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Thread: SAAB Automotive

  1. June 23rd, 2011, 12:56 PM #1
    Wanderer's Avatar
    Wanderer
    Wanderer is offline Super Moderator
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    Default SAAB Automotive

    We were encouraged about a slightly improving economy a few months back. Now Saab Automotive announced it does not have enough cash to pay the hourly workers. Their hope is to borrow. What's next?
    Last edited by Wanderer; June 23rd, 2011 at 08:41 PM. Reason: Typos
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  2. June 24th, 2011, 12:22 AM #2
    kdb030609's Avatar
    kdb030609
    kdb030609 is offline Senior Member
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    Default Re: SAAB Automotive

    Quote Originally Posted by Wanderer View Post
    We were encouraged about a slightly improving economy a few months back. Now Saab Automotive announced it does not have enough cash to pay the hourly workers. Their hope is to borrow. What's next?
    I believe SAAB was sold to Spyker. Which is a performance car maker.
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