SAAB Files for Bankruptsy
Discussion
"Saab cars filed for bankruptcy on Monday, a Swedish district court told AFP, bringing to an end two years of efforts to rescue the iconic brand.
"The final desperate efforts to organise help in China were obstructed by General Motors over licences.
"They were here this morning and submitted the documents requesting bankruptcy," a clerk at the Vaenersborg district court told AFP, adding that the court was currently examining the request.
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A statement on the court's website said three Saab companies had filed for bankruptcy: SAAB Automobile Aktiebolag, Saab Automobile Tools AB och Saab Automobile Powertrain."
Well GM Did it, they killed the company.
Had 6 SAABS in a row, till I had a 9-5 that tried to kill me, repeatedly, GM never managed to fix it, even their own techs refused to drive the car stating it was dangerous, fantastic customer service and ethics!
"The final desperate efforts to organise help in China were obstructed by General Motors over licences.
"They were here this morning and submitted the documents requesting bankruptcy," a clerk at the Vaenersborg district court told AFP, adding that the court was currently examining the request.
Advertisement: Story continues below
A statement on the court's website said three Saab companies had filed for bankruptcy: SAAB Automobile Aktiebolag, Saab Automobile Tools AB och Saab Automobile Powertrain."
Well GM Did it, they killed the company.
Had 6 SAABS in a row, till I had a 9-5 that tried to kill me, repeatedly, GM never managed to fix it, even their own techs refused to drive the car stating it was dangerous, fantastic customer service and ethics!
Not sure why GM killed it?
They sold it with a brand new model 9-5 and 9-4x and 9-5 wagon all ready to roll. The new owners never got the 9-4X up and running for europe and why such a delay on the 9-5 wagon which looked beautiful. Too me it shows Saab would have been dead without GM's money a deacde ago.
It is a shame to see the brand go. I will miss my 9-3's
They sold it with a brand new model 9-5 and 9-4x and 9-5 wagon all ready to roll. The new owners never got the 9-4X up and running for europe and why such a delay on the 9-5 wagon which looked beautiful. Too me it shows Saab would have been dead without GM's money a deacde ago.
It is a shame to see the brand go. I will miss my 9-3's
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