Home / Auto News / News article: Saab Production Halt Continues Amid Reports Of Unpaid Bills Worth Millions - AutoGuide.com News
 |  Apr 07 2011, 4:20 PM

Saab parent company Spyker held talks with parts suppliers Thursday, in a bid to restart production that has been halted over a dispute regarding unpaid bills.

The scandal has been a blight on Saab’s efforts to re-structure after a tumultuous year of teetering on the brink of bankruptcy. “We’re expecting that we could resume normal production early next week,” Saab spokeswoman Gunilla Gustavs told Automotive News. “A lot of work is going into strengthening the financial position of the company.”

The head of Sweden’s parts suppliers organization could not put an exact figure on the debt but said it was in the “millions” of Swedish kronor. In the mean time, Saab’s plant remained deserted as workers expressed hope that they could return to their jobs starting next week.

[Source: Automotive News]