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Category: "Saab"

Entry Level Saab Will Beat The BMW 1-Series!

Spyker owned Saab could soon be getting a lot more praise with their new smaller two door. Saab really needs to do something to get closer to making a profit and this could be the solution.
If all goes according to plan, Car — which commissioned the rendering above — reports the Swedes [...]

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GM Reaches Agreement to Sell Saab to Spyker

General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB.
“Today’s announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM,” said John Smith, GM vice president for corporate [...]

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General Motors States No Deal Yet To Sell Saab To Spyker, but its Imminent

General Motors Chairman and CEO Ed Whitacre said at a Monday morning press conference that the automaker has no announcement regarding Saab despite media reports swirling around the globe that a deal to sell the Swedish automaker to Spyker is imminent.
“As of today, we have not changed our direction on the wind-down (of Saab),” Whitacre [...]

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GM’s Sale of Saab to Koenigsegg Collapses

General Motors confirmed Tuesday that its planned sale of Swedish automaker Saab to Koenigsegg Group AB has collapsed with Koenigsegg terminating the sale.
What’s next for Saab has yet to be determined.
“We’re obviously very disappointed with the decision to pull out of the Saab purchase,” GM President and CEO Fritz Henderson said in a statement issued by GM. ”Many have [...]

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