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Spyker_cars

The following articles have been tagged with "Spyker_cars":

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 »

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 »

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 »

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 »

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 »

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 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 »

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 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 »

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 »

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 »

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 »

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 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 »

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 »

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 »

Sweden reacts with joy and caution to Saab sale

National: 27 Jan 10
Unbridled enthusiasm and cautious optimism, along with a dash of outright scepticism, marked the editorial pages of Swedish newspapers on Wednesday in reaction to news of Saab Automobile’s sale to Spyker Cars. READ »

Spyker chief to preserve Saab's 'Swedishness'

National: 27 Jan 10
Shortly after the announcement that his company was purchasing Saab Automobile, Spyker Cars CEO Victor Muller vowed to keep the "iconic" Saab brand afloat amid the current car industry crisis. READ »

Saab enters new era

Business & Money: 26 Jan 10
Saab Automobile has been rescued from extinction as owner General Motors agrees to sell the iconic Swedish brand to Dutch sports car maker Spyker. READ »

Trading in Spyker halted on Dutch exchange

Business & Money: 26 Jan 10
Trading in Dutch sports car maker Spyker has been halted on the Euronext Amsterdam stock exchange as speculation mounts about a takeover of Saab Automobile. READ »

Saab deal not yet done: General Motors

National: 25 Jan 10
General Motors and the Swedish government have both poured cold water on rumours that Saab has been sold to Dutch sports car maker Spyker. "Negotiations are still ongoing," according to a GM spokesman. READ »

Dutch billionaire could save Saab: report

Business & Money: 25 Jan 10
Dutch billionaire businessman Marcel Boekhoorn has upped his investment in Saab suitor Spyker, replacing the Russian bankers who represented a stumbling block to the deal for General Motors, according to Swedish media reports. READ »

Only one bidder for ailing Saab: report

National: 17 Jan 10
Dutch boutique car maker Spyker Cars is said to be the only remaining bidder for the troubled General Motors unit Saab Automobile based in Sweden. Saab is in the first stage of gradually being liquidated. READ »

Spyker chief: we've shown GM the money

Business & Money: 13 Jan 10
Saab can still be sold, Dutch sportscar maker Spyker insisted once again on Tuesday, claiming it had the money needed to purchase the Swedish brand. READ »

Last-ditch Swedish effort to save Saab

National: 10 Jan 10
The Swedish Government has evidently not given up hope that the ailing Swedish-based Saab Automobile can be saved, as a delegation makes its way to General Motors headquarters in Detroit. READ »

GM confirms multiple Saab bidders

National: 8 Jan 10
General Motors confirmed on Friday that it has received a number of bids for Swedish unit Saab Automobile. READ »

Spyker confirms revised Saab bid

National: 8 Jan 10
Dutch sports car maker Spyker has confirmed that it submitted a renewed bid for Saab Automobile before the expiry of General Motors' Thursday evening deadline. READ »

No government rescue for Saab: Olofsson

National: 18 Dec 09
Sweden's enterprise minster Maud Olofsson lamented the "very sad" news on Friday of the imminent demise of Saab Automobile, while also reiterating her long-held assertion that the government will not step in to save the brand. READ »

GM set to wind down Saab

National: 18 Dec 09
US car maker General Motors is to shut down Saab as talks collapse with Dutch sportscar manufacturer Spyker over the acquisition of GM's Swedish unit. READ »

Dutch luxury carmaker confirms interest in Saab

National: 2 Dec 09
A second niche luxury sports carmaker, Spyker, has confirmed it is interested in buying Saab Automobile. READ »


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Blog Update: The Local's Blog

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adjective

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