Saab Wants To Sell Shares To Meet Payroll. Union: "We Have Not Seen Any Money Yet"

Swedish Automobile NV, the artist formerly known as Spyker, and owner of struggling Swedish car maker Saab, said today it plans to issue new shares to raise cash in order to meet overdue payroll. Response of the union: “Show me the money.”

Read more
  • SCE to AUX I see a new Murano to replace the low-volume Murano, and a new trim level for the Rogue. Yawn.
  • BlackEldo Why even offer a Murano? They have the Rogue and the Pathfinder. What differentiates the Murano? Fleet sales?
  • Jalop1991 Nissan is Readying a Slew of New Products to Boost Sales and ProfitabilitySo they're moving to lawn and garden equipment?
  • Yuda I'd love to see what Hennessy does with this one GAWD
  • Lorenzo I just noticed the 1954 Ford Customline V8 has the same exterior dimensions, but better legroom, shoulder room, hip room, a V8 engine, and a trunk lid. It sold, with Fordomatic, for $21,500, inflation adjusted.