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  1. Saab Confirms Loan from China's Youngman


    Narrowly escaping bankruptcy and liquidation for the 17th time (ok, maybe that's an exaggeration), Saab has confirmed receipt of a 70 million Euro payment from Chinese investor and automaker Zhejiang Youngman Lotus Automobile Co.

    Far from a magic wand that will make all of Saab's troubles go away, the automaker continues to operate in its restructuring phase, with ...
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  2. Saab 9-5 Is Singapore's Car Of The Year


    The tiny island nation of Singapore is best known for its laws banning chewing gum and instituting corporal punishment against criminals, and apparently, a big lover of the Saab 9-5.

    The obscure Swedish sedan was named "Car of the Year" by a local publication called "Consumer Guide", according to Saab's PR department. Car taxes in Singapore are severe and import restrictions ...
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  3. Saab 9-3 eAWD Demo Vehicle to be Showcased at SAE All-Wheel Drive Symposium


    At this week's SEA All-Wheel Drive Symposium in Bloomfield Hills, Michigan, OEM supplier BorgWarner will show off its next generation of AWD systems including a new hybrid-electric setup. The system, known as eAWD, will be fitted to a Saab 9-3 and BorgWarner claims it will offer, "superior stability and traction with lower emissions and up to 20 percent better fuel economy."

    Saab ...
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  4. Saab To Reach Deal With Chinese Investors By End Of this Year



    After more than a year of struggle under Spyker's management, many thought Saab would have succumbed to its financial woes already, yet somehow the Swedish automaker has been able to pull a few tricks out its bag just as it would seem that its luck had run out.

    The latest reports indicate that Saab's two Chinese suitors, Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co., are aiming ...
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