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Bankruptcy protection is Saab's last hope

Saab
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Saab seems to be creeping closer to the end of the road. The Swedish carmaker, which is seeking to stave off its creditors, has filed for bankruptcy protection with a local court. That is intended to buy it time to get more money from Chinese investors in deals which are still awaiting approval from the Beijing authorities. Saab's boss Victor Muller said: "We have seen a very turbulent past four months, in which we managed to get somewhere around 125 million euros of capital and other funding into our company: however, obviously, it wasn't enough." ... www.euronews.net

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Artist: Saab
Video Adı: Bankruptcy protection is Saab's last hope
Kategori: Advertising/Reklam
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