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saab automobiles

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    Report: China's Youngman bails on Saab, Mahindra still in the mix
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    Zhejiang Youngman Lotus Automobile has been jettisoned from the dwindling pool of bidders for Saab after tendering an offer of $492 million for the whole kaboodle. Exact reasons weren't given for Youngman leaving the table, but according to a report in Autoweek.nl, "Chinese bureaucracy" was ...

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    Report: Saab gets new $492M bid from Youngman
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    Youngman has made another bid for bankrupt Saab, according to new reports. The Chinese automaker has offered to buy what's left of Saab for $470 million at current conversion rates. The news comes courtesy of Dagens Industri. The newspaper also indicates that's the absolute lowest the Swedish ...

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    Breaking: Swedish loan guarantee for Saab reportedly wins EU approval
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    What is thought to be one of the last remaining hurdles for the acquisition of Saab Automobile by Spyker Cars from General Motors has reportedly been cleared – the Swedish government's endorsement of a pivotal European Investment Bank loan has been okayed by the European Union. Bloomberg ...

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    Hurry Up and Wait: Report says GM has no planned announcements regarding Saab
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    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 ...

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    Saab and Tata form joint venture to build... a fighter jet?!
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    The Swedish Airplane Company, or Saab AB, has been building aircraft since 1937. To diversify its business, the company started making cars in the late 1940s. Whether we cringe or not, Saab Automobile (the car division) has always reminded the public that its cars have fighter jet DNA (e.g., "Born ...

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