Spyker submits offer on Saab
07/01/10 19:52 Filed in: News
Spyker Cars, of The Netherlands, today
confirmed it has made a revised offer to General Motors for the
acquisition of Saab Automobile AB.
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Saab: The end.
19/12/09 15:20 Filed in: News
A short statement from Spyker signals
the end of the road for Saab. The General Motors-owned Swedish
manufacturer is now expected to close its doors after 71
years.
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Koenigsegg moves closer to take Saab
16/06/09 14:19 Filed in: News
General Motors and Koenigsegg have
reached an understanding that could pave the way for Saab to return
to secure Swedish ownership.
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GM is largest-ever industrial US bankruptcy
01/06/09 15:21 Filed in: News
General Motors has filed for
bankruptcy protection under Chapter 11 of the United States
Bankruptcy Code, making it the largest-ever industrial bankruptcy
in the USA.
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GM Europe continues as US operations bankrupt
01/06/09 21:43 Filed in: News
GM Europe has issued a press statement
to make it clear that the European operations of the car giant are
continuing as normal and are not included in the moves for
bankruptcy protection by the US parent. The statement also confirms
that GM Europe has secured bridge financing from the German
government and an MOU to partner with Magna International
Inc.
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GM ready to offload Hummer
02/06/09 21:29 Filed in: News
General Motors, which yesterday filed
for bankruptcy protection, says it has reached an understanding
with a buyer to sell its Hummer brand. The sale is not expected to
take place until the third quarter of this year and is subject to a
number of conditions.
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America's motor giants face uncertain future
Leaders of America’s big three motor
giants – GM, Chrysler and Ford – headed to Washington seeking a
rescue package from the US government.
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