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Statement: Further clarifications made by Victor Muller in respect of salary payments

In the past few days Saab Automobile AB’s CEO and Chairman Victor Muller has made statements that the company is in a position to make salary payments to its employees but would not be able to do so because of legal restrictions. These statements have unfortunately led to the interpretation that the funds would be available within Saab Automobile AB.

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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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Press Release: Court rejects voluntary reorganization application. Saab Automobile to appeal decision

Zeewolde, The Netherlands, 8 September 2011 Swedish Automobile N.V. (Swan) announces that the District Court in Vänersborg, Sweden today rejected the proposal for voluntary reorganization by Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (collectively Saab Automobile). Saab Automobile is disappointed with the ruling and will appeal the District Court’s decision. Swan will

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Inside Saab Automobile

Today at Saab Automobile – reorganisation announcement

Saab Automobile lodged an application for reorganisation today. A decision on this application is still pending as I write this. If granted, the reorganisation process will allow us court protection from creditors’ actions whilst we continue making the financial arrangements we need to carry us into our long-term deals with partners from China. As you might imagine, it was a

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Press Release: Saab Automobile AB Files For Voluntary Reorganization

The following is a release from Swedish Automobile: —— 7 September 2011 Saab Automobile AB Files For Voluntary Reorganization, Saab Automobile Parts AB And Overseas Subsidiaries Excluded 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) will file for voluntary reorganization today at

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