Showing posts with label SAAB. Show all posts
Showing posts with label SAAB. Show all posts
Monday, June 20, 2016
Wednesday, January 21, 2015
Monday, April 07, 2014
did you hear the Saab museum went bankrupt and sold all it's cars? I just learned
photos by K. Long, who visited the museum in 1997. Find his excellent Flickr gallery at http://www.flickr.com/photos/24041160@N02/sets/72157604894593002/with/5300941776/ found on http://bringatrailer.com/2012/01/16/breaking-story-120-car-saab-factory-museum-bankruptcy-sell-off/ via http://flaviogomes.warmup.com.br/2012/01/ufa-5/
Monday, February 24, 2014
vintage rally Saab 96
Tells the story of a 1961 SAAB 96 that the chairman of the U.S. SAAB collectors club, Bruce Turk, restored and then turned into a rally car.
found on http://flaviogomes.warmup.com.br/
Tuesday, July 09, 2013
Saturday, December 24, 2011
SAAB filed for bankruptcy last week... brought low by GM's bankruptcy and pathetic management, who've blocked its sale to Chinese companies in fear that Chinese would get GM technology and processes. Like that hasn't happened already
Saab CEO Victor Muller said "the last nail in the coffin" was previous owner General Motors Co.'s rejection of a Chinese company's attempts to gain control of the ailing Swedish brand.
Volvo Cars, Sweden's other car maker, is presently ramping up production after China's Geely Holding Group bought it from Ford Motor Co. last year.
Muller, a Dutch entrepreneur, used his luxury sports car maker Spyker Cars to buy Saab from GM in 2010 for $74 million in cash plus $326 million worth of preferred shares. He vowed to gradually increase production while restoring Saab's Swedish identity — which critics said was diluted under GM ownership. But the company ran out of money just a year later.
As production stopped and salary payments were delayed, Muller fended off bankruptcy by selling Saab's real estate and lining up financing deals with investors in Russia and China. He bought time by placing the company in a reconstruction process under bankruptcy protection.
But the deals fell through, blocked by regulators or by GM, which was concerned that its technology would end up in the hands of Chinese competitors.
GM spokesman Jim Cain told The Associated Press Saturday that each new proposal "results either directly or indirectly in the transfer of control and, or ownership of the company in a manner that would be detrimental to GM and its shareholders."http://today.msnbc.msn.com/id/45720823/ns/today-today_news/t/saab-declares-bankruptcy-gm-blocks-chinese-deal/
this is what happens when a company loses control of it's ownership and the whims of takeover corporations dictate its fate. Stay independant my friends, either be your own master, or work for someone else, but don't let them own you.
Volvo Cars, Sweden's other car maker, is presently ramping up production after China's Geely Holding Group bought it from Ford Motor Co. last year.
Muller, a Dutch entrepreneur, used his luxury sports car maker Spyker Cars to buy Saab from GM in 2010 for $74 million in cash plus $326 million worth of preferred shares. He vowed to gradually increase production while restoring Saab's Swedish identity — which critics said was diluted under GM ownership. But the company ran out of money just a year later.
As production stopped and salary payments were delayed, Muller fended off bankruptcy by selling Saab's real estate and lining up financing deals with investors in Russia and China. He bought time by placing the company in a reconstruction process under bankruptcy protection.
But the deals fell through, blocked by regulators or by GM, which was concerned that its technology would end up in the hands of Chinese competitors.
GM spokesman Jim Cain told The Associated Press Saturday that each new proposal "results either directly or indirectly in the transfer of control and, or ownership of the company in a manner that would be detrimental to GM and its shareholders."http://today.msnbc.msn.com/id/45720823/ns/today-today_news/t/saab-declares-bankruptcy-gm-blocks-chinese-deal/
this is what happens when a company loses control of it's ownership and the whims of takeover corporations dictate its fate. Stay independant my friends, either be your own master, or work for someone else, but don't let them own you.
Labels:
informative,
news,
SAAB
Sunday, July 18, 2010
Monday, July 12, 2010
slammedsixty.blogspot.com is finding some cool unusual stuff out there!

check out the variety of cool stuff with a heavy emphasis on VW's and Kombis mostly at http://slammedsixty.blogspot.com/
Sunday, February 01, 2009
Saturday, August 23, 2008
Daytona Florida's annual Turkey Run, hot rod show
You and I must love the same sort of unusual stuff, and hot rods, and race stuff... or we wouldn't both look at the stuff I have here, right?
Well, you will enjoy his writing more, and his photos just as much, and for a great description by one who's been there, let me turn you over to John at http://oleragtop.blogspot.com/2008/08/eye-candy-at-turkey-rod-run.html
Cool light green, wonder what it started as? Early 50 shoebox Ford? I was close! It's a 49 Aussie Ford Ute... Thanks to Dan for knowing right where to get the story... in Mike Kelly’s Cruise News, author Ken Caskey of Kidd Darrin’s Restorations & Custom Built Cars in Melbourne, Florida spotlighted the Ford Ute. http://www.cruisenewsonline.com/49FordUteAustralianUtility/49FordUteAustralianUtilityFeature.html
Hot rodded Chrysler Airflow or Airstream!
Ummm, Opel? Alfa? Nope... Dan got this one too! First the Ute then this one! Man's on a roll... this is a Saab 96... for a photo of a stock one to compare it with http://www.saabhistory.com/blog/wp-content/uploads/2007/03/saab_96_rac_front.jpg
http://www.turkeyrun.com/turkeyrun/Turkey_Run_Home.html
Well, you will enjoy his writing more, and his photos just as much, and for a great description by one who's been there, let me turn you over to John at http://oleragtop.blogspot.com/2008/08/eye-candy-at-turkey-rod-run.html
Cool light green, wonder what it started as? Early 50 shoebox Ford? I was close! It's a 49 Aussie Ford Ute... Thanks to Dan for knowing right where to get the story... in Mike Kelly’s Cruise News, author Ken Caskey of Kidd Darrin’s Restorations & Custom Built Cars in Melbourne, Florida spotlighted the Ford Ute. http://www.cruisenewsonline.com/49FordUteAustralianUtility/49FordUteAustralianUtilityFeature.html
Hot rodded Chrysler Airflow or Airstream!
Ummm, Opel? Alfa? Nope... Dan got this one too! First the Ute then this one! Man's on a roll... this is a Saab 96... for a photo of a stock one to compare it with http://www.saabhistory.com/blog/wp-content/uploads/2007/03/saab_96_rac_front.jpg
http://www.turkeyrun.com/turkeyrun/Turkey_Run_Home.html With thanks and appreciation for http://oleragtop.blogspot.com/
You can also see a gallery here: http://www.motor-klassik.de/aktuell/sport_U_veranstaltungen/hxcms_article_508777_14702.hbs
Labels:
airflow,
Aussie,
Ford utility,
Kombi,
SAAB
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