saab

It seems General Motors (GRM) isn't have any better luck at selling pieces of itself than it is at selling its cars and trucks. A deal struck by the Detroit-based company in June to sell its Saab unit fell apart Tuesday, according to news reports, threatening an end to the Swedish manufacturer of...

When General Motors (GM) laid out its restructuring plan back in June, one of the major elements in its resurgence was the decision to sell off some of its under performing brands. On Tuesday, the new GM announced that it has signed its first big deal to get rid of one of these gangrenous limbs....

General Motors Corp. (GMGMQ), the bankrupt U.S. automaker that is jettisoning brands as it reorganizes, has unloaded Saab, the Swedish car company that tried for years to make inroads into the American market. According too Reuters, Swedish television is reporting that Swedish luxury carmaker,...

Sweden has been in the news lately. And so has General Motors (GM). But you may not have known that the two intersect. That's because Swedish car-maker Saab is a GM subsidiary -- one that just filed for bankruptcy. GM's viability is also seriously in question, thanks to its unrealistic financial...