- Apr 3, 2009
Saab headed to court with creditors on Monday, reportedly has 20 potential suitors
2010 Saab 9-3X – Click above for high-res gallery
Saab's headed to court on Monday, where the ailing automaker hopes to get further permission to continue trying to find new ownership or investors. General Motors will be booting the brand from its corporate nest by 2010, and the Swedish courts will decide if the brand Born from Jets will die from apathy.
Saab wants to launch four new models (like the 9-3X seen above) by 2011 to bolster sales to an ambitious 150,000 – quite a bit more than its perpetually down numbers of late – and officials will let potential investors have a peek at the plans. There are reported to be nearly 20 interested parties looking into what Saab has to offer after the company filed for protection in February. Saab's looking to extend its protection, and believes it will be allowed to do so based on the strength of its plan. The court will allow Saab to extend its protection up to three times, until February of 2010, provided the business plan is deemed workable.