Despite some last-ditch bids to prevent it going under, the prospect of Swedish automaker Saab closing its doors for good is more likely than ever, after the company filed for bankruptcy Monday.
Saab, a company that began life ...
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In an attempt to avoid bankruptcy automobile manufacturer Saab plans to sell to Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. for the low price of just $142 million.
The company's have until November 15 to ...
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Saab Automobile has been banking on investors recently to help avoid collapse of the company, and at the beginning it looked like they had found what they needed with two Chinese investors. Unfortunately for Saab, it looks ...
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