#saab

Left languishing in the wake of Saab’s failure, Swedish luxury supercar maker Spyker desperately needs investors to stay afloat but it may be too much to ask for the company to overcome its current catch-22. 

The new owner of Swedish company Saab is seeking the rights to use the Saab name and logo on a new generation of electric cars. 

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. 

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.

The future of Saab will have less to do with airplanes and more to do with household appliances, with the news today that a Chinese-Japanese investment group has purchased the bankrupt Swedish automaker.

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.

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.

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.

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.

Back in 2009, Beijing Auto was able to purchase the rights to several Saab platforms, engines and transmissions. Now that buyout will result in the C70, set to debut at the upcoming Beijing Motor Show.

Alright, so it’s not actually a new Saab per se, but the C70 is one of three Saab-based models that Beijing Auto hopes to launch shortly. Despite having the rights to the Swedish automaker’s platform and some of its drivetrains, Beijing Auto had to come up with a new body for the car. Rumors have us to believe that Italy’s Pininfarina was tasked with the job.

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.

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.

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.

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.

Despite the tragic demise of the Saab brand, former Saab CEO Victor Muller isn’t going to quit just yet.