in 2007 1206876780
Click above to view high-res gallery of the Spyker C8 Aileron For such a small manufacturer of specialty vehicles, Spyker hemorrhaged a huge amount of money last year; 72.075 million euros ($113.07 million at current exchange rates), to be exact. Part of this loss was due to the sale of its Formula ...
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Spyker Cars mortgages name for a loan 1179963240
Spyker is bankrupt. Old news, actually, it happened in 1926. Spyker Cars, founded in 2000, however, got a little extension on life back in September when it mortgaged the Spyker name for a €12.5 million loan from Friesland Bank. Spyker says the deal is nothing out of the ordinary but a ...

