Saab


Swedish automaker SAAB has gone through a lot of tough times lately. They’ve finally hit rock-bottom, going bankrupt in 2011. Their vehicles were quirky, yet luxury oriented and safe. Saab these days is looking to sell its assets, with two Chinese companies looking to make the move.


Latest Articles

Last New Saabs in US Head to Auction

Last New Saabs in US Head to Auction

A stockpile of about 900 Saabs is finally set to be sold off after having sat in three U.S. ports since December 2011 as collateral in the company’s financial snafu. 

Saab Parts UK Will Continue Production

Saab Parts UK Will Continue Production

The story behind Saab’s death as a company, prolonged struggle to sell and recent rebirth as a company that will make EVs probably has present owners in the U.K. breathing a sigh of relief.

Saab Sold to National Electric Vehicle Sweden

Saab Sold to National Electric Vehicle Sweden

The what seems to be the never-ending saga of Saab‘s bankruptcy may finally be at an end. It appears that a deal has been struck with the National Electric Vehicle Sweden (NEVS), a Swedish-registered firm that made a bid late last month.

Saab Automobile Parts Opens in U.S.

Saab Automobile Parts Opens in U.S.

While the ongoing saga of Saab‘s bankruptcy seems to have no end, the Swedish automaker’s parts and service division has expanded to North America, offering the half a million Saab owners in the U.S. service for their vehicles.

Saab May Sell to Swedish Electric Car Company

Saab May Sell to Swedish Electric Car Company

Time and time again, China’s Youngman tried, and failed, to buy Sweden’s now defunct Saab, but it looks like an eligible bidder might have finally entered the circle with a chance to acquire the company.

Saab Enthusiasts Setup Online Donation to Buy the Last Saab Produced

Saab Enthusiasts Setup Online Donation to Buy the Last Saab Produced

The saga of Saab‘s bankruptcy seems to be never ending, but that hasn’t dampened the spirits of Saab enthusiasts. The last Saab 9-3 Griffin is scheduled to come off the production line at the end of this month, and SaabsUnited is hoping to purchase the vehicle and place it at the Saab Cars Museum.

Deadline for Final Bids on Saab is April 10

Deadline for Final Bids on Saab is April 10

As the Saab bankruptcy saga starts to come to a silent end, or so we hope, the deadline for companies to place their final bids for the Swedish carmaker has been set for April 10th. Currently, the only company that has publicly registered its interest is Chinese automaker Youngman that has been in the picture…

Hundreds Of New Saabs Found At New Jersey Port

Hundreds Of New Saabs Found At New Jersey Port

Since Saab‘s bankruptcy, multiple automakers and outfits have expressed interest in purchasing the Swedish marque albeit no deals were sealed. As for Saab Cars North America (SCNA), the distribution company continues its fight against an involuntary bankruptcy filing in Delaware by its dealers and is working to move the case to Michigan. In the meantime,…

Saab 9-3 TTA Race Car Hits the Track – Video

Saab 9-3 TTA Race Car Hits the Track – Video

Despite the demise of the Saab automaker, racing team Tidö and Flash Engineering are hard at work developing and performing shakedown tests on their new Saab 9-3 TTA race car that will compete in the Swedish Racing Elite League. Recently, the Saab 9-3 TTA was seen conducting first round testing in France with Swiss driver Fabian…

Saab 9-3 TTA Race Car Breathes Life into Brand

Saab 9-3 TTA Race Car Breathes Life into Brand

The future of Swedish automaker Saab is still up in the air, but that hasn’t dampened the spirits of Saab enthusiasts that still love their cars. Flash Engineering has just unveiled the 9-3 TTA race car that will compete in the Swedish Racing Elite League this year. In a way it’s nice to see that…

Victor Muller and Spyker Rise From Saab’s Ashes

Victor Muller and Spyker Rise From Saab’s Ashes

Despite the tragic demise of the Saab brand, former Saab CEO Victor Muller isn’t going to quit just yet. Found wandering around the 2012 Geneva Motor Show during its first press day, Victor Muller announced, “I’m a reborn man!” Victor Muller elaborated upon the proclamation and revealed details to keep Spyker Cars, the Dutch hand-made…

Collectors Team Up to Buy Saab Heritage Collection

Collectors Team Up to Buy Saab Heritage Collection

With both men recognized in the Saab community as serious collectors, enthusiasts and specialist mechanics, there’s no question that despite being split in half, the cars in the Heritage Collection have indeed gone to good homes.

