general motors saab

Although GM has received several last-minute offers  to save Saab, the Americans decided to send the Swedish brand in liquidation. The Swedish automaker maker Saab has been put into liquidation today, despite the last-minute offers that General Motors received for the Northern manufacturer. The information was made public by the Saab’s main workers union. “Today, Saab Automobile’s [...]

Bernie Ecclestone is behind the offer made by Genie Capital investment fund for the purchase of General Motors’ Saab. Spyker is in talks with the Americans from GM these days for buying Saab, but the Dutch automaker was forced to improve their offer because of a last minute surprise appearance of an investor. Genie Capital investment [...]

After Swedish carmaker Koenigsegg dropped it’s bid for Saab, like we already informed you, a second chance arises for General Motors to sell the brand. This might mean a stop to GM’s problems in selling (to be read: gettin` rid of) the former Swedish brand. But who is the buyer? That would be Spyker Cars, [...]

General Motor’s sale of Saab seems to be hitting more and more problems as it sinks deeper. We already posted you on its pending, 90%-official sale of Hummer to Sichuan Tengzhong Heavy Industrial Machinery. This important sale awaits only Chinese government approval for the sale of its luxury offroad brand, rumored to be worth $150 [...]