Finally, there has been some good news for Saab fans. According to a recent report appearing in British magazine Autocar, the Saab museum has been saved from destruction.
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Saab Museum rescued by Trollhattan – report
Filed under: Classics , Europe , Saab , Earnings/Financials Despite the popular saying, history cannot simply repeated. So, when faced with the possibility of losing the entire classic collection of cars that had made up the official Saab museum in Trollh
Filed under: Saab , Earnings/Financials It’s a Saab story, we know, but this is – in all likelihood – the end of the road for Sweden’s “other” automaker. Sure, there are still talks of one foreign entity or another picking up where GM and Swedish Automobile (Swan)/ Spyker left off, but even if they do, they’ll have a heck of a lot of work on their hands. And that includes rebuilding its presence in North America.
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Report: Saab Cars North American undergoing bankruptcy liquidation
Filed under: China , Saab , Middle East The next chapter in the Saab opera has a new protagonist called Brightwell Holdings, a Turkish private equity firm. Brightwell is is perhaps the unknown Turkish entity mentioned last year as having an interest in bankrupt Saab, along with India’s Mahindra & Mahindra . A board member at Brightwell said the company will spend two weeks evaluating Saab’s assets and then will make a bid, “there’s no question.” Turkey doesn’t have a national car company, but it does have plenty of automotive manufacturing expertise since Ford , Fiat and Renault have factories there. Brightwell has said it would keep Saab production in Trollh
A new bid for the bankrupt Saab Automobile could be under way by Turkish private-equity firm, Brightwell Holdings.
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Turkish private equity firm to bid for Saab
Swedish Automobile is assessing a potential sale for their sports car unit, Spyker Cars while new hope has emerged for the ailing Swedish brand, Saab, as Chinese group Zhejiang Youngman Lotus Automobile indicates a fresh bid could arrive next week.
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New Youngman offer for Saab coming – Spyker for sale, again