GM's Saab sale goes down to the wire
Can anyone fix Saab? Would a sale to Spyker – or any other small automaker - create an orphan automaker, doomed to the fate of Rover. Saab is worth more than that, argues Mark Bursa. And history suggests there may be ways to plot a future for the brand.
ANALYSIS: Death of the cool?
22 December 2009
Can anyone fix Saab? Would a sale to Spyker – or any other small automaker - create an orphan automaker, doomed to the fate of Rover. Saab is worth more than that, argues Mark Bursa. And history suggests there may be ways to plot a future for the brand.
NEW DELHI SHOW: India launches new Honda baby
5 January 2010
Honda Siel Cars India (HSCI) has chosen the country for the world premiere of a concept car for the first time - fitting as the New Small Concept previews a model being developed for emerging markets.
SWEDEN: GM extends Saab sale deadline
30 December 2009
General Motors has apparently extended its December 31 deadline to sell its Saab brand while continuing the 'orderly wind-down' process. A Saab spokesman also told just-auto today (30 December) that the firm plans to resume the production of cars from January 11.
CHINA: BAIC to develop four new models using Saab technology
23 December 2009
Beijing Automotive Industry Holding said it paid US$200m to purchase technology from General Motors’ Saab unit as the Chinese automaker speeds up development of its own vehicles.
Saab goes to the wire
22 December 2009
Was GM's wind-down announcement on Friday designed to get things moving and focus the minds of potential bidders? It certainly seems to have sparked activity at Spyker.
SWEDEN: Mystery billionaire behind renewed Spyker bid for Saab
22 December 2009
An unidentified Dutch billionaire is behind Dutch sportscar maker Spyker's last-ditch bid to buy Saab from General Motors, according to Swedish newspaper Svenska Dagbladet which cited several sources close to the talks.
NETHERLANDS/US: Spyker submits revised Saab offer
21 December 2009
Last-ditch negotiations to save Saab Automobile continued over the weekend after General Motors on Friday said talks with Spyker had ended and that the brand would be wound down. Spyker said on Sunday it had submitted a renewed offer with a deadline of 5pm EST (10pm GMT) today (21 December) “in the hopes of securing a future for Saab, its employees and the brand - despite the announcement that the winding down of Saab would begin”.
SWEDEN: Government promises Saab worker aid
21 December 2009
The Swedish government has said a last-gasp bid by Spyker Cars for Saab offered a thread of hope that the brand would survive, but promised millions in aid to workers should there be no deal by Monday's 10pmGMT deadline.
GERMANY: GM says Saab sale off; brand to be wound down
18 December 2009
Efforts to sell GM's Saab unit to Spyker have ended in failure with GM announcing that it will now start a wind-down of the brand.
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.
Company Financials – General Motors Corporation
16 November 2009
IntroductionThe Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and cash flow statements.
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