Cash-Starved Saab Purchased by Chinese
Facing imminent collapse, Saab has agreed to a fire sale that will give two Chinese companies complete control of the Swedish automaker -- at a fraction of the price they originally offered for a far...
View ArticleWill GM Block Saab Sale?
Citing "many unanswered questions," GM may move to block the sale of its former Swedish subsidiary, Saab, to the Chinese. TheDetroitBureau.com reports.
View ArticleSaab Looks for Solution to GM Objections
The Saab saga continues. Negotiators are trying to figure out a way to work around GM's objections to the automaker's outright sale to a Chinese partnership.
View ArticleSaab Decision Delayed
Though it has received a much-needed bridge loan, the fate of Saab is hanging by a thread. But a Swedish court has delayed a decision on whether to force the company to shut down. TheDetroitBureau.com...
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