Latest Automotive Industry News Discussion of all topics pertaining to future automobiles or all Fuels that move them - Gasoline, Diesel , Bio Diesel , E85 , Battery , Hybrids , Electric , Hydrogen Powered , Solar Panel ..

Saab's Chinese Suitors Bail, Court Asked To Pull The Plug

Old Oct 21, 2011 | 10:30 AM
  #1  
Diesel Bombers's Avatar
Thread Starter
|
Staff Reporter
Joined: May 2007
Posts: 16,929
Likes: 54
Default Saab's Chinese Suitors Bail, Court Asked To Pull The Plug

Yesterday, Saab hit the snooze button and dreamed of survival a bit longer, thanks to a series of loans from North Street Capital totaling $70 million. That isn't nearly enough to keep the brand afloat, though, and the company has been banking on investments from China for its long-term stability. Unfortunately, those investments seem far less...
More...
 

Last edited by Jazz; Oct 21, 2011 at 04:41 PM.
Reply


Thread Tools
Search this Thread

All times are GMT -5. The time now is 10:53 PM.