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Lord Techie,
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The last potential buyer for SAAB, Dutch Spyker, has pulled out and GM has given notice of the closure of SAAB.
Saab läggs ned - 8000 jobb på spel - Saab - www.ttela.se
Sorry it is in Swedish.
This will really hurt the economy in the area in which I live as up to 8,000 jobs will be lost including the jobs of many people I know.
More info:
http://www.nytimes.com/2009/12/19/business/global/19saab.html
Saab läggs ned - 8000 jobb på spel - Saab - www.ttela.se
Sorry it is in Swedish.
This will really hurt the economy in the area in which I live as up to 8,000 jobs will be lost including the jobs of many people I know.
More info:
PARIS — Saab, whose stylish yet idiosyncratic cars drew a fiercely loyal customer base over the last six decades, is set to close after last-minute negotiations by General Motors to sell the beleaguered brand collapsed Friday.
The news of Saab's closure caps a calamitous year for the global auto industry, with G.M. and Chrysler both filing for bankruptcy while foreign carmakers racked up billions in losses.
http://www.nytimes.com/2009/12/19/business/global/19saab.html