Saab Automobile still has problems with the sales

Posted on Wednesday, 30 November 2011 , 06:11:05 byEmil

Filed under saab-automobileswansalespang-dayoungmanchinaSaabEuropeanChina

Saab Automobile still has problems with the sales

Saab Automobile has been going through a tough time lately because of the problems with the Pang Da and Youngman concerning sales. General Motors, Saab shareholder and supplier, actually had some objections with its platform and engineering technology being transferred to China.
Apparently, Swan made public the information and said that Saab Great Britain has filed for administration with the High Court in London. This decision was taken to offer legal protection until appropriate funding was available both for the company and the creditors. The results are unknown yet, but there is the possibility the request is accepted and in this case, the administrator will be in charge taking care of the Saab's management and will no longer have the current board of directors.
The Swedish Automobile N.V. said it had received a funding commitment from Youngman, for the wages of the employees, but there is nothing for sure yet.


Saab Automobile still has problems with the sales image Saab Automobile still has problems with the sales image