CEO Says Spyker To File Final Saab Bid by Jan 7, 2010
Jan 4, 2010
AMSTERDAM, Jan 4, 2010; Gilbert Kreijger and Simon Johnson writing for Reuters reported that Dutch luxury car maker Spyker Cars is working on its final offer for General Motors' Saab assets and will file its bid by a January 7 deadline, Spyker's chief executive said on Monday. Swedish daily Dagens Industri said on Mond ... Continue reading
Jan 4, 2010
General Motors are due to announce their plans for Saab on 7th January. It is touch and go whether the brand will be sold or closed. According to Used Car Expert Magazine prices on Saabs have been depressed for the last 18 months ... Continue reading
Report Says Spyker CEO Expects Saab Decision This Week
Dec 29, 2009
STOCKHOLM December 28, 2009; Reuters treported that Spyker Cars' chief executive expects a decision in days on whether the company has been successful in a bid to buy Sweden's Saab Automobile from U.S. parent General Motors . "We expect a decision from GM this week," Spyker CEO Victor Muller was quoted by daily Svenska ... Continue reading
Saab Deal Still Breathing - Stryker Makes New Offer to GM
Dec 22, 2009
AMSTERDAM, Dec 22, 2009; Gilbert Kreijger writing for Reuters reported that Spyker Cars pressed ahead with efforts to cut a deal for Saab with General Motors, with talk of possible backing from a Dutch billionaire fanning the Swedish carmaker's faint hopes of an eleventh-hour reprieve. Shares in the Dutch luxury carmak ... Continue reading
Spyker Cars Renews Offer for Saab That Removes Last Hurdles - VIDEO ENHANCED
Dec 20, 2009
SEE ALSO: ZEEWOLDE, The Netherlands - December, 20 2009: Following the announcement on Friday that the intended sales terms of Saab Automobile AB between Spyker and General Motors (GM) could not be finalized, the Spyker leadership has submitted a renewed offer in the hopes of securing a future for Saab, its employees a ... Continue reading
Volvo... Saab... IKEA - What an Idea!
Dec 18, 2009
By Marc J. Rauch Exec. Vice President/Co-Publisher What to do with Volvo? Hmm, too good of a car and carmakers to lose. What to do with Saab? Also a good car with plenty of positive aspects. Whatâs the hottest name in Swedish and Scandinavian brands: IKEA What could bring these two Swedish carmakers together and k ... Continue reading
Saab Sale Cannot Be Concluded - Buh Bye Saab
Dec 18, 2009
Brand to be Wound Down DETROIT, Dec. 18 -- General Motors announced today that the intended sale of Saab Automobile AB would not be concluded. After the withdrawal of Koenigsegg Group AB last month, GM had been in discussions with Spyker Cars about its interest in acquiring Saab. During the due diligence, certain issue ... Continue reading
2010 North American Car Of The Year Nominees
Dec 17, 2009
NORTH AMERICAN CAR AND TRUCK OF THE YEAR NOMINEES By Steve Purdy TheAutoChannel.com Detroit Bureau Good news for GM and Ford came out of a press conference at the Automotive Press Association in Detroit yesterday as four of the six finalist were from the Detroit manufacturers. An exceptionally large group of journalist ... Continue reading
Dec 15, 2009
Lack of Awareness and Styling Are Obstacles to Consideration for Many New-Vehicle Launches WESTLAKE VILLAGE, Calif., Dec. 15 -- Nearly one in five new-vehicle buyers who avoid a particular vehicle model cite their concern over the future of the brand as a reason for avoidance, according to the J.D. Power and Associates ... Continue reading
BAIC Paid $197 mln for Saab Assets
Dec 14, 2009
STOCKHOLM, Dec 14, 2009; Reuters reported that Beijing Automotive Industry Holding Co (BAIC) paid 1.4 billion crowns ($197 million) to buy the intellectual property rights and equipment to make Saab's 9-5 and 9-3 sedans, daily Dagens Industri reported on Monday. BAIC, China's fifth-largest automaker, said earlier on Mo ... Continue reading
Spyker Still in Saab Talks, BAIC Signs Asset Deal
Dec 14, 2009
STOCKHOLM/AMSTERDAM December 14, 2009; Simon Johnson and Catherine Hornby writing for Reuters reported that sports-car maker Spyker is still in talks to buy Saab, the Dutch company's top executive said on Sunday after a report China's BAIC had agreed with General Motors (GM.UL) to buy some of the Swedish company's asse ... Continue reading
Saab Automobile and Beijing Automotive Reach Milestone in Technology Cooperation
Dec 14, 2009
Saab, Saab Automobile ... Continue reading
WSJ Reports BAIC Inks Deal for Some Saab Assets
Dec 13, 2009
STOCKHOLM, Dec 13 (Reuters) - Saab can still find a buyer for the whole firm, a spokesman for the loss-making auto maker said on Sunday after The Wall Street Journal reported China's BAIC had agreed with General Motors [GM.UL] to buy some of the Swedish company's assets. Saab, one of Sweden's best known brands, has bee ... Continue reading
Ed Whitacre's Secret Plan To Save GM
Dec 9, 2009
Taxpayers looking for answers may have to wait awhile. DETROIT December 8, 2009; Joann Muller writinbg for Forbes reported that new General Motors Chairman Edward E. Whitacre Jr. was quick to dismiss the automaker's former chief executive after just eight months on the job, saying GM wasn't moving fast enough. But if W ... Continue reading
Surprise Spyker Cars bid on Saab
Dec 3, 2009
By Henny Hemmes Senior Editor Amsterdam Bureau The Autoi Channel Los Angeles December 3, 2009; Just before General Motors shocked the media by its surprise � divorce� of CEO Fritz Henderson on Tuesday afternoon, there was another remarkable event that could be mighty important for the survival of the Saab ... Continue reading
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