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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.

Spyker Sues GM for $3 Billion Over Saab Buyout

Spyker Sues GM for $3 Billion Over Saab Buyout
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Here we go again. Just when we thought the Saab buyout saga would be coming to a quiet conclusion, Dutch automaker Spyker has filed a lawsuit against General Motors on behalf of Saab, accusing GM of intentionally driving Saab into bankruptcy. Continue Reading...

Saab Sold to National Electric Vehicle Sweden

Saab Sold to National Electric Vehicle Sweden
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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. Continue Reading...

Saab Enthusiasts Setup Online Donation to Buy the Last Saab Produced

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Saab Enthusiasts Setup Online Donation to Buy the Last Saab Produced
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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. Continue Reading...

Deadline for Final Bids on Saab is April 10

Deadline for Final Bids on Saab is April 10
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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… Continue Reading...

Hundreds Of New Saabs Found At New Jersey Port

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Hundreds Of New Saabs Found At New Jersey Port
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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,… Continue Reading...

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

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Saab 9-3 TTA Race Car Hits the Track – Video
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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… Continue Reading...

Saab 9-3 TTA Race Car Breathes Life into Brand

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Saab 9-3 TTA Race Car Breathes Life into Brand
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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… Continue Reading...

Victor Muller and Spyker Rise From Saab’s Ashes

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Victor Muller and Spyker Rise From Saab’s Ashes
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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… Continue Reading...

Collectors Team Up to Buy Saab Heritage Collection

Collectors Team Up to Buy Saab Heritage Collection
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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. Continue Reading...

Volvo Bids to Buy Saab Assets

Volvo Bids to Buy Saab Assets
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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… Continue Reading...

BMW One of Multiple Bidders Interested in Saab

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BMW One of Multiple Bidders Interested in Saab
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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… Continue Reading...

Saab Dealerships Seek New Manufacturers

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Saab Dealerships Seek New Manufacturers
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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… Continue Reading...

Saab North American Heritage Collection Goes up for Auction

Saab North American Heritage Collection Goes up for Auction
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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). Continue Reading...

Saab Museum Saved from Liquidation

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Saab Museum Saved from Liquidation
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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… Continue Reading...

Turkish Private Equity Firm Confirms Saab Bid in the Works

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Turkish Private Equity Firm Confirms Saab Bid in the Works
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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… Continue Reading...

Youngman Extends Another Bid For Saab

Youngman Extends Another Bid For Saab
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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…. Continue Reading...
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