Saab 900 S Convertible 80,000 "nice" on 2040-cars
Long Beach, New York, United States
Body Type:Convertible
Engine:4 cylinder
Vehicle Title:Clear
Fuel Type:Gasoline
Used
Year: 1994
Interior Color: Gray
Make: Saab
Number of Cylinders: 4
Model: 900
Trim: Convertible
Drive Type: FWD
Options: Cassette Player, Leather Seats, Convertible
Mileage: 80,918
Safety Features: Anti-Lock Brakes, Driver Airbag
Sub Model: S
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Exterior Color: White
Low Miles Classic Sabb ,last year for this body style car is in nice shape and is rare to see It has been well maintained with recent tires and brakes all around has body has great shine no dents suspension is great motor runs smooth and quiet exhaust is solid a/c will need a charge to work . top is in fair shape seats have some pulls on seams .power top works fine .factory alloy rims. overall car drives nicely and shows very well title is clean feel free to call 1516 851 2905
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3 former Saab execs charged with tax evasion
Mon, 20 May 2013The Associated Press reports three former Saab executives have been arrested on charges of accounting fraud. Swedish prosecutor Olof Sahlgren has refused to identify the individuals, but says they're suspected of attempting to evade taxes by falsifying Saab accounts between 2010 and 2011 during the Spyker years. Other reports indicate the parties involved include former General Counsel to Saab Kristina Geers (seen to the left of former CEO Victor Muller, above), a 15-year-veteran of the company - her husband, Eric, was the company's communications director for 9 years as well.
Saab filed for bankruptcy in 2011, and was purchased shortly thereafter by National Electric Vehicle Sweden. If convicted, the trio could face up to four years in prison for their crimes under Swedish law.
Saab US bankruptcy plan gets legal green-light
Thu, 18 Jul 2013It feels utterly bizarre that we're still talking about Saab, but Reuters is reporting that the bankrupt Swedish manufacturer's American arm has gotten approval from the US Bankruptcy Court to liquidate its assets and pay back creditors. As part of the plan, secured creditors like Ally Financial will receive full repayment. Unsecured creditors, consisting of those affected by abandoned leases and contracts will get anywhere from 25 to 82 percent of their money back.
There are currently $77 million in unsecured claims, according to Reuters, but that number doesn't include claims from former Saab dealers. Naturally, the entire affair is full of lawyers and legalese. A trust formed on the Saab side will be negotiating with creditors and their affiliates in an attempt to reduce claims against Saab. This sounds like the start of a long and sordid affair...
Spyker's $3B lawsuit against GM for blocking Saab sale thrown out
Tue, 11 Jun 2013US District Judge Gershwin Drain has dismissed a $3-billion lawsuit Spyker filed against General Motors. In the suit, Spyker accused GM of attempting to bankrupt Saab after the US automaker had already sold the company to Spyker. GM in effect blocked the sale of Saab to China's Zhejiang Youngman Lotus Automobile Company by prohibiting the transfer of some of its intellectual property. But the court found that GM had a "contractual right" to approve or disapprove any change of ownership. Furthermore, Reuters reports Judge Drain said the contract between GM and Spyker "is clear, unambiguous and absolute" on the matter.
GM, meanwhile, says it is pleased with the ruling. Spyker CEO Victor Muller has not said whether or not his company will appeal the ruling. The Dutch automaker is expected to make a final decision once the court issues its written order on the case.
You can read the official Spyker press release about the court ruling below for more information.
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