FobzySaab, in Negotiations, SAD!
April 9th 2011 14:10
Saab has shut down its production lines for vehicles like the 9-5 sedan until an agreement is reached with suppliers
Apparently the costs of running a car production company can often be just too hard to bare.
Russian investor, Vladimir Antonov, chairman of Snoras Bank, would reportedly invest up to $21 million and take a nearly 30 percent share of Saab if the talks were successful. But approval of the Swedish government is required for the new deal.
I wonder how it will all work out, this was reported by Wheels
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