With the news of Saab’s demise people have taken to Twitter to express their sorrow at the loss of an iconic and quirky car marque. But also to blame the bankruptcy on previous Saab owner General Moto...
Author: Richard Lawton, Dec 20 2011
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9-5
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Saab
After months of negotiations it seems a common agreement for saving Saab cannot be reached, as it has been announced this morning that the carmaker has filed for bankruptcy in Sweden. It is thought...
Author: Richard Lawton, Dec 19 2011
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9-5
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Saab
Saab GB has gone into administration in the latest twist regarding the manufacturer’s struggles. Production has been on hold during negotiations to get the cash-strapped Swedish brand back on its fe...
Author: John Simpson, Nov 29 2011
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Saab
Against all odds, Saab may finally now have been saved. After a tumultuous few months that have seen production stopped for a full six months, union calls for the firm to be made bankrupt and Saab bos...
Author: Richard Aucock, Nov 04 2011
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9-5
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Saab
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Weekly Column
Swedish carmaker Saab has revealed more of its plans to escape the clutches of its creditors and secure long term profitability. Key to the plan is the MOU signed last week with Youngman and Pang Da w...
Author: Richard Lawton, Nov 01 2011
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Saab
With more twists and turns than a Hollywood thriller it finally looks like Saab has a future after it was announced today that a memorandum of understanding has been signed between Swedish Automobil...
Author: Richard Lawton, Oct 28 2011
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Saab
Swedish carmaker Saab’s battle to stave off the creditors has taken an unexpected turn with the announcement that it has received a commitment from North Street Capital to supply cash for 2,386,635 or...
Author: Richard Lawton, Oct 21 2011
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Saab
Swedish carmaker Saab has received approval for their proposal for voluntary reorganisation (similar to US-style bankruptcy protection) from the Court of Appeal in Gothenburg, following the initial ap...
Author: Richard Lawton, Sep 21 2011
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Saab
Carmaker Saab has filed for voluntary reorganisation at a district court in Sweden. The troubled manufacturer has been struggling with short term funding issues for several months and this latest mo...
Author: Richard Lawton, Sep 07 2011
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Saab
Troubled carmaker Saab has revealed that there is a risk that it will fail to pay August wages on time, as the carmaker battles to raise short term funds. The manufacturer is blaming the lack of spee...
Author: Richard Lawton, Aug 24 2011
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Saab