The European Investment Bank has finally approved the lease of 50.1% of Saab Automobile’s property to a Swedish Consortium led by Hemfrosa Fastigheter AB for a period of 15 years. The deal is expected to net Saab Automobile 25 million Euros ($41 million). Read more »
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Saab
- Say Again? Saab 9-5 Sedan 2.8V6 Turbo Named Car of the Year in Singapore
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- Report: Saab has Yet to Receive Chinese Funds
- Spyker to be Sold to US-based Equity Firm for €32 million
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- Saab North America Optimistic about Future, Despite Being Left Out of Reorganization Plan
- Saab Seeks Court Protection from Creditors, Formulates Reorganization Plan
- Saab: Victor Muller is Hopeful of Quick Solution, but Reorganization is also on the table
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- Swedish Regulator Prepares to Seize Saab Assets as the Automaker Hires Endeavor to Secure New Funding
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- New Saab 9-3 to Debut in Early 2013 with a Different Name, 9-2 Successor Still on the Table
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