Advertisement
YOU ARE HERE: LAT HomeCollectionsSaab
IN THE NEWS

Saab

FEATURED ARTICLES
BUSINESS
December 4, 2009 | Dan Neil
Victor Muller wants to do something for his people. You know, tall, blond, Nordic types. The founder and chief executive of Spyker Cars -- the Dutch manufacturer of spectacular, ultra-exotic sports cars -- was in London last week when he heard the news that a deal to rescue Saab had fallen through. Koenigsegg, another rare-isotope luxury-car maker, had withdrawn its bid to buy Saab from General Motors Co. With no suitors at the door and under intense pressure to transform itself, GM said it would be forced to close and liquidate the 60-year-old car company, based in Trollhatten, Sweden.
ARTICLES BY DATE
NEWS
July 4, 2013 | By Ellen Olivier
For anyone hoping for a traffic-stopping entrance at this year's Emmy Awards, Elie Saab had much to offer in his fall/winter haute couture collection, shown Wednesday in Paris. A master of red-carpet dressing, Saab in the last year garbed, among others, Lea Michele for the Golden Globes and Sandra Bullock for the Academy Awards. The 19th century Paris Bourse, or historic stock exchange, seemed fittingly grand for Saab's opulent cocktail dresses and gowns. The bride, a standard feature at haute couture shows,  especially dazzled in the majestic setting as she emerged from between the classical columns in an eye-popping silver gown, thickly embroidered in sequins, stones and crystals, and trailed by three bridesmaids to carry her veil.
Advertisement
BUSINESS
December 19, 2009 | Ken Bensinger
General Motors Co.'s plans to save Saab by selling it have failed, and the storied Swedish brand will be the latest to hit the scrap pile. The troubled Detroit automaker said Friday that its last-minute negotiations to sell Saab to a Dutch supercar maker, Spyker Cars, fell through because of due diligence issues that could not be resolved. Those talks followed the collapse of a deal to sell Saab to another maker of high-performance cars, Sweden-based Koenigsegg, late last month.
NEWS
December 18, 2012 | By Jenn Harris
The "Gossip Girl" series came to an end Monday night, and costume designer Eric Daman didn't disappoint. Not only was Gossip Girl revealed, characters Blair Waldorf and Chuck Bass married, with Waldorf in a blue-lace-and-sequin Elie Saab gown and sparkle headband. We'll definitely miss all the fashion. Au revoir, "Gossip Girl. " [ FabSugar ] Los Angeles Times fashion critic Booth Moore takes a look at some of Zuhair Murad's most memorable red-carpet designs. Among the highlights are Kristen Stewart's "The Twilight Saga: Breaking Dawn -- Part 2" sheer premiere gown; Taylor Swift's embroidered mini-dress at the American Music Awards; and Blake Lively's nude silk gown for the L.A. premiere of "Savages.
BUSINESS
August 19, 2009 | Times Wire Reports
General Motors Co. said it has signed an agreement to sell its unit Saab Automotive to Sweden's Koenigsegg Group, although government officials warn that more capital is needed before the deal can be closed. GM said the deal, whose financial details were not disclosed, was subject to a funding commitment for Saab from the European Investment Bank, to be guaranteed by the Swedish government.
CALIFORNIA | LOCAL
February 10, 2008 | David Haldane
A woman was killed early Saturday when the Saab she was driving ran off the road. She was not identified pending notification of relatives. The accident occurred about 2 a.m. when the car failed to make a turn while traveling rapidly north on San Miguel Drive at Ford Road. The Saab hit a metal awning support and came to rest in the parking lot of the Bonita Canyon Sports Park. Police said they did not know whether alcohol was a factor. The cause of the accident was under investigation.
SPORTS
November 2, 1985 | Associated Press
Former basketball star Bernard Toone, a member of Marquette University's 1977 national championship team, was arrested Friday for the second time in less than a year, White Plains police said. Toone, 29, who played with the Philadelphia 76ers in 1979-80, was arrested at 2:55 p.m. for allegedly stealing a radio from a 1985 Saab in a municipal parking structure at Martine Avenue and Conroy Street, Police said. Toone, of Yonkers, was charged with third-degree grand larceny.
OPINION
December 5, 2008
Re "Buy GM, really," Opinion, Dec. 2 Bankruptcy is General Motor's best option. GM needs to shed divisions and dealers. Too much time and money is spent on niche markets. The Saturn experiment is a failure. Pontiac is a division without any real purpose. Hummer is an excellent product with a small market share. And Saab? Having spent a few years selling Saabs: Please throw the whole division into the ocean. Bankruptcy would allow GM to sell -- or kill -- Hummer, Pontiac, Saturn and Saab.
