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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Deal brokered to get Saab warranty service honored at GM dealers]]></title><link>http://www.autoblog.com/2012/12/24/deal-brokered-to-get-saab-warranty-service-honored-at-gm-dealers/</link><guid isPermaLink="true">http://www.autoblog.com/2012/12/24/deal-brokered-to-get-saab-warranty-service-honored-at-gm-dealers/</guid><comments>http://www.autoblog.com/2012/12/24/deal-brokered-to-get-saab-warranty-service-honored-at-gm-dealers/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/saab/" rel="tag">Saab</a></p><a href="http://www.autoblog.com/photos/2011-saab-9-4x-first-drive/"><img height="405" src="http://www.blogcdn.com/www.autoblog.com/media/2012/06/13-2011-saab-9-4x-fd.jpg" vspace="4" width="628" /></a><br />
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When <a href="http://www.autoblog.com/pontiac/">Pontiac</a>, <a href="http://www.autoblog.com/hummer/">Hummer</a> and <a href="http://www.autoblog.com/saturn/">Saturn</a> were killed off, at least current owners never had to question where they would have to take their vehicle in case it needed to be serviced. The same couldn't be said for <a href="http://www.autoblog.com/saab/">Saab</a> owners... until now. <a href="http://www.autoblog.com/tag/general+motors/">General Motors</a> and Saab Automobile Parts North America (the remaining entity of the bankrupted automaker) have signed an agreement that provides 179 service centers to current Saab owners to receive factory-trained technicians and official Saab replacement parts.<br />
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These warranty service providers will have all the tools, training and parts to maintain and repair Saab vehicles, and they will also have access to a technical assistance center for the technicians. Next year, SPNA will also set up a customer assistance center, which will likely be most useful in helping current owners find repair shows, as well as a program called Saab Secure to give added service support to owners of late model (2010 and 2011 model year) Saab vehicles. Finally, to make sure customers have a sufficient parts supply to keep their cars on the road, SPNA operates out of a 153,000 square foot warehouse in Michigan that has the ability to ship more than 3,000 parts orders per day.<br />
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GM's official press release on the agreement is posted <a href="/2012/12/21/deal-brokered-to-get-saab-warranty-service-honored-at-gm-dealers/#continued">after the jump</a>.<p><a href="http://www.autoblog.com/2012/12/24/deal-brokered-to-get-saab-warranty-service-honored-at-gm-dealers/" rel="bookmark">Continue reading <em>Deal brokered to get Saab warranty service honored at GM dealers</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/12/24/deal-brokered-to-get-saab-warranty-service-honored-at-gm-dealers/">Deal brokered to get Saab warranty service honored at GM dealers</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Mon, 24 Dec 2012 11:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/12/24/deal-brokered-to-get-saab-warranty-service-honored-at-gm-dealers/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20409833/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/12/24/deal-brokered-to-get-saab-warranty-service-honored-at-gm-dealers/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>general motors</category><category>gm</category><category>saab</category><category>saab automobile parts ab</category><category>saab automobile parts north america</category><category>saab dealers</category><category>saab service</category><category>saab warranty</category><category>saab warranty service proivders</category><dc:creator><![CDATA[Jeffrey N. Ross]]></dc:creator><pubDate>Mon, 24 Dec 2012 11:01:00 EST</pubDate>
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</item><item><title><![CDATA[Dealers trying to push Saab NA into bankruptcy]]></title><link>http://www.autoblog.com/2012/01/31/dealers-trying-to-push-saab-na-into-bankruptcy/</link><guid isPermaLink="true">http://www.autoblog.com/2012/01/31/dealers-trying-to-push-saab-na-into-bankruptcy/</guid><comments>http://www.autoblog.com/2012/01/31/dealers-trying-to-push-saab-na-into-bankruptcy/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/government-legal/" rel="tag">Government/Legal</a>, <a href="http://www.autoblog.com/saab/" rel="tag">Saab</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><a href="http://www.autonews.com/apps/pbcs.dll/article?AID=/20120130/RETAIL07/120139993/dealers-want-saab-north-america-placed-into-chapter-11-bankruptcy"><img alt="Saab sign - tilted"  src="http://www.blogcdn.com/www.autoblog.com/media/2012/01/saab-sign-tilted-628.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 419px; " /></a><br />
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Saab North America acknowledged that the chances were exceptionally slim, but it <a href="http://www.autoblog.com/2011/12/23/saab-north-america-hires-administrator-but-wont-file-bankruptcy/">hoped to avoid bankruptcy</a> long enough to give another company a chance to buy it. Shortly after Saab NA appointed a third-party administrator, McTevia &amp; Associates, it was decided there was no way to save the company short of liquidation, and on January 23, the administrator announced <a href="http://www.autoblog.com/2012/01/23/saab-cars-north-american-undergoing-bankruptcy-liquidation/">plans to file for Chapter 7</a> bankruptcy.<br />
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But Saab NA was beat to the filing by a group of 162 out of the 188 Saab dealers, who filed for involuntary Chapter 11 bankruptcy in Delaware. The dealers said last week they were going to file for Chapter 7, but instead chose Chapter 11 because of its lower costs and <a href="http://www.autoblog.com/2012/01/19/chinas-youngman-to-wage-new-bid-for-saab/">in case China's Youngman</a> or <a href="http://www.autoblog.com/2012/01/22/turkish-private-equity-firm-jumps-into-saab-buying-fray/">Turkey's Brightwell Holding's bid</a> for Saab NA's parent succeeds and they want to restart operations here. The document was filed in Delaware because the dealer body feels they'll get better hearing "further away from Detroit." Dealers also wanted the force of court orders to back up any decisions made, not that of a third-party administrator.<br />
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Underneath all the legal machinations, though, if estimates from Saab NA dealer attorney Leonard Bellavia are accurate, then the parties could emerge without getting financially kneecapped. When McTevia announced its plan to file, <a href="http://www.autonews.com/apps/pbcs.dll/article?AID=/20120123/RETAIL07/301239957/1422">Bellavia suggested</a> that Saab NA's liabilities were $10.5 million and assets at between $75 million and $125 million. With no more parts on the way and 2,400 cars on lots, McTevia had earlier said that the parts distribution business is "the only meaningful asset."<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/01/31/dealers-trying-to-push-saab-na-into-bankruptcy/">Dealers trying to push Saab NA into bankruptcy</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Tue, 31 Jan 2012 14:31:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/01/31/dealers-trying-to-push-saab-na-into-bankruptcy/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20160605/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/01/31/dealers-trying-to-push-saab-na-into-bankruptcy/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>bankruptcy</category><category>chapter 11</category><category>mctevia</category><category>royal oak</category><category>saab</category><category>saab bankruptcy</category><category>saab dealers</category><category>saab na</category><category>saab north america</category><dc:creator><![CDATA[Jonathon Ramsey]]></dc:creator><pubDate>Tue, 31 Jan 2012 14:31:00 EST</pubDate>
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