Saab General Motors might hinder the sale to the Chinese

Really seem to never end the troubles in recent times for Saab. The latest update on the troubled story of the Swedish comes from Reuters, which reports some remarks made by General Motors regarding the sale of the two Chinese From Pang and Youngman. GM says it is difficult to support the handover of Saab ...

Tags: Saab, saab Chinese sales

Saab Presented the Restructuring Plan

Today in Vänersborg Saab has presented a preliminary restructuring plan to its creditors. In the note release issued today by the Swedish company, the biggest news is surely the arrival of the money needed for survival by the new Chinese owners: From Pang and Youngman “have expressed their commitment” to fund the plan, says the ...

Tags: saab 9-4x, saab 9-5 sportcombi

Saab Signed the Memorandum for the Sale to the Chinese From Pang and Youngman

Saab will be saved by selling 100% of the assets of Pang and Youngman from the Chinese  for 100 million euros. Swedish Automobile has recently released this information after it has signed a memorandum for the sale of Saab Automobile and Saab Great Britain with the same partners with whom negotiations had already interotto few ...

Tags: pangda, saab bankruptcy, saab sale

Saab: From the end of negotiations with Pang and Youngman

Swedish Car has abruptly canceled the memorandum of understanding with partners and Youngman From Pang, accused for not having complied with the agreed arrangements. This new and unexpected chapter affect the rescue of the Saab brand, which is subject to the partnership agreement signed in July: Swedish Car (owner of the Swedish manufacturer) would have ...

Tags: Saab, Swedish car, Victor Muller, Youngman