reorganisation

Inside Saab Automobile

Project Cheetah

The Cheetah is the world’s fastest land-based animal and right now, Saab is looking to employ some speed when dealing with reorganising its business. We are aiming to make substantial efficiency gains and cost savings as we become more competitive for the future. Work began on Project Cheetah on the strategic level even before the reorganisation decision came through. Today,

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News

Press Release: Saab Automobile Voluntary Reorganization Filing Approved

Trollhättan, Sweden: Swedish Automobile N.V. (Swan) announces that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (collectively Saab Automobile) received approval for their proposal for voluntary reorganization from the Court of Appeal in Gothenburg, Sweden today. The purpose of the voluntary reorganization process is to secure short-term stability while simultaneously attracting additional funding,

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News

Reorg: Yes.

We’ve just heard that the Swedish court has approved our appeal, and thereby granted us reorganisation status. This decision will provide stability that’s much needed as we get things together in advance of our dealing with Chinese partners in the future. Never, ever give up. Press Release to follow.

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News

Reorg appeal: The first ‘Yes’

Press Release from SWAN: COURT OF APPEAL GRANTS RIGHT OF APPEAL TO SAAB AUTOMOBILE IN VOLUNTARY REORGANIZATION CASE Zeewolde, The Netherlands, 19 September 2011 – Swedish Automobile N.V. (Swan) announces that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (collectively Saab Automobile) received a right to appeal from the Court of Appeal in

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News

Press Release: Saab Automobile Lodges Appeal Against District Court Ruling

Trollhättan, Sweden: Swedish Automobile N.V. (Swan) announces that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (collectively Saab Automobile) today lodged their appeal against the District Court’s decision last week to reject Saab Automobile’s proposal for voluntary reorganization. The appeal will be heard by the Court of Appeal in Gothenburg, Sweden. Saab Automobile

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News

Press Release: Saab Automobile Update On Voluntary Reorganization

Trollhättan, Sweden: Swedish Automobile N.V. (Swan) announces that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (collectively Saab Automobile) aim to submit their appeal on the District Court’s decision to reject Saab Automobile’s proposal for voluntary reorganization on Monday September 12, 2011. In yesterday’s decision, the District Court argued that the application of

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