• Sweden edition

Spyker

The following articles have been tagged with "Spyker":

'Multi-billion-kronor' bid for bankrupt Saab: report

National: 2 Feb 12
Chinese automaker Youngman has made an offer to buy bankrupt Swedish automaker Saab, according to Swedish media reports. READ »

Five buyers 'seriously interested' in Saab

Business & Money: 30 Jan 12
As many as five companies have expressed a strong interest in purchasing bankrupt Swedish automaker Saab, a bankruptcy administrator said on Sunday. READ »

Saab's US unit hopes to avoid bankruptcy

Business & Money: 22 Dec 11
Saab's North American division is trying to stay solvent in a bid to maintain warranties, while a Swedish insurance company has said it will cover warranty costs for Saab owners in Sweden following the Swedish automaker's bankruptcy. READ »

Expert: Saab's independent streak 'the beginning of the end'

Business & Money: 21 Dec 11
Decisions by former Saab owner General Motors weren't the cause of the Swedish automaker's bankruptcy, according to a new study, which also found that former Saab management is partly to blame. READ »

Saab hits bankruptcy 60 years after a flying start

Lifestyle: 19 Dec 11
Saab Automobile's decision to file for bankruptcy on Monday ends two years of efforts to save the unprofitable Swedish automaker 60 years after the aircraft manufacturer started making cars. READ »

Saab files for bankruptcy

Business & Money: 19 Dec 11
After months of teetering on the brink, Swedish carmaker Saab Automobile on Monday filed for bankruptcy protection, ending two years of efforts to save the iconic Swedish brand. READ »

Lift Saab's bankruptcy protection: administrator

Business & Money: 7 Dec 11
The court-appointed administrator charged with overseeing Saab's restructuring has petitioned a court to lift the beleaguered Swedish carmaker's bankruptcy protection, Saab Automobile confirmed on Wednesday. READ »

Saab juggles Chinese suitors 'to please GM'

Business & Money: 5 Dec 11
Swedish Automobile, the owners of beleaguered Swedish carmaker Saab have revealed that they are in talks with a new configuration of Chinese partners in what has been described as a bid to appease previous owner US General Motors. READ »

Saab backer Antonov released on bail

Politics: 26 Nov 11
Russian financier and former Saab-speculator Vladimir Antonov was released on bail by a British court on Friday, following his arrest in London on suspicion of fraud. READ »

Saab backer Antonov held in London: report

Business & Money: 25 Nov 11
Russian financier and once prospective buyer of cash-strapped Swedish carmaker Saab, Vladimir Antonov, has been detained in London, on suspicion of embezzling money from a Lithuanian bank. READ »

Saab backer Antonov suspected of fraud

Business & Money: 23 Nov 11
Lithuanian prosecutors have issued a European arrest warrant for the Russian financier and Saab backer Vladimir Antonov on suspicion of fraud and money laundering. READ »

Saab takeover talks go on as deadline passes

Business & Money: 16 Nov 11
Two Chinese companies are continuing discussions on purchasing Saab even though the deadline for the deal expired Tuesday, the beleaguered Swedish carmaker said. READ »

GM threat to Saab sale 'regrettable': minister

Business & Money: 8 Nov 11
The Swedish government has described as unfortunate a statement by General Motors this week threatening to block the transfer of technology licences if two Chinese companies buy Saab. READ »

General Motors mulls blocking Saab sale

Business & Money: 6 Nov 11
US automaker General Motors said Saturday that it may block the sale of Saab to two Chinese companies, citing concerns of its supplier relationship to the insolvent Swedish carmaker. READ »

Chinese firms reveal Saab profit ambitions

Business & Money: 31 Oct 11
Chinese automakers Pang Da and Youngman, the new owners of Sweden's Saab, have stated that the firm will turn a profit no later than 2014, according to an ambitious plan laid out on Monday. READ »

'Cautious optimism' over Saab's second escape from bankruptcy

Analysis & Opinion: 28 Oct 11
While the sale of Saab Automobile may have once again helped the troubled Swedish automaker avoid bankruptcy, uncertainties about possible layoffs and obtaining necessary approvals remain, the AFP's Nina Larsson explains. READ »

