Several Swedish dealerships have decided to pull Saab cars from their showrooms as debt collectors continue to investigate the troubled Swedish automaker and employees face continued uncertainty about their next paycheck.
The European Investment Bank on Thursday confirmed a loan to Swedish carmaker Saab was approved on condition Russian businessman Vladimir Antonov did not take over, a report said.
Cash-strapped Swedish carmaker Saab Automobile is hopeful of restarting frozen production lines within two weeks after receiving orders totalling 10,000 vehicles.
The future of disaster-riddled carmaker Saab doesn’t look bright, according to several analysts, who say that holding back salaries is a company’s very last way out.
While production at cash-strapped Swedish automaker Saab's factory will be down for two more weeks, the company needs the 800 suppliers to accept their repayment scheme by today in order to re-start production in July.
Saab chairman Victor Muller arrived in Trollhättan on Tuesday to brief employees on the cooperation with Chinese firm Pang Da and to apologise for the turbulence of recent weeks.
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 evening.
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.
A supplier to Swedish carmaker Saab said Friday it had resumed deliveries to the brand, sold last year to luxury Dutch carmaker Spyker, because of unpaid bills.
Japanese carmaker Subaru has announced its desire to start making vehicles in Sweden, possibly at a vacant Saab Automobile facility in western Sweden's Trollhättan.
Controversial Danish director Lars von Trier has begun shooting Melancholia in Trollhättan with a star-studded cast, including Swedish father and son Stellan and Alexander Skarsgård.
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, according to the company’s annual report, released on Tuesday.
A 98-year-old woman in Trollhättan in western Sweden has reported a doctor for mistakenly issuing her death certificate after confusing her personal data with her deceased husband's.
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.
After many months of waiting, 250 foreign journalists visited Trollhättan on Monday to test Saab Automobile's new flagship vehicle, the new second-generation Saab 9-5.
A Swedish-Norwegian co-production is close to completing its recruitment drive for a team of 70 hairy, naked extras to fill the backdrop of a new movie to film in Trollhättan in June.
Dutch billionaire businessman Marcel Boekhoorn has upped his investment in Saab suitor Spyker Cars of the Netherlands, trade union newspaper Dagens Arbete reports.
At noon on Tuesday, thousands of Saab Automobile employees gathered outside the company’s factory in Trollhättan in western Sweden to signal their displeasure with the behaviour of Saab owner General Motors (GM).
Saab enthusiasts in North America are heading to Detroit in hopes of urging the company’s US-owner General Motors to sell the struggling Swedish automaker instead of shutting it down as Dutch luxury carmaker Spyker puts the finishing touches to a final bid.
A French-born, US-based marketing expert who has often criticized American carmakers claims he can turn around troubled Swedish automaker Saab Automobile.
