Saab has filed for bankruptcy in Sweden, which is likely to be a death knell for the storied automaker. But just because headquarters has filed doesn’t mean that Saab North America will follow suit. Funk Flex Find Flex On Google+
Auto Talk: Saab suspends all warranty coverage, cars to be sold as-is
According to a leaked memo to Saab dealers obtained by Autoblog, the bankrupt automaker is ceasing all warranty coverage on its vehicles in North America. Funk Flex
Auto Talk: Saab Suspends Warranty Coverage On North American Vehicles
Saab has suspended warranty coverage on all of its vehicles in North America. Additionally, new vehicles must be sold “as is.” Click below to read the rest of the story. Funk Flex Find Flex On Google+
Auto Talk: GM Turns Down Newest Saab Proposals As Hope Dims
A court hearing on Monday, December 19 will decide whether Saab remains shielded from creditor claims. If the judge decides to end the reorganization and make Saab face its investors, then Victor Muller and Co. will have a week or so to find an astronomical sum of cash if they want to keep the company operating. Funk Flex Find Flex On Google+
Auto Talk: Bank of China to become Saab investor
Saab is showing its tenacious spirit more now than ever before, with word of another reworked proposal sliding across the desk. This latest plan, reports Automotive News, has the Bank of China assuming part ownership of Saab. The bank takes the place of Pang Da in a partnership with Youngman, and the hope is General Motors will find this latest arrangement suitable to approve where it had nixed previous proposals. Funk Flex
Auto Talk: Bank of China To Take Stake in Saab
According to several reports, Saab’s Dutch owner, Swedish Automobile, and China’s Youngman have agreed that the Bank of China will come in as part owner of the ailing Swedish carmaker. Read more after the jump… Funk Flex Find Flex on Google +