Chinese firms in deal to buy Saab Automobile

Business & Money: 28 Oct 11
Chinese automakers Pang Da and Youngman have agreed to purchase Saab Automobile, according to a statement issued Friday by Saab owner Swedish Automobile. READ »

Saab pulls plug on China funding deal

Business & Money: 24 Oct 11
Saab owner Swedish Automobile said on Sunday it had terminated a financing deal with the two Chinese firms, seen by many as the only hope of keeping the cash-strapped Swedish carmaker out of bankruptcy. READ »

Saab to appeal creditor protection rejection

Business & Money: 9 Sep 11
Saab will appeal a Swedish court decision to reject the automaker's request for bankruptcy protection, parent company Swedish Automobile announced on Friday. READ »

Swedish court rejects Saab restructuring

Business & Money: 8 Sep 11
Vänersborg district court in western Sweden has rejected beleaguered carmaker Saab Automobile's applications for business restructuring. Chairperson and CEO Victor Muller responded by declaring the firm's intention to appeal. READ »

Saab owner's losses increase ten-fold

Business & Money: 1 Sep 11
Swedish Automobile, the owner of beleaguered automaker Saab, on Wednesday announced a massive loss for the first half of the year and was still hunting for funds to restart production. READ »

Saab bonuses upheld despite crisis

Business & Money: 27 Aug 11
Despite the ongoing crisis surrounding Saab no action will be taken over payouts and bonuses paid to shareholders, following a government audit. READ »

New share issue to help raise quick cash for Saab

Business & Money: 15 Aug 11
The owner of troubled Swedish automaker Saab announced on Monday it planned to issue four million new shares via a deal with US-based GEM Global Yield Fund Limited. READ »

Saab staff to be paid after new share issue

Business & Money: 3 Aug 11
Employees at troubled Swedish automaker Saab are finally set to get paid salaries for July after Swedish Automobile, the troubled carmaker's Dutch owner, announed Wednesday it was issuing new shares. READ »

Antonov can't be an owner in Saab: EIB

Business & Money: 29 Jul 11
Russian tycoon Vladimir Antonov cannot be an owner of Swedish carmaker Saab according to conditions of the European Investment Bank (EIB) loan that helped keep the company afloat, the bank confirmed on Thursday. READ »

Saab's property deal approved by EIB

Business & Money: 4 Jul 11
On Monday the European Investment Bank (EIB) announced its approval Saab’s property sale, which will give the company the much needed cash-injection it sought to acquire through the sale. READ »

Saab secures short term funding, pays wages

National: 29 Jun 11
Saab's owner Swedish Automobile announced Wednesday it had secured more short-term funding with a 25-million-euro ($36-million) loan and that it has started paying out staff's salaries for June. READ »

Saab to pay staff after new China order

Business & Money: 27 Jun 11
An unnamed Chinese firm has ordered 582 cars from the crisis-hit Swedish car maker Saab in an order worth around €13 million ($18 million) and enabling the beleaguered firm to pay staff salaries. READ »

Saab lacks funds to pay staff wages

Business & Money: 23 Jun 11
Cash-strapped carmaker Saab won't be able to pay this months wages to its employees, according to a statement from the company. READ »

Saab to staff: go home for two more weeks

Business & Money: 21 Jun 11
Swedish automaker Saab told workers on Monday that its factory in western Sweden would remain idle for two more weeks as the company negotiates with suppliers over repayment plans. READ »

Saab unveils second partner in new China deal

Business & Money: 13 Jun 11
Cash-strapped Swedish automaker Saab announced on Monday it had finalised the details of an a agreement with China's Pang Da and Zhejiang Youngman Lotus Automobile to manufacture and distribute cars in China. READ »

Saab production grinds to a new halt

Business & Money: 9 Jun 11
Cash-strapped Swedish carmaker Saab stopped production on Wednesday due to a lack of spare parts, only two weeks after restarting production lines. READ »

Saab production resumes in Sweden

Business & Money: 27 May 11
After seven-weeks of silence, the assembly lines at Saab Automobile's factory in Trollhättan in western Sweden rumbled to life again on Friday thanks to help from new Chinese partner Pang Da. READ »

