Source: Saab Automobile Press Office January 20, 2012
Saab Automobile AB Bankruptcy
On December 19th 2011 the District Court of Vänersborg placed SAAB Automobile Aktiebolag, Saab Automobile Powertrain AB and Saab Automobile Tools AB into receivership. Two lawyers have been appointed as receivers: Hans Bergqvist from Delphi in Göteborg and Anne-Marie Pouteaux from Wistrand in Göteborg. This team is now responsible for Saab Automobile and are exploring all future options for the company, including the possibility of a partial or complete sale of the business. The receivers have met a number of parties which have expressed their interest in a possible acquisition of part or all of the business. READ MORE
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Comments (0) TAGS Trollhättan / Saab Automobile / Swedish Automobile
Source: Saab Automobile Press Office December 19, 2011
Saab Automobile Files for Bankruptcy
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. READ MORE
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Comments (0) TAGS Trollhättan / Saab Automobile / Swedish Automobile
Source: Saab December 15, 2011
Saab 9-4X Crossover and Saab 9-5 Sedan Earn IIHS Top Safety Pick 2012
Trollhättan, Sweden: The Saab 9-4X crossover and the Saab 9-5 Sedan have both earned a ‘Top Safety Pick´ for 2012, the highest rating for crashworthiness awarded by the Insurance Institute for Highway Safety (IIHS) in the United States for a second consecutive year. READ MORE
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Comments (0) TAGS Saab 9-4X / Trollhättan / Saab 9-5
Source: Saab Automobile Press Office December 7, 2011
Swedish Automobile Informed By Administrator Of Application To Terminate Voluntary Reorganization
Trollhättan, Sweden: Swedish Automobile N.V. (Swan) announces it has been informed that the administrator of the reorganization, Mr. Guy Lofalk, will apply for termination of the voluntary reorganization of Saab Automobile AB (Saab Automobile) and two subsidiaries with the District Court in Vänersborg, Sweden. READ MORE
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Comments (0) TAGS Trollhättan / Reorganization / Saab Automobile / Swedish Automobile
Source: Saab Automobile Press Office December 5, 2011
Swedish Automobile Continues Discussions With Youngman
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 Automobile to pay the November wages and continue reorganization. The outcome of the discussions is still uncertain. Any possible transaction would be subject to the approval of the relevant stakeholders. READ MORE
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Comments (0) TAGS Trollhättan / Saab Automobile / Swedish Automobile
