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saab reorganization

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    Report: Saab to finally succumb to bankruptcy today?

    If a new report by Autocar is to be believed, Saab may be pushed into bankruptcy as early as later today. According to the British weekly, emergency financial support from Chinese carmaker Youngman is "virtually certain to be blocked" by its home government because the deal does not include any new ...

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    Saab headed to court with creditors on Monday, reportedly has 20 potential suitors

    2010 Saab 9-3X – Click above for high-res gallery
    Saab's headed to court on Monday, where the ailing automaker hopes to get further permission to continue trying to find new ownership or investors. General Motors will be booting the brand from its corporate nest by 2010, and the Swedish ...

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    Saab files for bankruptcy in Swedish courts, wants $1B

    General Motors confirmed this morning that Saab's days as a part of the Detroit-based company are numbered. The Swedish brand has filed paperwork with courts in its home country for reorganization that would lead to its independence. This self-managed reorganization is analogous to the U.S. Chapter ...


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