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...
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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… Continue Reading...
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...
Having just signed a deal with two Chinese partners, Saab chief Victor Muller has immediately shown he knows how to work the media. Rather than sit quietly, Muller has already announced plans to build three new models, while a new joint-venture arrangement secures medium-term funding for the production of Saabs current lineup. Two of the… Continue Reading...
Saab appears to have yet again found a savior in China, announcing a joint venture with Pangda Automobile Trade Co., the largest distributor of vehicles in the world’s largest car market. The deal will see Pangda purchase 30 million Euros ($42.5 million) in Saab vehicles, with a second purchase of 15 million Euros ($21 million)… Continue Reading...
It might start to be a real sob story over at Saab, if the Swedish automaker can’t find a partner to help finance operations and help get production restarted. News of a most recent deal with Chinese automaker Great Wall might be little more than a rumor, with the Associated Press now reporting a Great… Continue Reading...
Saab’s partnership with Chinese automaker Hawtai could see the ill-fated Swedish luxury brand use its dealer network to sell cheap Chinese cars in America, with some priced at the magic $10,000 mark. “We laughed when the Japanese came,” Victor Muller, Saab’s chairman, told Automotive News. “We laughed when the Koreans came. But we will not… Continue Reading...
Saab is hitting the road in an effort to promote its new financial backers, but the road show will have to wait for approval from several authorities who must approve Saab’s transactions with China’s Hawtai Motor Group and Russian financier Vladimir Antonov. CEO Victor Muller will target major media events and car shows in an… Continue Reading...
Saab has halted production yet again amid another dispute with suppliers. Saab representatives declined to say how long the production stoppage would last, but said that they were in discussions with their suppliers to resolve the matter. Saab’s parent company Spyker said that last week’s production stoppage was related to unpaid bills. In an interview… Continue Reading...
After a tiff with suppliers who had halted their parts deliveries, Saab has now resumed production at its main factory. Like a deadbeat dad, Saab had stopped paying their suppliers. But the company had an excuse, and a potential solution: after their sales plummeted for the last few years, they appealed to former Spyker chairman… Continue Reading...
Saab CEO Jan Ake Jonsson will retire from Saab on May 19th, with the 59 year old executive leaving Saab during a tumultuous time. Saab Chairman Victor Muller will act as interim CEO as a search for a replacement gets underway. Jonsson, who was reportedly planning to retire regardless of the situation, will assist with… Continue Reading...
Russian billionaire Vladamir Antanov isn’t done with Saab yet. Forced out of the Saab deal when General Motors sold off the Swedish automaker to Spyker, he recently re-acquired the Spkyer brand from the combined Saab Spyker Automobiles through a British coachbuilder he’s heavily invested in. Now Antanov is stirring up trouble suggesting Saab might miss… Continue Reading...
Saab‘s proposed 92 small premium model could ride on a BMW platform say recent reports. According to Swedish outlet Dagens Industri BMW and Saab are holding talks on sharing both platforms and engines. Saab CEO Victor Muller has commented that his company is in talks with several other automakers over sharing technology for the new… Continue Reading...
Saab will decide within the next 100 days if it will move ahead with plans to introduce a small premium 92 model to compete with vehicles like the MINI Cooper, Audi A1, BMW 1 Series and Mercedes B Class. Company CEO Victor Muller gave more details on the still conceptual model, commenting that while it… Continue Reading...
Saab/Spyker CEO Victor Muller has confirmed that select Saab dealerships will sell exotic models from the Dutch sports car maker. In an interview with Bloomberg, Muller commented that Spyker will look to expand its dealership network (made mostly of exotic car dealerships like Bentley) from 35 to 60 this year. The plan is to then… Continue Reading...
Rumors have floated around about Saab‘s planned 9-2 MINI competitor, but now company CEO Victor Muller has confirmed the Swedish automaker is in talks with other manufacturers about the project. Muller told Bloomberg that Saab is looking to work with another automaker over technology to develop a new small car platform for the 9-2. It’s… Continue Reading...
The sale of Saab to Spyker was delayed due to suspicions that one of the Dutch exotic car maker’s major shareholders had ties to the Russian mafia. According to a recent report by Swedish newspaper Dagens Industri, the Swedish security force Sapo investigated former Spyker shareholder Alexander Antonov and determined that there was “strong suspicion”… Continue Reading...
Later this week General Motors is expected to pronounce on the fate of its loss-making Swedish unit, with a potential purchase by Dutch exotic car maker Spyker still a possibility. In an interview with AOL Autos, Spyker CEO Victor Muller discussed many of his plans to rejuvenate Saab, as well as another plan to sell… Continue Reading...
There are almost too many stories and rumors about Swedish automaker Saab to keep up with, as the latest reports suggest not one but two Dutch billionaires are involved in a new deal that would see Spyker purchase the loss-making division from General Motors. Dutch business daily Het Financieele Dagblad suggests Dutch media tycoon John… Continue Reading...
Those digging the grave for Saab might want to put their shovels down after Spyker Cars has submitted a new proposal to purchase the Swedish automaker from General Motors. On Friday GM announced that a deal could not be reached and said it would begin an orderly wind down for Saab. According to Spyker CEO… Continue Reading...