Volvo Bids to Buy Saab Assets

Volvo Bids to Buy Saab Assets

Swedish automaker Saab is attracting more interest dead than alive. The officially bankrupt automaker is in the process of liquidating its assets and former rivals are lining up to buy a piece of the much-talked-about but little-bought maker of quirky cars. Recent reports indicated that German automaker BMW was interested in purchasing Saab, but we…

BMW One of Multiple Bidders Interested in Saab

BMW One of Multiple Bidders Interested in Saab

The ongoing saga around Saab’s bankruptcy seems to never end, and this time around there may be six to seven serious bidders for the Swedish automaker, one of which is believed to be BMW. At their weekly press conference, the company touched on its pressing salary situation for its current employees and mentioned that it…

Saab Dealerships Seek New Manufacturers

Saab Dealerships Seek New Manufacturers

Nails just keep dropping in Saab‘s coffin, despite Chinese company Youngman’s attempts to sway the tide otherwise. The latest detail in what’s become a sad saga of failure has to do with dealerships and their reaction to being caught in the fallout. It’s probably easy to forget, but if an automaker goes belly-up, the folks…

Saab North American Heritage Collection Goes up for Auction

Saab North American Heritage Collection Goes up for Auction

McTevia & Associates, the legal firm brought in to deal with Saab North America’s creditors and dispose of its remaining assets, announced that cars in the Heritage Collection will be sent to auction (bids had to be registered before Friday, February 10 at 12 noon Eastern).

Saab’s EU Loan Paid off by Swedish Government

Saab’s EU Loan Paid off by Swedish Government

Now, the Debt Office has reported that the outstanding balance on the loan (equivalent to some $325 million) has been paid, making the Swedish government the former automaker’s largest creditor.

Saab Museum Saved from Liquidation

Saab Museum Saved from Liquidation

Last week we reported the news that Saab was auctioning off the vehicles in its museum, with over 120 different models looking to be separated from one another. It appears that Saab enthusiasts and the city of Trollhättan, where the museum is located, wasn’t too keen on that idea. The museum has been saved thanks…

Turkish Private Equity Firm Confirms Saab Bid in the Works

Turkish Private Equity Firm Confirms Saab Bid in the Works

A Turkish private equity firm, Brightwell Holdings, has announced its interest in placing a bid on now bankrupt Swedish automaker, Saab. The firm, based out of Istanbul, invests in energy, transport and technology and wishes to buy all of Saab and wishes to keep production in Sweden. “We will make a bid very shortly, there’s…

Youngman Extends Another Bid For Saab

Youngman Extends Another Bid For Saab

Just when it seemed Saab would be gone from news headlines for good, Youngman swooped in again to make a bid. Apparently the company hasn’t given up on getting Saab back up and running. According to Dagens Industri, a Swedish business news organization, the Chinese firm is submitting a £430 million offer, or about $560 million….

Saab Bankruptcy Endangers Spyker Existence

Saab Bankruptcy Endangers Spyker Existence

Bold and ambitious, Victor Muller founded Spyker Swedish exotic sports cars before purchasing Saab, believing in its return to past glory under his leadership. Confident in his abilities, Muller’s gamble on Saab put Spyker in danger as well. Following Saab’s devastating bankruptcy, Swedish Automobile N.V. (Swan for short, formerly Spyker Cars N.V.) have announced that there…

Saab Museum Cars To Be Auctioned Off

Saab Museum Cars To Be Auctioned Off

Next on the chopping block for Saab is the auctioning of over 120 Saab models from the Swedish automaker’s museum at its headquarters in Trollhättan. Car collectors from all around the world will now have the opportunity to own some very rare and even one-off concept models from Saab’s museum including their UrSaab prototype, the automaker’s…