Entries tagged "Saab Automobile AB"

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Plan from Saab, unsecureds may be rivaled

The bankrupt former automaker and its unsecured creditors will seek approval for their joint liquidation plan on Nov. 16, but the debtor's biggest secured creditor wants to present an alternative proposal. Continue reading

Posted on October 23, 2012 8:29 AM

National Electric wheels in bankrupt Saab

The buyer, majority-owned by an investment vehicle of Sino-Swedish businessman Kai Johan Jiang, hopes to manufacture electric cars based on the Swedish carmaker's gas-powered models Continue reading

Posted on June 13, 2012 10:52 AM

Saab Automobile to file for bankruptcy

Parent Swedish Automobile expects to write off the value of the Swedish carmaker after preference shareholder General Motors blocks a Chinese investment plan Continue reading

Posted on December 19, 2011 7:16 AM

Administrator seeks to cancel Saab bankruptcy process

The Swedish carmaker is once again running low on gas after General Motors rejects its latest funding plan Continue reading

Posted on December 7, 2011 10:25 AM

Saab grabs a lifeline

The Swedish automaker could be saved from bankruptcy after its owner reaches a compromise deal to sell the business to two Chinese buyers for $142 million. Continue reading

Posted on October 28, 2011 12:50 PM

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