saab

There may be one final sad truth to the history of Saab: in bankruptcy, the pieces that once made up the whole of the brand are worth more than the brand itself.

It’s official. Saab, along with its Saab Powertrain subsidiary, has filed for bankruptcy with a Swedish court this morning.

Following previous owner GM’s recommitment over the weekend to block any deal for the purchase of Saab, Chinese firm Youngman has finally thrown in the towel and...

Saab Automobile filed for bankruptcy on Monday after attempts by Chinese investors to take over the loss-making brand were blocked by previous owner General Motors Co.

Reuters is reporting that a Swedish newspaper stated that Youngman dealt out around $5 million to cover taxes and expenses, as well as another payment of $26.42 million that will show up on December 14 to deal with unpaid salaries.

The Swedish automaker will also get $13.18 million by the end of the year. Saab is back...

If Saab is to have any success under (potential) new owners Pang Da and Youngman, a fresh version of the company’s bread and butter 9-3 model is an absolute necessity.Thankfully, an image leaked by Swedish website SVD Näringsliv indicates that Saab is well on its way to completing an all-new 9-3.

Two Chinese companies have reached a tentative deal to take over struggling car maker Saab for euro100 million , the company's owner Swedish Automobile said Friday.

Cut loose by U.S. owners, Saab became an entrepreneur's long-odds dream, while Volvo thrived.

Saab’s cash crunch is nothing new, but the matter is finally coming to a head. The car maker’s first bankruptcy hearing is scheduled for September 26.

In the meantime, it’s business as usual for Saab.

Remember the halcyon days when you enjoyed a root beer float at the A&W drive-thru? You better enjoy it now because A&W may not be around much longer.

Same goes for Sears, Saab, Nokia and these other brands.

Following yesterday’s assurance that Saab “is not on the verge of collapse,” the Swedish automaker has once again stopped production due to payment disputes with its largest suppliers.

Saab stopped production for three days last week under similar circumstances.