Category Archives: SAAB

SAAB confirms plans for new mini rival

Posted on 05/07/2011 by Matt Topham

Saab has taken another step towards safety with the finalisation of a 245m Euro (£220m) financial rescue package, and has wasted no time in announcing it intends to make three new models. The most eye-catching of these is a small … Continue reading →

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SAAB Production set to start again

Posted on 03/05/2011 by Matt Topham

Saab plans to resume production within a week after its parent company Spyker Cars secured a 30m euro loan from investment fund Gemini. That came hours before an announcement this morning of more investment, this time from Chinese vehicle manufacturer Hawtai. … Continue reading →

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Saab Production Halted

Posted on 12/04/2011 by Matt Topham

Spyker says it has halted Saab production due to a short-term liquidity crunch which it must resolve to pay suppliers. At full capacity, Saab can make about 200 cars a day, but the factory, which employs about 1,200 production workers, … Continue reading →

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