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Things are apparently getting nasty inside Saab as the company continues to scramble for a route to viability. Autocar reports that Guy Lofalk, the court-appointed administrator placed in charge of the company's reorganization affairs, recently applied to terminate the automaker's reorganization ...
Saab has announced that it has received a financial commitment from U.S.-based North Street Capital. The offer has arisen over doubts that the deal previously brokered with Chinese automakers Pang Da and Youngman will actually come to fruition. Saab intends to accept the new offer from its U.S. ...