production delays

Saab Files for Bankruptcy Protection

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Another week and another sob story regarding Saab. The troubled automaker has just applied for protection from creditors, and is trying to avoid the bankruptcy petition made by the unions. A once thriving manufacturer that made fighter aircraft, trucks and automobiles, the auto division of this 65 year-old company has been struggling ever since General… Continue Reading...

Saab Drama Continues, Production Halted Until August 9, 2011

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Another week and another episode in the Saab drama is upon us. Now news comes that this ailing Swedish brand has halted production on building any new cars until Aug. 9, 2011. The delay is caused by suppliers, who want Saab to clear its debt with them before they provide any further parts. Saab has… Continue Reading...

Saab Plans To Restart Production Next Week

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Since “All My Children” and “One Life To Live” have been canceled, soap opera fans can turn to Swedish car-firm Saab for their weekly dose of drama. Saab has seen its fair share of ups and downs in the last year and a half. General Motors almost left it for dead when a take-over deal… Continue Reading...