September 7, 201114 yr Saab files for bankruptcy protection http://finance.yahoo.com/news/Swedens-Saab-files-for-apf-3685687335.html?x=0 Edited September 7, 201114 yr by RjION
September 7, 201114 yr Looks like SaaB needs the bankruptcy to clean up the cost like GM did, unfortunately I don't think that the courts in Sweden will allow for sweeping change in labor contracts there. That's the reason that GM let them go I'd think the cost to do business there are too high as in most of the EU look at how much Opel has lost.
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