On Sunday, the Financial Times reported Fiat was in the process of negotiating a deal with General Motors’ European operations to take a stake in Opel, Vauxhall and Saab. Although both Fiat and its CEO, Sergio Marchionne, have confirmed talks are ongoing to acquire GM Europe while working on its partnership with Chrysler, according to [...]
At this point, it’s not a certainty that Saab or even parent company General Motors will still be in the car business in the year 2012, but let’s not let that tidbit get in the way of an interesting concept car. Authored by Mayeul Walser, a fourth year design student at Creapole-ESDI, the Saab Fashionista [...]
Two weeks ago, Saab indicated that there were nearly 20 parties interested in purchasing the bankrupt Swedish automaker. Today, Saab reports that number has swelled to 27, but an unnamed source (aren’t they all?) tells Bloomberg that there are really only half a dozen serious bidders under consideration. Interestingly, that number does not include any [...]
Saab’s headed to court on Monday, where the ailing automaker hopes to get further permission to continue trying to find new ownership or investors. General Motors will be booting the brand from its corporate nest by 2010, and the Swedish courts will decide if the brand Born from Jets will die from apathy.
Saab wants to [...]
Glimmers of hope are arguably about all Saab has to hang onto now, but the Swedish brand hasn’t stopped reaching for them. Saab is currently in bankruptcy proceedings while parties on both sides look to extricate the quirky automaker from parent General Motors’ web.
Getting ready for that eventual separation, and to entice a buyer to [...]
General Motors has been heavy in the entertainment sponsorship game, with a variety of scripted programs, award shows, and movies at some point being tied to GM product. Bumblebee has undoubtedly paid dividends for the new Camaro, and now the spy drama “Burn Notice,” on USA Network, has done something of the same for Saab.
An [...]
Two months. That’s how long the world will have to wait for Saab to identify its new owner, according to Managing Director Jan-Ake Jonsson. Although he didn’t specifically mention candidates, Jonsson told Automotive News Europe that, “There are about five we want to talk to. There are a couple more we are also looking into.” [...]
Saab debuted its 9-3X at the Geneva Motor Show, and while it’s a new market for the Swedish brand (we’ll try to forget about the body-on-frame 9-7X, thank you), we suspect that the lifted load-lugger will probably outsell the standard SportCombi by a healthy margin Stateside, given America’s appetite for such things.
It’s quite handsome in [...]