NEWS
June 13, 1991
The trial of a La Canada Flintridge man charged with using a pool cue to smash the windshield of an already-demolished car was postponed Wednesday after the judge urged the defendant not to act as his own attorney. Ara Aprahamian, a 48-year-old real estate broker, was ordered to return to Glendale Municipal Court on July 3 for his trial. On Wednesday, just as his trial was to begin, Aprahamian told Judge Joseph F. De Vanon that he had dismissed his attorney.
CALIFORNIA | LOCAL
October 31, 2003 | Richard Winton, Times Staff Writer
Alert police officers who stopped a suspicious man driving to work and persuaded him to provide an oral swab may have stopped a serial rapist who sexually assaulted four women in Westchester, authorities said Thursday. Jerome Green, 38, was linked through DNA to one victim, police alleged. Green has pleaded not guilty, and is being held in lieu of $11 million bail. "This was a case of some very good police work on the part of patrol officers and the detectives," said LAPD Capt.
BUSINESS
December 19, 2011 | By Jerry Hirsch, Los Angeles Times
Saab no more. Saab Automobile, the quirky Swedish automaker that liked to advertise its heritage as a fighter jet producer, filed for bankruptcy Monday, ending a two-year effort to revive the business after it was spun off by General Motors Co. "Some enthusiasts in the U.S. will lament its end," said Aaron Bragman, an analyst with IHS Automotive. "Back in the 1970s and 1980s it was an innovative brand with some unusual power trains. They did turbocharging of small engines long before others did. The cars also had all-weather, good-handling capability.
OPINION
February 4, 2010 | Meghan Daum
The Toyota recall may be dominating headlines these days, but I have another sad automotive story to tell. In fact (and you know I had to resort to this pun), it's a Saab story. Literally. Spyker, a boutique Dutch automaker known chiefly for building the teak-and-gold-leaf carriage used by the queen of the Netherlands, is purchasing Saab from General Motors. The brand has been in play for months, and Spyker may not have the bucks to make it happen. Regardless, the move is only the latest unsettling news for a car that was "born from jets" in Sweden and crash-landed in American bankruptcy.
BUSINESS
January 27, 2010 | By Jerry Hirsch
More signs emerged Tuesday that the U.S. auto industry may actually be recovering from its deep slump, despite estimates of anemic January sales and Toyota Motor Corp.'s suspending sales of eight vehicle models because of accelerator problems. Ford Motor Co. said it would hire 1,200 workers, and General Motors Co. announced a big investment in manufacturing electric engines. Also, Dutch sports-car maker Spyker Cars said Tuesday that it had struck a deal to acquire Saab from General Motors.
BUSINESS
January 1, 2010
Wells execs get stock bonuses Wells Fargo & Co.'s four top executives won't get cash bonuses for 2009 but are receiving performance-based stock awards worth a combined $25 million that are designed to keep them from being lured away by rival banks. Wells Fargo announced the compensation moves a week after saying it had repaid $25 billion it received under a government financial rescue program that imposes restrictions on executive pay. The so-called retention shares would be forfeited if Wells Fargo Chief Executive John Stumpf or three other high-ranking executives leave the San Francisco bank for a competitor.
BUSINESS
December 25, 2009 | Dan Neil
By now you're sitting alone near the fire in your Scandinavian bentwood chair, in the cable-knit sweater your Swedish girlfriend gave you when you were at Oxford, and you're halfway through a bottle of Aquavit. Or is it Aqua Velva? Perhaps you're trying to take your mind off things -- catching up on back issues of Dwell, or firing off a strongly worded letter to the New Yorker: I object to Joan Acocella's rough treatment of Peter Ackroyd's translation of Chaucer. . . . You've barely touched your moose sandwich.
BUSINESS
December 19, 2009 | Ken Bensinger
General Motors Co.'s plans to save Saab by selling it have failed, and the storied Swedish brand will be the latest to hit the scrap pile. The troubled Detroit automaker said Friday that its last-minute negotiations to sell Saab to a Dutch supercar maker, Spyker Cars, fell through because of due diligence issues that could not be resolved. Those talks followed the collapse of a deal to sell Saab to another maker of high-performance cars, Sweden-based Koenigsegg, late last month.
Los Angeles Times Articles
|