22 08, 2011

The debt collectors circle SAAB like Buzzards.

By |2011-08-22T00:31:29+10:00August 22nd, 2011|SAAB news|2 Comments

  Saab faces debt-collection process if bills remain unpaid   STOCKHOLM -- Sweden's Debt Enforcement Agency will start a collection process against Saab Automobile on Wednesday and could freeze its assets, unless the cash-starved carmaker pays two suppliers about $620,000, an official at the regulator said. "The collection process that may start tomorrow would include investigating Saab's bank accounts and [...]

1 07, 2011

Saab set restart production, pay staff after receiving vehicle order Read more:

By |2023-04-07T17:45:21+10:00July 1st, 2011|SAAB news|0 Comments

TROUBLED automaker Saab hopes to restart production within two weeks after receiving orders for 10,000 vehicles and securing enough cash to pay workers, the company said. The Swedish government is due to announce whether Russian financier Vladimir Antonov should be approved as a shareholder, which would allow the production lines to roll again, the local TTELA news website reported. [...]

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