Saab Files for Bankruptcy Protection

Saab Files for Bankruptcy Protection
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Another week and another sob story regarding Saab. The troubled automaker has just applied for protection from creditors, and is trying to avoid the bankruptcy petition made by the unions. A once thriving manufacturer that made fighter aircraft, trucks and automobiles, the auto division of this 65 year-old company has been struggling ever since General… Continue Reading...

Spyker Says Saab Won’t Meet 2011 Production Targets

Spyker Says Saab Won’t Meet 2011 Production Targets
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In a further effort to help restart production, Saab also said that it was raising funds from shareholders, “pursuing various initiatives to improve the group’s liquidity” in the words of the company, but declined to elaborate any further. Continue Reading...

OnStar Partners with Saab after Break-Up with GM

OnStar Partners with Saab after Break-Up with GM
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Brad and Jennifer. Ben and J.Lo. OnStar and General Motors. It’s always sad when a power couple breaks up and goes their separate ways. But it looks like OnStar is going to keep custody of a mutual friend. It turns out that Saab, which GM sold to Dutch sports carmaker Spyker Cars NV in February,… Continue Reading...
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