Global Information Lookup Global Information

Saab Automobile bankruptcy information


Saab Automobile was sold to Spyker Cars N.V. in 2010 after a deal between Spyker and then-current owner General Motors. After struggling to avoid insolvency throughout 2011, the company petitioned for bankruptcy following the failure of a Chinese consortium to complete a purchase of the company; the purchase had been blocked by former owner GM, which opposed the transfer of technology and production rights to a Chinese company. In 2012, Spyker filed a lawsuit against GM asking for US$3 billion in damages after GM had attempted to block the deals between Spyker and Chinese automaker Youngman, who were investing in Saab Automobile. Consequently, Saab was forced to file bankruptcy in 2012. Spyker's claim was dismissed in June 2013.

and 22 Related for: Saab Automobile bankruptcy information

Request time (Page generated in 0.8401 seconds.)

Saab Automobile bankruptcy

Last Update:

automaker Youngman, who were investing in Saab Automobile. Consequently, Saab was forced to file bankruptcy in 2012. Spyker's claim was dismissed in June...

Word Count : 4382

Saab Automobile

Last Update:

Saab Automobile AB (/sɑːb/) was a car manufacturer that was founded in Sweden in 1945 when its parent company, Saab AB, began a project to design a small...

Word Count : 8232

Spyker Cars

Last Update:

company that manufactured automobiles and aircraft. In 2010, the company acquired Swedish car manufacturer Saab Automobile from General Motors. In September...

Word Count : 5555

NEVS

Last Update:

Swedish electric car manufacturer which acquired the assets of Saab Automobile from a bankruptcy estate in 2012. After facing numerous financial difficulties...

Word Count : 2538

Victor Muller

Last Update:

sue General Motors over Saab's bankruptcy. Muller, stated, "Ever since we were forced to file for Saab Automobile’s bankruptcy in December of last year...

Word Count : 896

Saab Car Museum

Last Update:

The Saab Car Museum (Swedish: Saab Bilmuseum) is an automobile museum in Trollhättan, Sweden. It covers the history of the Saab brand of automobiles manufactured...

Word Count : 448

Youngman

Last Update:

19 December 2011, chairman Victor Muller was forced to file Saab Automobile for bankruptcy following the failed buyout by a Chinese consortium, which was...

Word Count : 1702

Saab Sonett

Last Update:

The Saab Sonett is an automobile manufactured between 1955 and 1957 and again between 1966 and 1974 by Saab of Sweden. Sonetts share engines and other...

Word Count : 2267

Automotive industry in Sweden

Last Update:

mainly associated with passenger car manufacturers Volvo Cars and Saab Automobile but Sweden is also home of two of the largest truck manufacturers in...

Word Count : 2074

General Motors Chapter 11 reorganization

Last Update:

GM sold Saab to Spyker Cars, later renamed Swedish Automobile. The Saab brand would collapse under Spyker in 2012 after filing for bankruptcy. As part...

Word Count : 6773

National Modern Energy Holdings

Last Update:

NEVS acquired the assets of Saab Automobile AB, Saab Automobile Powertrain AB, and Saab Automobile Tools AB from a bankruptcy estate. National Modern Energy...

Word Count : 167

Koenigsegg

Last Update:

with Beijing Automotive Industry Holdings Co. Ltd (BAIC) regarding SAAB Automobile AB – Koenigsegg Group AB" (Press release). 2009-09-09. Archived from...

Word Count : 4993

Automotive industry in South Korea

Last Update:

(2008-2013) Nissan (2008-2020) Saab (1988-2009) Subaru (2010-2012) Suzuki (1997) Automotive industry List of automobile manufacturers of South Korea Manufacturing...

Word Count : 3961

Automotive industry in the United States

Last Update:

approximately 10 million units annually. Notable exceptions were 5.7 million automobiles manufactured in 2009 (due to crisis), and more recently 8.8 million units...

Word Count : 9834

Kai Johan Jiang

Last Update:

in 2012 with the intention to acquire the main assets of Saab Automobile AB from the bankruptcy estate. The acquisition was finalized on August 31, 2012...

Word Count : 408

General Motors Europe

Last Update:

plunge towards bankruptcy, on May 30, 2009, it was announced that a deal had been reached to transfer New Opel (Opel plus Vauxhall, minus Saab) assets to...

Word Count : 2372

General Motors Kappa platform

Last Update:

Kappa was General Motors' subcompact rear-wheel drive automobile platform for roadster applications. The architecture debuted in the 2006 Pontiac Solstice...

Word Count : 942

Variable compression ratio

Last Update:

SAAB Automobile rekindled interest in variable compression when they introduced their SVC engine to the world at the Geneva motor show in 2000. SAAB had...

Word Count : 1293

Evergrande New Energy Auto

Last Update:

Evergrande's primary marque is Hengchi. After acquiring the assets of Saab from a bankruptcy estate in 2012, Evergrande also founded NEVS, while Koenigsegg had...

Word Count : 149

Carroll Shelby

Last Update:

Shelby. Carroll Shelby produced a line of eight-spoke alloy wheels for Saab automobiles in the early to mid-1980s. They were available in gold (Goldvane),...

Word Count : 7160

General Motors

Last Update:

successful in its attempts to sell Saab Automobile: the company closed a sale to Dutch automaker Spyker Cars in February 2010. Saab continued to perform poorly...

Word Count : 13749

Saturn Corporation

Last Update:

The Saturn Corporation, also known as Saturn LLC, was an American automobile manufacturer, a registered trademark established on January 7, 1985, as a...

Word Count : 3525

PDF Search Engine © AllGlobal.net