Saab, the iconic Swedish auto maker, seems to be facing one sob story after another. The troubled auto firm recently filed for bankruptcy protection, as the auto firm needs to reorganize itself and shed debt to return to viability. New chapter in sordid Saab saga In 2009, General Motors announced that it would be divesting Read on! →


In 2009 and 2010, General Motors ran Saab through bankruptcy and re-organization, then sold it to the Dutch auto group Spyker. Now, a judge has denied Saab’s request for bankruptcy protection, which means there is a possibility the car maker will fold. Saab files for bankruptcy protection As reported yesterday, Saab owes approximately $210 million Read on! →