SAAB: green cars with CO2 emissions under 150g/km

Latest Green Car News

News in brief: Saab files for bankruptcy

It has been a turbulent year for the Saab brand – and now it appears the company is on the verge of collapse. Swedish Automobile NV has announced that Saab Automobile, as well as its subsidiaries Saab Automobile Tools and Saab Powertrain, have filed for bankruptcy with the District Court. Saab has been informed that [...]

Latest developments in Saab Automobile saga

You might need a personal organiser to keep up to date with all the developments surrounding Saab Automobile – but now there is more breaking news. Just five days after the termination of its strategic partnership with Hawtai Motor Group (see article), Spyker Cars NV has now announced that it and Saab have signed a [...]

Saab loses funding agreement with Hawtai

In a severe blow to the future of motoring brand Saab, Spyker Cars NV and Hawtai Motor Company have terminated their agreement regarding funding. The plan was for Spyker to have entered into a subscription agreement with Hawtai for the total amount of €120million for in aggregate 24.6million shares as well as a €30million convertible [...]

Saab enters agreement with Hawtai Motor Group

It was just yesterday (see article) that we broke the news about Spyker securing €59.1million in financing so that Saab Automobile could resume production, and now the company has entered into an agreement with Hawtai Motor Group Company. The agreement secures medium term funding and includes financing in the form of subscription agreements to the [...]

Saab Automobile to resume production

Saab Automobile will soon resume production after Spyker Cars NV secured short term funding thanks to a €30million convertible loan agreement with Gemini Investment Fund Limited. The loan agreement has six months maturity with an interest rate of seven per cent; and in addition to the €30million, Saab will also make a drawdown request to [...]

Saab unveils Phoenix hybrid concept

The Geneva Motor Show opened to the Press yesterday with many new concepts vying to steal the spotlight. However, one vehicle that really grabbed our attention was the new Phoenix from Saab. The Saab Phoenix concept car includes design features and technologies that are meant to shape the next generation of vehicles. It is based [...]

Saab 9-3 Griffin cuts fuel across the range

Replacing the Saab 9-3 Sport Sedan, SportCombi, Convertible and 9-3X is the new Saab 9-3 Griffin range – and in addition to refreshed styling, the vehicle also boasts a more fuel efficient engine range. New 2.0litre petrol engines help the vehicle to 163hp and 220hp with 320Nm and 350Nm of torque as well as fuel [...]

BMW to provide Saab with greener engines

Spyker-owned car maker Saab is set to benefit from BMW’s fuel saving know-how after the German manufacturer agreed to supply engines to the newly re-launched brand. The previously GM-owned and loss-making firm is seeking to improve its range of vehicles and the deal with BMW should help it produce cars that are more fuel efficient [...]

Saab launches new electric venture

The newly-independent and re-launched Saab has announced that it is to launch a joint venture to develop electric and hybrid drivetrains. The new company will be jointly owned with American Axle Manufacturing (AAM) and will be based in Trollhättan-also home to Saab’s headquarters. The new firm-called e-AAM- will first develop and market an innovative electric [...]

New Saab 9-3 is cleanest yet

The new Saab 9-3 will have emissions of just 119g/km CO2 when it goes on sale, bringing it in line with its competitors such as the BMW 1 series (with emissions from 118g/km CO2) and Audi A3 (with emissions from 99g/km CO2).   Aimed at the competitive company car market, the new 2011 Saab 9-3  [...]