Last week, Saab ran into production problems when some suppliers stopped shipment of parts due to lack of payment. The news led to speculation that the Swedish automaker was running out of cash. And it didn't help that outgoing Saab CEO Jan-Åke Jonsson seemed to retire unexpectedly as the automaker struggled to gain its footing as an independent automaker.
Two months. That's how long the world will have to wait for Saab to identify its new owner, according to Managing Director Jan-Ake Jonsson. Although he didn't specifically mention candidates, Jonsson told Automotive News Europe that, "There are about five we want to talk to. There are a couple more we are also looking into." Possible suitors include China's Geely Automotive and Dongfeng Motor Company, although there has been no official word from either. Private equity firms and representatives