End of a Swedish auto icon: It's all over for Saab cars!

2016-06-22 12:49

The Saab car brand was dumped on the scrap yard of automobile history when the trademark's most recent user, National Electric Vehicle Sweden, said it would give up trying to recycle the iconic name.

AEEI concludes Saab deal

2015-11-26 11:47

African Equity Empowerment Investments has completed a R125m deal to acquire a 25% plus one share stake in Saab Grintek Defence.

No open tender for new Aus submarines

2014-12-02 14:15

Australia has decided not to have open tenders to replace its old Collins-class submarines, which could bolster Japan's position as the likely builder.

Swiss say no to world's highest minimum wage

2014-05-19 09:26

Swiss voters have rejected proposals to introduce the world's highest minimum wage and spend $3.5bn buying new Gripen fighter jets from Saab. .

GM rejects Spyker, Saab bid for $3bn

2012-09-29 23:12

General Motors is urging US authorities to reject a lawsuit by Dutch carmaker Spyker, which is seeking $3bn in damages from GM for causing Saab to go bankrupt.

Saab AB denies e-toll link

2012-05-04 10:02

Defence and civil security group Saab AB says it is not linked in any way to Gauteng's e-tolling project.

Arms deal jobs ruse

2011-09-18 15:54

SA taxpayers could pay R6.4m for each job created as part of the controversial arms deal "offsets" scheme, linked to the multibillion-rand fighter jets deal.

DA welcomes possible arms deal probe

2011-07-31 22:42

Reports that the Hawks are looking to determine whether criminal charges should be brought against South Africans involved in the arms deal are to be welcomed, the DA says.

Saab says staff paid with €25m loan

2011-06-29 17:58

Saab owner Swedish Automobile says it has secured more funding with a €25m loan, and that it has paid employees’ salaries for June.

Hawks to investigate arms deal claims

2011-06-20 17:06

The Hawks will investigate new allegations of bribery into the multibillion-rand arms deal, says the Democratic Alliance.


Huge Takata airbag recall: Millions more cars affected

2016-02-23 08:30

Tens of millions of additional cars in the US could be recalled over Takata's potentially defective airbags, which have been linked to several deaths.

AEEI increases stake in Saab

2015-05-19 16:57

African Equity Empowerment Investments Limited, formerly Sekunjalo Investments Limited, has acquired increased its stake in the local operations of Saab Grintek Defence.

Aww! Son surprises mom with dream car

2014-08-15 07:22

Corey Wadden, a 25-year-old entrepreneur, reduced his mom to tears of joy when he handed her the keys to a Saab 99 EMS, a car she adored for many years but never owned. Watch the tear-jerking video!

Arms deal witness list questioned

2012-12-12 22:50

There are "glaring omissions" from the list of witnesses to be called at next year's Seriti Commission of Inquiry into the arms deal, arms deal activist Terry Crawford-Browne says.

Bankrupt Saab finds buyer

2012-06-13 08:41

A buyer has stepped forward for bankrupt Swedish automaker Saab, the adminstrators have said, without naming the company involved.

Chippy Shaik in new arms scandal

2011-10-30 16:45

Chippy Shaik, the man at the centre of the controversial arms deal, is ­embroiled in another bribery scandal.

Arms deal saga 'damaging SA'

2011-08-04 21:15

The arms deal is damaging the whole of South Africa, says the FF Plus, as they ask President Jacob Zuma to appoint a judicial inquiry into the matter.

Armscor still after R3bn from Airbus

2011-06-30 15:07

Parastatal Armscor says it is trying to secure an undertaking from Airbus for a reimbursement after an order for eight A400 military planes was cancelled.

Saab can't pay staff's wages

2011-06-23 10:49

Swedish automaker Saab is unable to pay its 3 800 employees their salaries for lack of short-term funding, says its Dutch parent company Swedish Automobile.

Bribe admission re-ignites arms deal saga

2011-06-17 22:14

Opposition parties have urged the Hawks to investigate the multi-billion rand arms deal after new allegations of bribery.

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