SAAB filed for bankruptcy

December 20, 2011Goran AničićNo commentbankruptcy General Motors Saab

Swedish carmaker “Saab”, initiated bankruptcy proceedings after the last failed attempt to survive in the market, when the former owner of “General Motors” blocked rescue deal with Chinese company to investors.

Officials “Saab” today filed bankruptcy documents. The current owner of the “Saab”, “Svidiš car”, which is 2010. Bought the company from “General Motors”, said that without new investment company will be insolvent and that bankruptcy is in the best interests of its creditors.

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“General Motors,” which bought 50 percent of the property “Saab” in 1989. Completely and then acquired the property in 2000, and still owns some technology licenses buffet car and does not want them to belong to Chinese competitors.

Tags:bankruptcy General Motors Saab

Goran AničićDecember 20, 2011

the authorGoran Aničić

For over 15 years, Goran Aničić has been passionately focused on Saab automobiles and everything related to them. His initial encounter with Saab cars took place back in 2003 when the first Saab 9-3 and sedan version were introduced. At that moment, he was captivated by the car's Scandinavian design logic and top-notch engineering, and everything that followed stemmed from that first encounter. Later on, through his work at the editorial team of the Serbian automotive magazines "Autostart" and later "AutoBild," he had the opportunity to engage more closely with Saab vehicles. In 2008, he tested the latest Saab cars of that time, such as the Saab 9-3 TTiD Aero and Saab 9-3 Turbo X. In 2010, as the sole blogger from the region, he participated in the Saab 9-5ng presentation in Trollhättan, Sweden. Alongside journalists from around the world, he got a firsthand experience of the pinnacle of technological offerings from Saab at that time. Currently, Goran owns two Saabs: a 2008 Saab 9-3 Vector Sportcombi with a manual transmission, and a Saab 9-3 Aero Griffin Sport Sedan from the last generation, which rolled off the production line in Trollhättan in December 2011.