Category Archives: Saab
The sell of Saab to Chinese is undecided
Car brand Saab in Sweden, owned by General Motors, can expect a second birth, as there were potential investors that are configured very seriously. Two companies in China have expressed their desire to acquire Saab and together lead him to the stability and prosperity. Moreover, they are not talking about some distant future, their plans cover 2013-2014. … Continue reading
Saab is on its last leg.
The future of Swedish Automobile is at stake. A Swedish court has rejected a request of Saab Automobile company of protection from creditors to avoid failure. In response, the Swedish trade unions said that they can demand to declare bankruptcy of Saab in the coming days. The company sought protection from creditors while trying to find new sources of funding.