Saab announces new Chinese partnership

Business & Money: 16 May 11
Swedish car maker Saab has signed a new framework agreement with China's Pang Da Automobile, the cash-strapped firm's Dutch owner Spyker said on Monday. READ »

Saab future in doubt after Chinese fall out

Business & Money: 13 May 11
The future of Swedish car maker Saab was thrown back into doubt without a way into the crucial Chinese market, after a funding deal for the Saab-Spyker group fell through on Thursday. READ »

Reinfeldt 'concerned' over Saab deal collapse

National: 12 May 11
Sweden's prime minister Fredrik Reinfeldt expressed concern about the future of Saab following the collapse Thursday of a deal with China's Hawtai that would have provided Swedish automaker with much needed cash. READ »

Saab abandons deal with China's Hawtai

Business & Money: 12 May 11
A deal between Saab owner Spyker Cars and China's Hawtai has been scrapped, according to Spyker, although discussions about possible collaboration continue. READ »

Saab recruits new North America head

Business & Money: 10 May 11
Swedish car maker Saab AB has announced the recruitment of a top executive from Japanese firm Subaru to run its North American operations as it bids to rebuild its embattled brand. READ »

Saab, Hawtai rebuff embassy criticism

Business & Money: 6 May 11
Saab new Chinese partner Hawtai on Friday dismissed concerns voiced by the Swedish embassy in Beijing about the company's capacity to rescue the troubled Swedish automaker. READ »

Embassy doubts over Saab's Chinese saviour

Business & Money: 5 May 11
Sweden's embassy in Beijing has voiced concerns about Saab's new Chinese partner Hawtai, citing inflated figures and management changes, according to in internal report. READ »

Questions remain over Saab financing

Business & Money: 4 May 11
There are still uncertainties regarding new financing arrangements for cash-strapped Swedish carmaker Saab despite Tuesday’s announcement of a 'strategic partnership' with Chinese Hawtai Motor Group. READ »

Saab secures partnership with Chinese firm

Business & Money: 3 May 11
Saab has entered into a "strategic partnership" with Chinese Hawtai Motor Group, who plan to invest billions of kronor into the Swedish firm, it was announced on Tuesday. READ »

Fresh cash, new Chinese partner set to revive Saab

National: 2 May 11
Production at Swedish car maker Saab is set to resume within a week after the firm secured a deal for a €30 million ($45 million) cash injection on Monday amid reports that the company had also forged a partnership with a Chinese automaker. READ »

Losses continue for Saab owner Spyker

Business & Money: 29 Apr 11
Saab Automobile owner Spyker Cars reported a net loss of €76.3 million ($113 million) for the first quarter, but sales of the iconic Swedish brand shows signs of upward swing. READ »

Sweden’s Saab - back to the future?

Analysis & Opinion: 28 Apr 11
With Swedish carmaker Saab once again teetering on the brink of financial disaster a little over a year after it was saved from bankruptcy, The Local’s Peter Vinthagen Simpson reviews the recent trials and tribulations of this once iconic brand. READ »

Antonov gets green light for Saab stake

National: 28 Apr 11
Russian financier Vladimir Antonov has received approval from former Saab owner General Motors and the Swedish National Debt Office to become a part owner of troubled Swedish automaker. READ »

Saab staff on hold as cash search continues

National: 28 Apr 11
Cash-strapped Swedish car maker Saab told staff on Wednesday that they were not needed back at work as the search for financing continues to enable the firm to restart production lines left idle for over three weeks. READ »

Antonov to Sweden for Saab crisis talks

Business & Money: 26 Apr 11
Russian financier Vladimir Antonov is to arrive in Sweden on Tuesday to meet state representatives to discuss the future of crisis-hit Swedish carmaker Saab. READ »

'EIB behind Saab property deal delay'

Business & Money: 21 Apr 11
Beleaguered Swedish carmaker Saab Automobile remains in limbo pending confirmation of a deal to sell property holdings to raise cash, as the European Investment Bank is seeking further assurances, according to a report on Thursday. READ »

