Tag Archives: Saab company

Press Release: SAAB AUTOMOBILE FILES FOR BANKRUPTCY

December 19, 2011 10:25 Line

By: Swade

Comments (35)

Zeewolde, The Netherlands, 19 December 2011 – Swedish Automobile N.V. (Swan) announces that Saab Automobile AB (Saab Automobile), Saab Automobile Tools AB and Saab Powertrain AB filed for bankruptcy with the District Court in Vänersborg, Sweden this morning. After having …
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D-Day?

December 19, 2011 2:02 Line

By: Swade

Comments (14)

It’s Monday here in Australia as I write this. Later today, in Sweden, there will be a court hearing to determine whether Saab’s reorganisation should continue. To say there’s a lot hanging in the balance would be the understatement of …
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Watching the Saab reorganisation reports

December 17, 2011 1:08 Line

By: Swade

Comments (10)

Tis the season to be jolly nervous….. The Examiner is posing some Dear Santa questions from various stakeholders in the car industry: Saab Owners: A glimmer of hope for the future of their beloved, quirky sport sedan. Actually, I think …
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We at Saab intend to survive

December 13, 2011 14:59 Line

By: Swade

Comments (19)

Yesterday the newspapers had stories of impending doom, predicting a bankruptcy filing by Saab some time later that day. This journey we’re on is quite literally hour-by-hour at the moment, so I’m sure there were reasons for the papers to …
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News: Payment transferred

December 13, 2011 11:05 Line

By: Swade

Comments (16)

News from the front office in Trollhattan: – Saab confirms that the first payment of the funding, which was promised by Youngman, now has been transferred to Saab’s account. The efforts to secure the remaining funding, needed to pay salaries …
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Press Release: Swedish Automobile Continues Discussions With Youngman

December 5, 2011 9:04 Line

By: Swade

Comments (4)

Trollhättan, Sweden: Swedish Automobile N.V. (Swan) announces it is in discussion with Zhejiang Youngman Lotus Automobile Co. Ltd. (Youngman) and a bank in China about an equity interest in Swan. The discussions include a short term solution to enable Saab …
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Press Release: Saab GB Files For Administration

November 29, 2011 14:12 Line

By: Swade

Comments (25)

Trollhättan, Sweden: Swedish Automobile N.V. (Swan) and Saab Automobile AB (Saab Automobile) announce that Saab Great Britain Ltd (Saab GB) filed for administration with the High Court in London today. The board of Saab GB is of the opinion that …
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The ‘why?’ of Saab staying alive

November 22, 2011 12:21 Line

By: Swade

Comments (28)

We’ve all been hanging on the ‘what?’ for so long. We’re all fatigued due to the lack of visible, tangible progress in the potential sale of Saab Automobile. I’d like to take a moment and think again about the ‘why?’ …
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Saab delay submission to creditors in order to continue negotiations

November 21, 2011 8:49 Line

By: Swade

Comments (2)

Re-posted As the day in question is tomorrow and there are still a few headlines going around about this, I thought it wise to bring it back to the top of the page. —— Despite the sound of the headline, …
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TRADING UPDATE SWEDISH AUTOMOBILE N.V. – THIRD QUARTER 2011

November 18, 2011 9:42 Line

By: Swade

Comment (1)

TRADING UPDATE SWEDISH AUTOMOBILE N.V. (including SAAB AUTOMOBILE AB) THIRD QUARTER 2011 Zeewolde, the Netherlands, 18 November 2011 – Swedish Automobile N.V. (Swan), a holding company that owns subsidiaries which produce and sell premium automobiles under the Saab and Spyker …
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