Saab Resumes Production Tomorrow

Saab Resumes Production Tomorrow

Saab will finally gain some stability, as the company will resume production tomorrow at its Trollhattan, Sweden, assembly plant.

The facility has been idle for about six weeks. Saab’s owner, Dutch automaker Spyker, has been unable to secure the much-needed financing to pay off its suppliers, but the automaker says it has reached agreements that will allow it to begin building cars again.

“Based on the information we have, it looks like we will start up production tomorrow,” spokeswoman Gunilla Gustavs told Reuters.

Tomorrows production will produce 100 vehicles instead of the usual 230-240 cars per day.

Saab and Spyker have been waiting for the Chinese government to approve a $110 million Euro investment in Pang Da. The Chinese distributor has already paid Saab 30 million euros for the opportunity to sell cars in China.

[Source: Left Lane News]