Posts Tagged ‘Saab’
General Motors Co. was criticized in Sweden after the U.S. automaker named a restructuring firm to run the winding-down of Saab even as it reviewed several bids which included an offer from Formula One supremo Bernie Ecclestone.
Tags: Bernie Ecclestone, Formula One, Formula One Supremo, General Motors, General Motors Co., Gm, Restructuring, Saab, Sweden, United States
General Motors Co. today said it had selected corporate restructuring firm AlixPartners to oversee the wind down of Saab. GM also said it will continue to evaluate proposals to buy Saab.
Tags: Corporate Restructuring, General Motors, Gm, Proposals, Saab
Investment group Genii Capital said today it has made an offer for Saab with Formula One motor racing boss Bernie Ecclestone. Genii’s offer was one of three late bids for the Swedish brand, which owner General Motors Co.
Tags: Bernie Ecclestone, Bidders, Boss, F1, Formula One, Fresh Hope, General Motors, General Motors Co., Genii, Genii Capital, Investment Group, Saab
Saab’s future remains unclear as parent General Motors Co. considers last-ditch bids from Sweden and the Netherlands. While the bidders are reviewed, GM says it will start winding down the 60-year-old automaker. It has been a very busy year for Saab.
Tags: Bidders, General Motors, General Motors Co., Gm, Last Ditch, Netherlands, Old Automaker, Saab, Sweden, The Netherlands
Dutch luxury carmaker Spyker submitted an improved bid for Sweden’s Saab to General Motors Co. on Thursday, just ahead of a key deadline that could prompt closure of the brand.
Tags: Bid, Closure, General Motors, General Motors Co., Luxury Carmaker, Saab, Spyker, Sweden
Dutch luxury carmaker Spyker submitted an improved bid for Sweden’s Saab to General Motors Co. on Thursday, just ahead of a key deadline that could prompt closure of the brand.
Tags: Bid, Closure, General Motors, General Motors Co., Luxury Carmaker, Saab, Spyker, Sweden
Bidders in Sweden, Luxembourg and the Netherlands are making last-ditch efforts today to buy Saab as a deadline for its sale loomed, threatening the Swedish car brand with closure. General Motors Co.
Tags: Bidders, Car Brand, Closure, General Motors, General Motors Co., Last Ditch, Luxembourg, Netherlands, Saab, Sweden, Swedish Car, The Netherlands
Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said.
Tags: General Motors, General Motors Co., Gm, Saab, Saab Cars, Spyker, Spyker Cars, Spyker Cars N.V.
Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said.
Tags: General Motors, General Motors Co., Gm, Saab, Saab Cars, Spyker, Spyker Cars, Spyker Cars N.V.
Spyker Cars will rebuild Saab around the 9-3, 9-5 and 9-4X models if it buys the Swedish brand from GM, says Spyker CEO Victor Muller. Plans for a Saab 9-1 entry-level car would be put on hold.
Tags: Ceo, Core Products, entry-level car, Gm, Models, Saab, Spyker, Spyker Cars, Victor Muller
Saab dealers in the United States say they have been uninformed bystanders to General Motors Co.’s on-again, off-again negotiations to sell the Swedish premium brand.
Tags: Bystanders, General Motors, General Motors Co., Negotiations, Premium Brand, Saab, Saab Dealers, United States
General Motors Co. is continuing to wind down Saab and does not plan to make further announcements regarding the brandand#8217;s sale, a spokesman said today. No new Saab deals are imminent with any interested parties, GM spokesman Chris Preuss said.
Tags: Chris Preuss, General Motors, Gm, Gm Spokesman, Interested Parties, New Saab, Preuss, Saab, Saab General Motors Co.
Beijing Automotive Industry Holding Corp., China’s fifth-largest automaker, will launch an aggressive campaign to develop its brand both at home and overseas, after buying car designs from General Motors Co.’s Saab unit.
Tags: Aggressive Campaign, Automotive Industry, Automotive Technology, Beijing, Beijing Automotive Industry Holding Corp., Buying Car, Car Designs, China, General Motors, General Motors Co., Largest Automaker, Saab, Saab technology, USD
Beijing Automotive Industry Holding Corp said it paid $200 million for Saab technology, allowing the Chinese automaker to roll out Saab-based cars as soon as 2011.
Tags: Automotive Industry, Automotive Technology, Beijing, Beijing Automotive Industry Holding Corp., Chinese Automaker, Saab, Saab Cars, Saab technology, USD
Sweden’s IF Metall union held meetings with Saab bidder Spyker Cars today and said the company’s business plan was a copy of an old plan by Koenigsegg, the Swedish luxury carmaker which dropped its bid for Saab last month.
Tags: Bid, Business Plan, Flicker, Luxury Carmaker, Metall, Saab, Saab Cars, Spyker Cars, Sweden
The Swedish government and Saab officials held crisis talks about a threatened closure of the General Motors Co. brand as a Monday evening deadline loomed on a renewed buyout bid from Spyker Cars.
Tags: Buyout Bid, Closure, Crisis Talks, General Motors, General Motors Co., Government Officials, Saab, Spyker, Spyker Cars, Sweden, Sweden Saab, Swedish Government
Sweden said a last-ditch bid by Spyker Cars for Saab offered a thread of hope the General Motors Co. brand would survive, as talks between the Dutch sports car maker and GM extended into the evening.
Tags: Bid, Car Maker, Dutch Sports, General Motors, General Motors Co., Gm, Last Ditch, Saab, Sports Car, sports car maker, Spyker, Spyker Cars, Sweden, Thread Of Hope
Sweden said a last-ditch bid by Spyker for Saab offered a thread of hope the brand would survive, as talks between the Dutch luxury carmaker and GM triggered an extended deadline.
Tags: Bid, Gm, Last Ditch, Luxury Carmaker, Saab, Saab Sweden, Spyker, Sweden, Thread Of Hope
Sweden said a last-ditch bid by Spyker for Saab offered a thread of hope the brand would survive, as talks between the Dutch luxury carmaker and GM triggered an extended deadline. Spyker lodged a new offer to buy Saab from GM on Sunday, with a 5 p.m.
Tags: Bid, Gm, Last Ditch, Luxury Carmaker, Saab, Spyker, Sweden, Thread Of Hope
Michael Simon, newly installed as general manager of a stand-alone Saab store under new ownership, kept pushing sales right up until the death sentence was delivered. Simon bought more new Saabs from less-hopeful dealers.
Tags: Death Sentence, Michael Simon, Saab, Saab store, Saabs
General Motors Co. said it would evaluate several expressions of interest for Saab, including a new fast-track bid from Spyker Cars.
Tags: Bid, Expressions Of Interest, Fast Track, General Motors, Gm, Inquiries, New Saab, Saab, Spyker Cars
GM said it will evaluate several expressions of interest for Saab including a new fast-track bid from Spyker.
Tags: Bid, Expressions Of Interest, Fast Track, Gm, Inquiries, New Saab, Saab, Spyker
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