Saab Files For Bankruptcy
STOCKHOLM — Saab Automobile filed for bankruptcy on Monday, giving up a desperate struggle to stay in business after previous owner General Moto...
STOCKHOLM — Saab Automobile filed for bankruptcy on Monday, giving up a desperate struggle to stay in business after previous owner General Moto...
AP | By LOUISE NORDSTROM | Posted 08.28.2011
STOCKHOLM -- Crisis-hit car maker Saab has struck a $40 million deal to sell and lease back property in an effort to improve its ailing finances that ...
Posted 08.23.2011
STOCKHOLM (AP) — Saab's owner said Thursday it doesn't have the money to pay employees' wages, deepening the financial crisis that is pushing the st...
24/7 Wall St. | Douglas A. McIntyre | Posted 08.21.2011
24/7 Wall St. has created a new list of brands that will disappear, which includes Sears (NASDAQ:SHLD), Sony Pictures (NYSE:SNE), American Apparel (NY...
Huffington Post | Anna Almendrala | Posted 05.25.2011
It's electrifying: the 2010 LA Auto Show boasts twenty world debuts, more than thirty North American debuts, a bevy of new hybrids and electric cars, ...
Steve Parker | Posted 05.25.2011
A lesson other car-makers have learned the hard way is that buyers want a car that makes a definite statement, which knows its place in the market. A perpetual question mark like Mercury has absolutely no chance of survival.
Steve Parker | Posted 05.25.2011
Saturday March 13 LIVE at 11am Pacific / 2pm Eastern www.TalkRadioOne.com Steve Parker's The Car Nut Show Not only has Toyota become the butt of mi...
Steve Parker | Posted 05.25.2011
STEVE PARKER'S THE CAR NUT SHOW Saturday, 2/27, LIVE @ 11am Pacific/2pm Eastern on www.TalkRadioOne.com An amazing spectacle in congress this past we...
Ron Ashkenas | Posted 05.25.2011
Cross-posted from Harvard Business Online One corporate drama playing out in the news is the fate of Saab -- a now-orphan division of General Motors ...
AP | Posted 05.25.2011
AMSTERDAM — Spyker Cars NV, the new owner of Saab, plans to produce three Saab lines and return the troubled Swedish carmaker to profitability b...
AP | TOBY STERLING | Posted 05.25.2011
AMSTERDAM — General Motors Co. said Tuesday it has reached an agreement to sell its struggling Saab Automobile arm to the small Dutch luxury car...
Chicago Breaking News | January 24, 2010 6:59 PM | Posted 05.25.2011
"I don't want to drive a (Toyota) Camry. If I had one, I would probably drive it off of a cliff," said Kevin Wright, who is part of a dual-Saab drivin...
AP | TOM KRISHER and DEE-ANN DURBIN | Posted 05.25.2011
DETROIT — A deal for General Motors Co. to sell Saab to a specialty carmaker has collapsed, leaving the storied Swedish brand born from jets in ...
AP | DAN STRUMPF | Posted 05.25.2011
NEW YORK — Spyker Cars, a niche automaker based in the Netherlands, is giving General Motors Co. more time to consider selling it the Saab brand...
AP | DAN STRUMPF | Posted 05.25.2011
NEW YORK — General Motors is killing off another well-known brand – Saab, a quirky line of cars known for angular roof lines and ignition ...
Eric Ehrmann | Posted 05.25.2011
While sharing his vision of a more peaceful world with the UN and demanding big Pentagon cuts, Obama has also been lobbying Brazil to buy warplanes from shrinking defense giant Boeing.
Steve Parker | Posted 05.25.2011
Another "Hail Mary" from GM? Or the real thing? Starting today and running through November, General Motors is offering buyers of their Core Four bra...
AP | LOUISE NORDSTROM | Posted 05.25.2011
STOCKHOLM — Saab Automobile, General Motors Corp.'s struggling Swedish unit known for its family cars, was rescued Tuesday by a consortium led b...
Steve Parker | Posted 05.25.2011
General Motors must drop their Buick and GMC divisions. And do it now. The number of people already put out of work by the Amazingly-Shrinking Genera...
The Huffington Post | Ryan McCarthy | Posted 05.25.2011
When General Motors filed for bankruptcy earlier this week, the century-old automaker announced that it would quickly cut a number of brands. The new ...
Nathan Hegedus | Posted 05.25.2011
Reminded of what America stands for -- a nation of pure individuals -- I admit I fell prey to "socialism" after all those years as a "liberal."
AP | KARL RITTER | Posted 05.25.2011
STOCKHOLM — General Motors Corp.'s Swedish-based subsidiary Saab went into court protection from creditors Friday so the unit can be spun off or...
Wall Street Journal | MIKE SPECTOR | Posted 05.25.2011
General Motors Corp. could shed its Saturn and Hummer brands as part of its viability plan submitted to the Obama administration Tuesday. The future o...
Steve Parker | Posted 05.25.2011
Incidentally, GM got another $4 billion Tuesday after turning in their plan. Were you ever rewarded that much just for doing your homework?
Steve Parker | Posted 05.25.2011
While GM and Chrysler both remain on life support (and Ford has also been talking with the government about a credit line or loan), the car and truck business around the world is not doing much better than Detroit.
AP | MALIN RISING | Posted 02.18.2012