Swedish Automobile N.V. (SWAN) announces that Saab Automobile AB (Saab Automobile) obtained final approval from the EIB, the NDO and the Swedish government for the sale and lease back of the Saab property. The consortium of Swedish real estate investors led by Hemfosa Fastigheter, and including among others, Brinova Fastigheter AB, PEAB and Weland Fastigheter will purchase 50.1% of the […]
Another piece of great product news is out today. Safety is, of course, one of our brand pillars so it’s great to see our newest vehicle, the Saab 9-4x, fitting in with the family ethos. – SW —— The new Saab 9-4X crossover has earned ‘Top Safety Pick’, the highest rating for crashworthiness awarded by the Insurance Institute for Highway
Saab 9-4X Joins Saab 9-5 Sedan in earning Top Safety Pick 2011 Read Post »
Trollhättan, Sweden: Swedish Automobile N.V. (SWAN) and Saab Automobile AB (Saab Automobile) today announced the signing of final agreements with Pang Da Automobile Trade Co., Ltd. (Pang Da) and Zhejiang Youngman Lotus Automobile Co., Ltd. (Youngman), thereby converting the non-binding memorandum of understanding relating to the equity investment of Pang Da and Youngman announced on 13 June 2011 into binding
Trollhättan, Sweden: Swedish Automobile N.V. (SWAN) announces that it entered into a EUR 25 million convertible bridge loan agreement with Gemini Investment Fund Limited (Gemini), thereby securing additional short-term funding. SWAN entered into a EUR 25 million convertible bridge loan agreement with Gemini with a 6 months maturity. The interest rate of the loan is 10% per annum and the
Trollhättan, Sweden: Swedish Automobile N.V. (Swedish Automobile) announces that Saab Automobile AB (Saab Automobile) have reached a conditional agreement with respect to a sale of 50.1% of the shares in Saab Automobile Property AB (Saab Property) with a transaction value of SEK 255 million (EUR 28 million). A consortium of Swedish real estate investors, led by Hemfosa Fastigheter AB (the
Trollhättan, Sweden: Swedish Automobile N.V. (Swedish Automobile, formerly Spyker Cars N.V.) announces that a Chinese company placed an order to purchase 582 Saab vehicles with a total value of EUR 13 million from Saab Automobile AB (Saab Automobile) and the full pre-payment is expected to be received this week, providing Saab Automobile with short-term funding to pay the wages to
Press Release: Swedish Automobile Update On Additional Short-Term Funding Read Post »
Zeewolde, The Netherlands, 23 June 2011 – Swedish Automobile N.V. (Swedish Automobile, formerly Spyker Cars N.V.) announces that Saab Automobile AB (Saab Automobile) will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding. Swedish Automobile and Saab Automobile are in discussions with various parties to obtain short-term funding, including via the
He’s probably going to kill me for writing this up publicly 🙂 I’m very, very pleased to pass on that Saab’s Director for the Nordic Region, Magnus Hansson, has received a Rising Star Award from Automotive News Europe. Automotive News Europe is delighted to announced its first winners of the Rising Stars — a new annual award that honors mid-
On Monday, a group called Gröna Bilister (Swedish Association of Green Motorists) presented a list of the 41 cars that reached the final of their Best Environmental Car award. A satisfied Joachim Lind from ANA, the Saab dealership in Trollhattan, is seen at right posing with the car that was the first choice amongst a jury of journalists involved with
Saab ANA Win journalists’ Green Award for Tri-Fuel Saab 9-3 Read Post »
The Saab 9-5 Sedan has earned the highest rating for crashworthiness in the United States. The “Top Safety Pick” is awarded by the Insurance Institute for Highway Safety (IIHS, www.iihs.org), a research and communications organization funded by auto insurers in the US. IIHS performs full tests for front impact (offset) and side impact crashes. Seat/head restraints also undergo a simulated
Press Release: Saab 9-5 Sedan earns Top Safety Pick 2011 Read Post »
Trollhättan, Sweden: Spyker Cars N.V. (Spyker) announces today that Spyker, Saab Automobile AB (Saab Automobile), Pang Da Automobile Trade Co., Ltd (Pang Da) and Zhejiang Youngman Lotus Automobile Co., Ltd. (Youngman) signed a non-binding memorandum of understanding (MOU). The MOU includes an equity participation in the total aggregate amount of about EUR 245 million as well as a strategic alliance
