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STOCKHOLM -- The Chinese-backed company that bought Sweden's Saab Automobile out of bankruptcy has filed for bankruptcy protection itself. National Electric Vehicle Sweden AB said on Thursday that ...
Saab Automobile AB's corporate parent announced a deal to sell the Swedish carmaker to two Chinese companies in an effort to save the automaker from bankruptcy. Zhejiang Youngman Lotus Automobile ...
Swedish Automobile NV, the Dutch owner of Saab Automobile AB, Friday said it is aware of reports in Swedish media saying the troubled Swedish car maker is considering applying to court for ...
A decision date on whether Saab Automobile AB will retain its creditor protection has been postponed until next week, giving the troubled Swedish car maker more time to finalize a funding deal ...
Saab Automobile’s appears closer to collapse, with Chinese investors getting cold feet and a court-appointed administrator recommending that the company’s reorganization process be halted.
Those individuals are the brand's top two executives — Victor Muller, chief executive officer of Spyker Cars NV and chairman of Saab Automobile AB, and Jan Ake Jonsson, CEO of Saab Automobile AB.
Jan Åke Jonsson, CEO of Saab Automobile AB said: "Today's announcement is excellent news for the Saab organization as a whole and also for Saab's customers.
Last week, Saab Automobile AB announced that it had closed on the sale of certain Saab 9-3, current 9-5 and powertrain technology and tooling to Beijing Automotive Industry Holdings Co. Ltd. (BAIC).
General Motors and Koenigsegg Group AB Reach Tentative Agreement on Saab Deal will secure Saab’s future EIB expected to provide $600 million financing with state guarantee by the Swedish ...
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