It’s official. Saab, along with its Saab Powertrain and Saab Tools subsidiaries, has filed for bankruptcy with a Swedish court this morning. Following previous owner GM’s recommitment over the weekend to block any deal for the purchase of Saab, Chinese firm Youngman has finally thrown in the towel and announced that funding to continue and...
We all sort of knew this was coming, but it's still a shame. It's still possible that someone can pick up the remains for a song and bring the company back. But it's doubtful.
If it has boobs or wheels, sooner or later you're going to have trouble with it.
Mark S.
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