Tag Archives: Saab

Last 900 Saabs to be auctioned off by Ally Financial

Ever since Saab went bankrupt again last year, many brand-new cars built by them have remained untouched at various shipping ports. But now, Ally Financial has seized these last 900 cars due to Saab’s inability to pay towards an outstanding loan, and will be auctioning them off next week.

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Saab soldiers on, now sold to National Electric Vehicle Sweden

The never-ending Saab saga continues once again. This time around, after having gone bankrupt yet again, the brand has been sold to National Electric Vehicle Sweden, a Chinese-Japanese consortium, for an undisclosed price.

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Saab 9-4X crossover officially unveiled

Saab’s 9-4X crossover has been officially unveiled, with its world premiere set for this year’s Los Angeles Auto Show. Although the company is now owned by Spyker, this car was developed under General Motors’ control, sharing a lot of its underpinnings with the Cadillac SRX.

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