Volvo is seeking a €600 million loan from the European Investment Bank under new Geely ownership.
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Spyker reveals more details on Saab deal as well as Saab business plan, gets extra funding
Spyker has released more details on their Saab deal with GM, as well as their business plan for Saab.
Details on Spyker’s purchase of Saab
We posted yesterday about Spyker finally getting their hands on Saab, but not many details were available at the time. Now though, we can bring you some of the details on the deal.
Spyker extends deadline on Saab deal, Mahindra expresses interest in Saab
Originaly, Spyker had set a deadline of 5:00 PM EST today for General Motors to make a decision on their revised deal. Now, Spyker has decided to extend that deadline.
Saab's fate: It's do or die at this point
Today is Saab’s last battle for life, as General Motors reconsiders their decision with the Swedish government influencing them and Spyker making a new offer.
Koenigsegg pulls out of Saab deal, two new bidders emerge
As you may already know from other news sources (We never mentioned this, my apologies), Koenigsegg, who planned to buy Saab, pulled out of the deal. The brand’s future was beginning to look bleak.