Saab 9-5 News

Apparently, some cars are just too good to die. After a tortured existence under General Motors and a short period of independence, Swedish car company Saab finally went under last December.

Zhejiang Youngman Lotus Automobile has been jettisoned from the dwindling pool of bidders for Saab after tendering an offer of $492 million for the whole kaboodle.

The Local , a Swedish news service, reports thatA IF Metall has sent the president a letter asking him to force General Motors, which formerly owned Saab, to release the technology licenses that would allow another company to purchase the failing business.

Welcome to our imaginary world of The Car Boss. Continuing where we left off thing are starting to come together... After months of speculation and various interest from several automotive parties, Paragon Automotive have signed a deal to purchase SAAB Automobile AB, allowing production to re-start Trollhatten.

Saab spirit is willing but body is weak. Saab may have faded into the sunset but one cannot forget their remarkable technology which will continue to be seen in new models being produced from China's Beijing Automotive Industries Holding Company which was instrumental in purchasing these rights from Saab Technologies in 2009.

The Chinese version of the old Swedish Saab 9-5 has come far enough in development that manufacturers are saying it will make the cardealerships' floors at the end of the year.