Russian backer secures Saab property funds

National: 18 Apr 11
Russian businessman Vladimir Antonov has agreed a deal with an independent European bank to handle payments to Swedish carmaker Saab with regard to the sale of its property holdings, his spokesperson has confirmed. READ »

Saab faces tough battle to survive: experts

Business & Money: 17 Apr 11
Although the Swedish government helped Saab last week by easing its liquidity issues, many industry observers are skeptical that the company can survive. READ »

Sweden approves new Saab financing plans

Business & Money: 15 Apr 11
The Swedish government announced on Friday it would allow cash-strapped automaker Saab to alter its financing in order to continue its operations, but only under certain conditions. READ »

National Debt Office opens up for Saab loans

Business & Money: 15 Apr 11
On Thursday the National Debt Office took a small step towards Saabs recovery by opening up for the cash-strapped carmaker to receive loans from other sources than the EIB. READ »

'Saab is a brilliant deal': Antonov

Business & Money: 14 Apr 11
Russian financier and potential Saab investor Vladimir Antonov, who remains undaunted by recent troubles the Swedish carmaker, is currently being vetted by the Swedish national debt office. READ »

Saab confirms 'extended' production stoppage

Business & Money: 12 Apr 11
Spyker Cars, the Dutch owner of Sweden's Saab, said Tuesday that production will remain on hold while it searches for a solution to funding problems in order to pay suppliers. READ »

Spyker confirms talks to sell Saab real estate

Business & Money: 11 Apr 11
Spyker Cars, the Dutch owner of embattled Swedish carmaker Saab, has confirmed that it is in talks to sell off Saab factories in a bid to address cashflow problems which have left production at a standstill. READ »

Spyker can't change its name to Saab

Business & Money: 7 Apr 11
Swedish defence contractor Saab AB doesn't want Spyker Cars, owner of the similarly named Swedish automaker, to have Saab in its new name. Meanwhile, Saab assembly lines remain idle amid continued negotiations with suppliers. READ »

Saab production halted 'until further notice'

Business & Money: 6 Apr 11
Cash-strapped Swedish carmaker Saab announced on Wednesday that it was cutting all production at its Trollhättan plant until it has found a solution to persistent delivery problems. READ »

Saab seeks to allay financial health fears

Business & Money: 4 Apr 11
Swedish carmaker Saab and its Dutch owner Spyker took steps on Monday to reassure investors that the future is based on solid financial ground, while reports indicate that Spyker head Victor Muller doubled his salary in 2010. READ »

Deliveries resume after late Saab payment

Business & Money: 1 Apr 11
A major supplier to Saab Automobile that had halted deliveries to the Swedish brand began sending parts again on Friday after the carmaker finally paid an overdue invoice. READ »

Unpaid bills halt Saab car production

Business & Money: 30 Mar 11
Saab Automobile was forced to halt production at its factory in Trollhättan in western Sweden on Tuesday after a transport company halted deliveries due to millions of kronor in unpaid invoices. READ »

Saab CEO resigns after 'three demanding years'

Business & Money: 25 Mar 11
Jan Åke Jonsson has resigned as CEO of Swedish car maker Saab Automobile, the company announced in a statement on Friday, amid growing doubts over the firm's relaunch since being bought by Dutch Spyker Cars. READ »

Saab backer Antonov to open Swedish bank

Business & Money: 24 Mar 11
Vladimir Antonov has revealed plans to set up a bank in Sweden, and the Russian financier says he is ready to make a major investment in Swedish automaker Saab. READ »

Antonov ready to be an owner of Saab

Business & Money: 10 Mar 11
Russian financier Vladimir Antonov expressed his doubts about sales goals for Saab Automobile on Thursday, adding that the Swedish automaker may need an extra buffer. READ »

Saab rolls out futuristic concept car in Geneva

Science & Technology: 1 Mar 11
Saab unveiled its new concept car today at the International Geneva Motor Show - a futuristic sports car with butterfly doors known as the PhoeniX. READ »

Antonov sets sights on Saab ownership

Business & Money: 24 Feb 11
Russian financier Vladimir Antonov, who on Thursday agreed to buy the sports car operations of Saab Automobile owner Spyker Cars, said it's only a matter of time before he claims an ownership stake in the Swedish automaker. READ »

