GM's Saab sale comes undone
In a statement issued late on Tuesday (1 December), General Motors' Board of Directors has said that it has received 'expressions of interest in Saab' and will evaluate potential bids between now and the end of December.
US: GM to evaluate Saab 'interest' by year-end
2 December 2009
In a statement issued late on Tuesday (1 December), General Motors' Board of Directors has said that it has received 'expressions of interest in Saab' and will evaluate potential bids between now and the end of December.
US: GM board considering Saab's future today
1 December 2009
Saab Automobile on Tuesday faced the threat of closure as the General Motors board met on Tuesday (1 December, 2009) to hammer out plans after a deal collapsed to sell the Swedish brand.
CHINA: BAIC mulls next move on Saab
30 November 2009
Beijing Automotive Industry Holding Corp (BAIC) general manager Wang Dazong has said the Chinese automaker might still be interested in buying General Motors' Saab unit.
THE WEEK THAT WAS: More GM machinations
27 November 2009
Another week, another round of General Motors-related machinations. This week they included Saab and the likely demise thereof.
COMMENT: Sad demise for Saab in prospect
26 November 2009
General Motors hasn't exactly covered itself in glory with the example of brand management provided by its stewardship of Saab. That things have got to where they are now is a consequence of a failure to invest and a lack of direction for the premium marque ever since GM first got involved with Saab in 1990, as well as the impact of the crisis for the auto industry this year which left GM with few options.
CHINA: BAIC to "reassess" options after Saab bid fails
25 November 2009
Beijing Automotive Industry Holding (BAIC) on Wednesday told state media it would "reassess" its options after a plan to buy Saab with Koenigsegg collapsed, but did not elaborate.
SWEDEN: Media say Saab doomed
25 November 2009
Swedish media on Wednesday reported that Saab Automobile was close to bankruptcy, a day after luxury sportscar maker Koenigsegg abandoned its bid to buy the group from General Motors.
SWEDEN: GM still hopes for Saab sale - minister
25 November 2009
General Motors appeared to still harbour hope of being able to sell its Saab Automobile unit after a deal came apart yesterday, a Swedish government official has said.
Saab deal blow-out
25 November 2009
I must admit to being surprised at the news that Koenigsegg has pulled out of the Saab purchase. It looks like the problem was on the financial side or the complexity of the timeline. They must be ...
GERMANY: Koenigsegg pulls out of Saab purchase
24 November 2009
General Motors on Tuesday said the proposed sale of its Saab subsidiary to Koenigsegg Group was terminated "at the discretion of the buyer". With no other buyers in sight, the move could signal the end of the Swedish brand.
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