Archives

Tag Archives: break even

Saab Assembly Line
SaabSpyker

Troubled times for the Swedish at Saab

Saab is one of the tradition brands that has been struggling for a while and one which barely survived the financial crisis. After having dodged a bullet in being bought by Spyker the Swedish are trying to avoid another one. A relatively poor sales forecast for Saab put the company's management in a bit of trouble as they had to...

Sergio Marchionne
Chrysler

Chrysler may exceede Marchionne’s expectations

Chrysler CEO Sergio Marchionne has made a recent statement in which he confirmed his optimism in Chrysler’s performance since it has surpassed all expectations by achieving profitability and plugging a severe cash leak in less than a year since filing for bankruptcy. His statement was pretty much full of words of praise for the American company but it did contain...

SAAB Spyker emblem
Saab

Spyker looking for funding for a compact SAAB

Yesterday Spyker cars made a very conforting announcement for SAAB fans. The loss-making Swedish brand bought from GM no more than two months ago now has it's production back on track. Another interesting statement from the same announcement mentioned the supercar maker's desire to create a compact SAAB. According to Spyker CEO Victor Muller who is also responsible for the...