Auto Talk: Saab Owner To Sell Spyker Supercar Unit For $44 Million

Saab, said it would sell its Spyker niche luxury sportscar business to U.S. private equity firm North Street Capital, led by racing car enthusiast Alex Mascioli, for about 32 million euros (about $44 million). Hit the jump to read the rest of the story. @WiL


Auto Talk: Saab Eyes Job Cuts After Court Grants Protection From Creditors

Saab said today it may reduce headcount as it implements a cost-cutting plan to secure its survival after a court gave the struggling carmaker temporary protection from creditors. Hit the jump to read the rest of the story. Funk Flex Find Flex On Google+


Auto Talk: Court revives Saab’s hopes of survival

A Swedish court on Monday gave Saab leave to appeal a lower court’s decision denying it protection from creditors, opening a potential lifeline for the bankruptcy-threatened company. Hit the jump to read the rest of the story. Funk Flex Find Flex On Google+


Auto Talk: Saab Bankruptcy Hearing To Be Held In Two Weeks

Saab’s first bankruptcy hearing will be held on September 26, a district court in Sweden said. Hit the jump to read the rest of the story. Funk Flex Find Flex On Google+


Auto Talk: New Saab Crisis As Unions Seek Carmaker’s Bankruptcy

Saab lurched further into crisis on Monday as two of the carmaker’s own unions served bankruptcy applications despite the company having conjured up a promise of 70 million euros ($96 million) in vital financing. Hit the jump to read the rest of the story. Funk Flex Find Flex On Google+


Auto Talk: Saab To Appeal Court Decision On Monday

Yesterday, Saab announced that its request for government protection was denied by a Swedish court, citing that the court feels that the automaker’s proposal for a voluntary reorganization would not work. Funk Flex Find Flex On Google+


Auto Talk: Swedish Court Rejects Saab Creditor Protection Plea

A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. Hit the jump to read the rest of the story. Funk Flex Find Flex On Google+


Auto Talk: Saab Files for Court Protection From Creditors

Saab sought protection from creditors in a Swedish district court, the automaker’s owner, Swedish Automobile, said today. Funk Flex


Auto Talk: Saab To File For Protection From Creditors

To say that Saab has had a rough 2011 would be one heck of an understatement. Sales are trickling slowly, the automaker’s Trollhattan plant hasn’t consistently produced vehicles since late April because suppliers weren’t getting paid, and a failed alliance is making the Swedish automaker look like it has cooties. Funkmasterflex Find Flex On Google+


Auto Talk: Saab Auto Seek More Cash While Not Ruling Out Reorganization

Saab Automobile is working primarily on raising more funds to survive over the next several days, while not ruling out filing for reorganization to protect itself from creditors, a spokesman said. Funkmasterflex Find Flex On Google+


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