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  1. Is Saab in the Last Chance Saloon?

Is Saab in the Last Chance Saloon?

Property sales and leaseback, two labour-representative resignations from the board and a new 582-unit car order that will help pay June wages and suppliers are the latest developments in the Saab Saga. Earlier, Europe's association of automotive suppliers (CLEPA) called on the struggling automaker to voluntarily declare itself bankrupt to allow employees the chance to secure state aid. Is the end nigh nonetheless? All our coverage is here.

SWEDEN: Saab delays wages again

Here we go again. After due forewarning, Saab owner Swedish Automobile confirmed August's wages for Saab's blue collar workers have…

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