Yet another round of Takata air bag inflator recalls will involve vehicles from several automakers, including Ford, Toyota and Honda.
The action affects 316,000 vehicles in North America in the 2006-2009 model years.
The action, covering 2010-2015 model-year Cadillac SRX and 2011-2012 MY Saab 9-4X vehicles in the U.S., will address a safety risk arising from loose nuts.
Three separate actions add nearly 70K vehicles to the growing list of GM vehicles recalled in North America in 2014.
The Saab automobile story has gotten a second chapter thanks to National Electric Vehicle Sweden (Nevs) AB. The company has started production of the Saab 9-3 Aero Sedan, which will initially be available for sale in China.
ROYAL OAK, MI - Saab Cars North America (SCNA) announced it has chosen an out-of-court resolution for its operations. The automaker has selected financial advisor McTevia & Associates to direct the process.
ZEEWOLDE, THE NETHERLANDS - Chinese company Youngman decided it could no longer fund Saab's reorganization, so the automaker's board decided to file for bankruptcy.
ZEEWOLDE, THE NETHERLANDS - Saab's parent company has been informed by the administrator of the reorganization that he will apply to end the process, which would remove Saab's current protection from its creditors.
DETROIT – In the ongoing story regarding Saab’s future, a Detroit News story reported that General Motors will block the sale of the Swedish automaker.
TROLLHATTAN, SWEDEN – Saab said earlier this week that it hopes to work out a deal with Pang Da and Youngman after General Motors stated concerns about the sale, according to an article in Bloomberg Business and from a press statement from Saab.
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