Sketch of upcoming next-generation Saab 9-3 comes from a presentation Saab made last year to the European Investment Bank.
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2014 Saab 9-3 design sketch leaked
2014 Saab 9-3 design sketch leaked
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Category Archives: European investment bank
EIB green-lights Swedish Automobile property sale as Saab eyes production restart
Filed under: Government/Legal , Plants/Manufacturing , Saab , Earnings/Financials Part of the Saab gambit for survival has been approved by the European Investment Bank. Saab’s parent company, Swedish Automobile, has been requesting approval for a plan to sell part of the property that its factory sits on in Trollh
Official: Saab secures $36M bridge loan from Gemini Investment Fund
Filed under: Europe , Earnings/Financials During the U.S. launch of the 2012 9-4X , Saab CEO Victor Muller told us that he was good at raising money, and he is probably going further than he ever wished to prove his point. It was announced this morning that Swedish Automobile, parent company of Saab, secured a €25-million ($36M U.S.) bridge loan from Gemini Investment Fund. It is the second infusion from Gemini in as many months, and brings to €66M ($95M) the amount of money Saab has raised this week alone.
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Official: Saab secures $36M bridge loan from Gemini Investment Fund
Report: Saab scores €13M order, Swedish real estate firm’s property offer in the wings
Filed under: Europe , Plants/Manufacturing , Saab , Earnings/Financials Saab may have finally found a willing partner to buy the company’s assets and lease them back to the automaker. According to Reuters , the Swedish real estate firm Hemfosa has agreed to make the move, but the complex financial situation surrounding Saab may make the deal difficult. The European Investment Bank must first sign off on the plan, and both Pangda and Youngman – two Chinese partners in the Saab dance – are also required to pay some money. Saab needs the deal to go through in order to secure short-term funding so that the manufacturer can continue to pay its employees
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Report: Saab scores €13M order, Swedish real estate firm’s property offer in the wings
Official: Saab to restart production after six-week suspension *UPDATE
Filed under: China , Europe , Plants/Manufacturing , Saab , Earnings/Financials Six weeks have passed since Saab was forced to halt production of its 9-3 and 9-5 models in Sweden due to a lack of funds needed to pay suppliers. The automaker had hoped to get production back up and running after it agreed to a deal with Chinese automaker Hawtai Motors, but that plan was scrapped after the agreement failed to materialize. But now there’s a new Chinese suitor in town.
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Official: Saab to restart production after six-week suspension *UPDATE
Official: Saab to restart production after six-week suspension *UPDATE
Filed under: China , Europe , Plants/Manufacturing , Saab , Earnings/Financials Six weeks have passed since Saab was forced to halt production of its 9-3 and 9-5 models in Sweden due to a lack of funds needed to pay suppliers. The automaker had hoped to get production back up and running after it agreed to a deal with Chinese automaker Hawtai Motors, but that plan was scrapped after the agreement failed to materialize. But now there’s a new Chinese suitor in town. A Memorandum of Understanding has been signed between Pang Da Automobile Trade Co
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Official: Saab to restart production after six-week suspension *UPDATE