'Saab's future in jeopardy': auto expert

Business & Money: 7 Jan 11
A prominent auto industry expert has warned that, based on current figures, Saab Automobile won’t likely survive more than three more years. READ »

Saab owner Spyker cuts Saab 2010 sales forecast

Business & Money: 29 Oct 10
Saab automobile owner Spyker announced on Friday that it expects to sell 30,000 to 35,000 Saab cars this year, about 10,000 less than initially forecast. READ »

Saab's luxurious new 9-5 is ready for take off

Lifestyle: 11 Oct 10
For Swedish carmaker Saab, its new 9-5 model could not be more important. Contributor David Hooper finds out if it lives up to all of its pre-launch hype, and considers the company’s plans for the future. READ »

Saab in talks with Volvo on production: report

Business & Money: 7 Oct 10
Saab Automobile and Volvo Cars are in talks for production collaboration, Reuters reported on Thursday, citing a spokesman from Saab owner Spyker Cars. READ »

Saab deal puts BMW engines under the hood

Business & Money: 29 Sep 10
Germany’s BMW will supply engines to Swedish automaker Saab starting in 2012, the company announced on Wednesday. READ »

Spyker confirms talks with BMW over Saab deal

Business & Money: 27 Sep 10
Spyker Cars, the Dutch automaker that owns Sweden's Saab, confirmed on Monday that it was in talks with Germany's BMW, noting speculation about a "possible supply relationship." READ »

General Motors slammed in Saab sale exposé

Business & Money: 10 Sep 10
Jöran Hägglund, the Swedish government's representative at the heart of the deal to sell Saab has pointed the finger at US giant GM and 'foolish' opposition parties, in a revealing new book exposing the battle to save the firm. READ »

Saab owner Spyker first-half losses soar

Business & Money: 27 Aug 10
Spyker Cars, the Dutch specialist automaker of Sweden's Saab, said on Friday that its first-half losses soared as a result, but it insisted that it was still on course for a 2012 profit. READ »

Saab owner Spyker's debts greater than assets

Business & Money: 26 Aug 10
Luxury car manufacturer Spyker Cars, which purchased Sweden's Saab from General Motors, has more debts than assets, according to a filing submitted to the stock exchange in Amsterdam, NYSE Euronext. READ »

Saab and Volvo speed up production

Business & Money: 13 Aug 10
Swedish carmakers Saab and Volvo have both increased production to satisfy rising demand for their cars. Several hundred workers who had previously been laid off have been rehired. READ »

Saab turns profit after 2009 crisis

Business & Money: 27 Jul 10
Crisis-hit carmaker Saab Automobile turned a profit of 3.9 billion kronor ($531 million) in 2009, but only thanks to deals with its creditors and a deal to sell equipment to a Chinese automaker. READ »

Spyker completes Saab payment

Business & Money: 5 Jul 10
Spyker Cars has completed the second and final $24 million payment to complete the purchase of Swedish carmarker Saab from US firm General Motors, the Dutch firm has confirmed. READ »

Spyker chief promises new life for Saab

Business & Money: 2 Jun 10
The head of Dutch sportscar maker Spyker promised in an interview on Tuesday to secure the future of his recently acquired iconic Swedish brand Saab by giving it back its identity and independence. READ »

Saab unveils new Saab 9-5 to journalists

Business & Money: 31 May 10
After many months of waiting, 250 foreign journalists tested Saab Automobile's new flagship vehicle, the new second-generation Saab 9-5, in Trollhättan on Monday. READ »

Saab making steady return to health: CEO

National: 13 May 10
Saab CEO Jan Åke Jonsson has said the iconic Swedish brand is showing good signs of recovery after teetering close to the abyss before its sale to Dutch luxury car maker Spyker. READ »

Saab to rehire laid-off workers

National: 11 May 10
Swedish carmaker Saab Automobile has said it will rehire 187 people laid off last April, following negotiations with unions. READ »

Spyker withdraws funds from Saab offshoot

National: 20 Apr 10
Dutch firm Spyker has declared its intention to cover its losses by taking funds from Saab GB, arguing that the firm is not a Saab subsidiary but an independent company bought from US General Motors. READ »

