Saab Roller Coaster Continues as Cash Gets Tight


    Saab just can't seem to catch a break. After moving from the General's formerly overcrowded pocket into the hands of Spyker, the once-quirky brand is now doing all it can to bring production back online after failing to pay suppliers.

    The gist is this: Saab received 400 million Euros (~$580 million) from the European Investment Bank so it could keep on ticking. Sweden guaranteed the loan, meaning whatever Spyker's resolution calls for must get the go-ahead from the Man.

    Read more »Source URL: http://ashesgarrett.blogspot.com/2011/04/saab-roller-coaster-continues-as-cash.html
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