GM Says No to Proposed Saab Sale, Reorganization May End Soon - Auto...

12/07/11


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GM Says No to Proposed Saab Sale, Reorganization May End Soon
Automobile Magazine
If the reorganization process ends prematurely, Saab will have no protection from its creditors and could be forced into bankruptcy. GM used to own Saab, and opposed the sale of Saab to Chinese automakers because several Saab models license technology ...
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