Saab-Spyker chief wants new retro Saab 92

National: 8 Apr 10
Saab Automobile's new chairperson, Victor Muller, wants the Swedish firm to prioritize the development of a new version of the classic Saab 92 in a retro design mirroring similar moves by Fiat, with its 500, and the Volkswagen Beetle. READ »

Chinese BAIC expresses interest in Saab investment

National: 2 Apr 10
China's Beijing Automotive Industry Holding Co. has said it wants to invest in Saab after it failed to buy the Swedish car company, according to a newspaper interview published on Thursday. READ »

Saab rehiring to meet production goals

Business & Money: 1 Apr 10
Car maker Saab has indicated that is soon to begin reemploying people made reduntant last year as it ups the tempo on its production lines in Trollhättan in western Sweden. READ »

Saab to build cars in Russia: Antonov

National: 29 Mar 10
Spyker adviser Vladimir Antonov has said Saab is planning to build a new plant in the Russian enclave of Kaliningrad, where it will produce 10,000 cars a year. READ »

Saab owner reports massive loss

Business & Money: 26 Mar 10
Spyker Cars, the Dutch niche car maker that recently purchased Sweden's Saab, reported losses on Friday equating to almost four times its sales for 2009. READ »

Spyker announces Saab jobs boost

Business & Money: 25 Mar 10
Swedish carmaker Saab aims to expand production sixfold over the next two years, and outlined plans to increase its workforce by 500, the firm's new owners, Spyker Cars, said on Wednesday. READ »

Saab production lines roll again

Business & Money: 22 Mar 10
At exactly 9.17am on Monday, Saab Automobile's production director Gunnar Brunius cut through a yellow ribbon to restart the production lines at the firm's Trollhättan factory. READ »

Saab's Russian backer seeks clean slate

Business & Money: 4 Mar 10
Vladimir Antonov, the Russian businessman and backer of Spyker Cars' takeover of Saab, has launched a campaign to clear his name from allegations of money laundering and organised crime. READ »

Saab suppliers recall redundancy notices

National: 24 Feb 10
The completion of the purchase of Saab by Dutch firm Spyker has led to several subcontractors withdrawing notices of redundancy. READ »

Spyker completes Saab deal

National: 23 Feb 10
Spyker and General Motors have completed the final paperwork to seal the Dutch luxury car maker's purchase of Saab Automobile. READ »

'Saab purchase delayed': Spyker CEO

Business & Money: 23 Feb 10
The purchase of Swedish car maker Saab by Spyker, scheduled to be completed on Tuesday, could be delayed by another day, the Dutch firm's CEO Victor Muller said on Tuesday. READ »

Antonov pledges $100 million for Saab deal

National: 19 Feb 10
Vladimir Antonov, the Russian businessman and backer of Spyker Cars, has pledged that he is ready to lend $100 million to the Dutch car maker in order to finance their takeover of Saab. READ »

Russian businessman finances Saab deal

National: 18 Feb 10
Vladimir Antonov, the Russian businessman forced to step aside as a condition of the takeover of Saab by Dutch Spyker, has claimed that his banks have financed the first downpayment to General Motors. READ »

Spyker chief opens door to Russian owner

Business & Money: 16 Feb 10
Spyker CEO Viktor Muller has declared that he would welcome the return of controversial Russian financier Vladimir Antonov to the firm, which recently announced the takeover of Sweden's Saab Automobile. READ »

Defence firm Saab returns to profitability

National: 14 Feb 10
Saab Automobile has been losing money for years. But the separate Saab military products company is posting nice profits, though not quite meeting market expectation. READ »

Spyker chief upbeat as EIB approves Saab loan

National: 12 Feb 10
The European Investment Bank has given the all clear for the completion of a €400 million loan to Saab Automobile. READ »

Saab green light from Spyker shareholders

Business & Money: 12 Feb 10
Spyker's shareholders have given the all clear fro the Dutch luxury car maker to press ahead with the purchase of Saab Automobile from General Motors. READ »


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Swedish word of the day

fin

adjective

Fin means anyhting from sweet to proper. When someone says, Du är så fin it's quite a compliment.



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