Saab parent, Spyker Cars, said that Hawtai was unable to obtain all the necessary consents, as a result; the arrangement has been terminated with immediate affect, though there still is the possibility the two companies might continue discussions, albeit on a non-exclusive basis.
Continue Reading...
Saab’s partnership with Chinese automaker Hawtai could see the ill-fated Swedish luxury brand use its dealer network to sell cheap Chinese cars in America, with some priced at the magic $10,000 mark. “We laughed when the Japanese came,” Victor Muller, Saab’s chairman, told Automotive News. “We laughed when the Koreans came. But we will not...
Continue Reading...
Federal regulators are investigating 865,000 General Motors SUVs, including the 2005-’07 Chevrolet Trailblazer and Buick Rainier,for faulty fuel gauges that are inaccurate. The 2005-’06 Chevrolet Trailblazer EXT, the 2005-’07 GMC Envoy, the 2005-’06 GMC Envoy XL and the 2005-’07 Saab 9-7X are also affected vehicles being investigated. 668 complaints regarding the vehicles having defective fuel gauge readings...
Continue Reading...
Saab is hitting the road in an effort to promote its new financial backers, but the road show will have to wait for approval from several authorities who must approve Saab’s transactions with China’s Hawtai Motor Group and Russian financier Vladimir Antonov. CEO Victor Muller will target major media events and car shows in an...
Continue Reading...
Saab has been rescued from near-collapse yet again after an agreement was signed with China’s Hawtai Motor Group. The agreement will form a joint venture for manufacturing, distribution and technology between Saab owner Spyker and Hawtai. It will also provide $222 million in funding for Saab, ending the Swedish automaker’s halt in production caused by...
Continue Reading...
With Saab parent company Spyker Cars having secured a 30 million euro short-term loan, Saab vehicles will now resume production after a payment dispute with suppliers forced them to suspend their operations. Saab CEO Victor Muller released a statement to the media, remarking “I would like to apologize to our dedicated employees, suppliers, dealers and customers...
Continue Reading...
Vladimir Antonov, Russian banker, investor, billionaire, and perennial runner-up for Most Interesting Man In The World Award, has been cleared by the Swedish National Debt Office to become a shareholder in Spyker, and ultimately Saab. Despite possible connections with organized crime that any Russian billionaire is expected to hold in the first place, Antonov has...
Continue Reading...
Saab’s attempt at selling off assets to a Russian financial magnate Vladimir Antonov has stalled after the European Investment Bank told the Swedish auto maker to essentially find a new partner within a set time frame. The EIB and other parties have expressed concerns regarding Antonov’s reported Russian mafia connections. All parties involved are understandably...
Continue Reading...
According to website Saabs United (sounds more like a soccer team if you ask us), the Swedish government has given Saab the go-ahead to secure more funding from a European bank.
Continue Reading...
Saab parent company Spyker held talks with parts suppliers Thursday, in a bid to restart production that has been halted over a dispute regarding unpaid bills. The scandal has been a blight on Saab’s efforts to re-structure after a tumultuous year of teetering on the brink of bankruptcy. “We’re expecting that we could resume normal...
Continue Reading...
Saab has halted production yet again amid another dispute with suppliers. Saab representatives declined to say how long the production stoppage would last, but said that they were in discussions with their suppliers to resolve the matter. Saab’s parent company Spyker said that last week’s production stoppage was related to unpaid bills. In an interview...
Continue Reading...
However; for the 9-4 X; out going Saab CEO Jan Ake Johnsson says that the 3.0-liter V-6 as used in the base SRX and the 2.8-liter turbo will remain the only engine options.
Continue Reading...
After a tiff with suppliers who had halted their parts deliveries, Saab has now resumed production at its main factory. Like a deadbeat dad, Saab had stopped paying their suppliers. But the company had an excuse, and a potential solution: after their sales plummeted for the last few years, they appealed to former Spyker chairman...
Continue Reading...
Saab CEO Jan Ake Jonsson will retire from Saab on May 19th, with the 59 year old executive leaving Saab during a tumultuous time. Saab Chairman Victor Muller will act as interim CEO as a search for a replacement gets underway. Jonsson, who was reportedly planning to retire regardless of the situation, will assist with...
Continue Reading...
Saab and German parts manufacturer ZF will establish a new facility in Saab’s hometown of Trolhattan, Sweden, that will build suspension components for their upcoming Phoenix platform cars, one of which will be the next 9-3 sedan. The plant, which will employ 50 people, will produce front subframes and rear axles for the new cars....
Continue Reading...
Saab could have taken the easy way out and upgraded the vehicle architecture of the current 9-3. But instead, they have started work on an entirely new and versatile platform to underpin their 9-3, 9-5 and even larger future models, a move that is far more costly and time-consuming. Then again, the current 9-3 chassis...
Continue Reading...
Proving the worth of social media (forums in particular), Saab has just hired on SaabsUnited.com forum founder Steven Wade. Swade, as he’s known on the forum and blog, will be in charge of the social media presence for the Swedish automaker as it searches to reinvent itself. In a post on the SaabsUnited home page,...
Continue Reading...
The program includes items such as engine tuning kits, alloy wheels, body upgrades, cargo items and other features.
Continue Reading...
Saab has created a Facebook page that allows fans of the Swedish meatball to create their own Saab-related page banners, and some may be chosen by Saab to run on AOL, MSN, the New York Times, and Wired, among other influential websites. Created by McCann Worldgroup Detroit, “The Story of Saab” is an interactive program on...
Continue Reading...
Russian billionaire Vladamir Antanov isn’t done with Saab yet. Forced out of the Saab deal when General Motors sold off the Swedish automaker to Spyker, he recently re-acquired the Spkyer brand from the combined Saab Spyker Automobiles through a British coachbuilder he’s heavily invested in. Now Antanov is stirring up trouble suggesting Saab might miss...
Continue Reading...
They still build the 9-3? You betcha, bucko, and they still like the 9-3 enough to give it a few more last hurrahs. But as fans of the original 900 know, all good things must come to an end – and when the replacement for the 9-3 is launched, it will draw much of its...
Continue Reading...
Reborn from the ashes of a crumbling auto industry last year, Saab‘s latest concept is appropriately named PhoeniX. The creation of Saab’s new design boss Jason Castriota, the PhoeniX is anything but beautiful. It is, however, an interesting look at what the Swedish automaker will bring to market in the near future. Perhaps the most...
Continue Reading...
The turbo gas engines come in two different forms, rated at 163 or 220 hp. Saab says that equipped with these engines, fuel economy and emissions on the 9-3 are improved by around four percent.
Continue Reading...
Spyker Cars, a Dutch sports car company no one would know of were it not for its purchase of Saab from GM, has just announced its own sale. Sort of. The current company known as Saab Spyker Automobiles will retain Saab, but sell off the niche-market Spyker brand for $44 million to CPP Global Holdings...
Continue Reading...
sidebar...
