Electric car company tries to bail out Saab

Source: Digital Trends

Thanks to a last-minute bid by a mysterious group of investors, the Saab story isn't over yet. Apparently, some cars are just too good to die. After a tortured existence under General Motors and a short per ...
Full article at: Digital Trends  More like this  1 day ago, 2:45pm CDT

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Sino-Japan group eyes bankrupt Saab Auto

Source: Shanghai Daily

A GROUP led by a Chinese energy company and a Japanese venture-capital firm has placed a bid for bankrupt Swedish carmaker Saab Automobile, a spokesman for the investing team said yesterday. The two main parties in the group are Sun Investme ...
Full article at: Shanghai Daily  More like this  2 days ago, 11:35am CDT

Mysterious Swedish Electric Car Company is Lead Bidder for Bankrupt Saab

Source: Motor Trend

Saab may be dead, but the saga is far from over. Chinese company Youngman Lotus, which has been in talks to buy the company, has dropped out of the game. Saab hasn’t been left high and dry though, as a Swedish electric car company comes to its rescu ...
Full article at: Motor Trend  More like this  2 days ago, 8:43am CDT

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Mallya under fire, insists Force India is safe

Source: crash.net

Vijay Mallya's first appearance in an F1 paddock all season was greeted with questions not only about the health of his various Indian business interests, but also the possible knock-on effect that they could have on the Forc ...
Full article at: crash.net  More like this  2 days ago, 5:33am CDT

The Turgid Corpse Of Saab Refuses To Go Gently

Source: Automotive Blogs

Like a sparkly vampire or an 80s TV show, the mummified corpse of Saab continues to agitate upon our collective conscious. In this episode of Saab’s Greek tragedy, a Swedish consortium that develops electric cars ...
Full article at: Automotive Blogs  More like this  2 days ago, 4:44pm CDT

Swedish electric car firm 'close to buying Saab'

Source: Autocar

An electric car consortium involving the former Volvo Trucks head Karl-Erling Trogen is reportedly the lead bidder to buy the assets of the bankrupt Swedish car giant Saab out of administration. Youngman, the Chinese car company which t ...
Full article at: Autocar  More like this  3 days ago, 4:47am CDT

Winnebago's suitor labeled a pretender

Source: Des Moines Register

North Street Capital, the private equity firm that offered to buy Forest City-based Winnebago Industries last week, is less than a year old and is not real, according to the chief of Spyker Cars, which North Street Capital tried ...
Full article at: Des Moines Register  More like this  3 days ago, 4:18am CDT

Report: China's Youngman bails on Saab, Mahindra still in the mix

Source: Autoblog

Zhejiang Youngman Lotus Automobile has been jettisoned from the dwindling pool of bidders for Saab after tendering an offer of $492 million for the whole kaboodle. Exact reasons weren't given for Youngman leaving the ...
Full article at: Autoblog  More like this  4 days ago, 12:21pm CDT

Saab: Could Spyker restart production of the Saab 9-5?

Source: Cars UK

The key to the future of Saab is possibly the right to manufacture the Saab 9-5. Could that bring Spyker and Victor Muller back? Could the Saab 9-5 be built by Spyker? From an initial interest by several companies it seems the bidding is now down to just ...
Full article at: Cars UK  More like this  5 days ago, 7:44am CDT