-
Recent Posts
- Bidenomics – Fiscal Policy Increased Car Sales During 2020
- Auto Industry Continues to Rebound from Pandemic Lows
- Suniva, Heliene to Make First U.S. Domestic Content Solar Cells
- Honda Racing has a New UK Formula One Base
- Hyundai 2025 Santa Cruz Debuts in New York
- PEVE to Become Toyota Battery Company
- Home EV Charging More Satisfying Than Public Charging
- Workers File Union Busting Charges Against Mercedes-Benz
- EPA Issues PFAS Test Order with Immediate Effect
- VW Chattanooga UAW Vote Set for April 17-19
- New Dodge Charger, Chrysler 300, Ram ProMaster Recalls
- Bentley CEO Adrian Hallmark Abruptly Leaves
- Toyota to Build New Tokyo Corporate Headquarters
- Chattanooga VW Workers Want UAW Election
- March US Vehicle Sales Up. Record Q1 Consumer Spending!
Recent Comments
- Janet L. Yellen on EPA Celebrates Inflation Reduction Act Anniversary
- Lael Brainard on Auto Industry Continues to Rebound from Pandemic Lows
- United Auto Workers Union on EPA Finalizes Vehicle Pollution Standards for 2027-32
- Sam Fiorani on Bidenomics and the State of the Union
- Gary Wilson on GM Expands Airbag Recalls Over Supplier ARC’s Objections
Archives
Meta
Tag Archives: swan
Saab Files for Bankruptcy. It’s All Over Except for Mourning
The end of Saab was practically assured last Saturday when General Motors reiterated a long-standing position against Saab transferring GM intellectual property to the Chinese and having Chinese companies build a rebadged Cadillac SRX as a Saab in China. GM is the largest automaker in China, albeit with communist government dictated partners. Continue reading
Posted in auto news, economy, financial results, news, news analysis, results
Tagged auto informed, auto tariffs, autoinformed.com, automotive news, chinese auto industry, GM, Ken Zino, pang da, saab, saab bankruptcy, spyker, swan, trade, wto, youngman
1 Comment
Saab Files for Bankruptcy in Sweden. State to Pay Workers
In the months ahead, the Swedish government will pay Saab’s 3,700 workers while a reorganization plan is debated. Saab suspended worker payments in July, as the company only sold fewer than 13,000 automobiles and posted a loss of -€201.5 million during the first half. The grim reality is that Saab Automobile after decades of losses, changes of ownership and financial engineering has limited financial resources and options remaining. Continue reading
Posted in auto news, economy, financial results, news analysis, results
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, chinese auto industry, ec industrial policy, Ken Zino, saab, saab automobile, saab bankruptcy, saab reorganization, spyker cars, swan, zino
Leave a comment