At the time of GM’s (General Motors) woes in the suffering economy they are looking to out some of the makes including that of the Swedish connection, Saab. Saab looks to be on their own again and filing for bankruptcy protection. Saab seeks $1 billion to be self-financing while they reorganize. They will still have some support from GM during the reorganization which leaves us with the question: will the newer Saabs be based off of the same (GM) platforms or will they have more deep-rooted Swedish roots
Sunday, February 22, 2009
Saab To Leave GM and File for Bankruptcy Protection
At the time of GM’s (General Motors) woes in the suffering economy they are looking to out some of the makes including that of the Swedish connection, Saab. Saab looks to be on their own again and filing for bankruptcy protection. Saab seeks $1 billion to be self-financing while they reorganize. They will still have some support from GM during the reorganization which leaves us with the question: will the newer Saabs be based off of the same (GM) platforms or will they have more deep-rooted Swedish roots
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