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REPORT: GM could sell some Saab assets to Chinese; brand has through year's end to find buyer
General Motors' Saab brand has been given a one month stay of execution as the Detroit, MI-based automaker has announced that it will hold off on a decision regarding the brand's fate until the end of the year. GM's apparent non-decision comes just one week after it announced that Swedish specialty car maker Koenigsegg unexpectedly pulled out of the running for Saab. While GM isn't commenting on any potential suitors at this time due to non-disclosure agreements with the parties involved, speculation is that Beijing Automotive Industry ... Read more →
Saab, Swedish gov't in Detroit to discuss brand's future Michael Harley
Don't write off Saab just yet. While last week's announcement that Koenigsegg Automotive AB had pulled its offer for the homeless brand was a painful kick to the gut, it seems there are still a few ...
REPORT: Saab still has at least two interested parties - BAIC and Merbanco Chris Shunk
When Koenigsegg pulled out of its agreement with General Motors to purchase Saab, many thought that General Motors would dump the Swedish automaker much like it did the Saturn brand. But it ...
And Then There Were Two: GM reportedly whittles down to a pair of Saab suitors Jeremy Korzeniewski
When General Motors first put Swedish automaker Saab on the auction block, it was reported that there were nearly 20 interested parties. From there, rumors quickly began circulating that Saab and ...
Saab responds to "oblivion" comment for the 9-4X Sam Abuelsamid
Yesterday, we reported on the fact that General Motors' global sales summary for 2008 included a mention that both the Saab 9-5 and 9-3X would be launching in 2009. We also took note of the fact ...
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REPORT: GM getting Saab ready to stand alone 10 months ago on Autoblog
In the interest of making its Saab brand more attractive for purchase, General Motors is reportedly looking at returning more autonomy to its Swedish subsidiary. As it stands now, Saab is basically a glorified Swedish imprint of the Opel record label. Indeed, a lot of engineering, and even ...
GM sees no buyers for Saab 10 months ago on Autoblog
General Motors' precarious cash position and a dire automotive market means that some blood-letting will occur to some of GM's brands. The General has mentioned that Saab and HUMMER are up for strategic review, which Maximum Bob Lutz told Automotive News was "code for we realize they're not working ...
Wagoner: HUMMER is the only brand for sale 1 year ago on Autoblog
General Motors CEO Rick Wagoner has confirmed that HUMMER is the only brand in the automaker's portfolio that's up for sale. Many believed that Saab's days were also numbered and the Swedish brand would be getting out from under the corporate umbrella as soon as a buyer could be found. Not so says ...
Autoblog Podcast #155: 'Twas the night before LA...
Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.
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