Saab North America acknowledged that the chances were exceptionally slim, but it hoped to avoid bankruptcy long enough to give another company a chance to buy it. Shortly after Saab NA appointed a third-party administrator, McTevia & Associates, it was decided there was no way to save the company short of liquidation, and on January 23, the administrator announced plans to file for Chapter 7 bankruptcy.
Everybody deserves a second chance, even the guy who dropped an F-bomb on the official Chrysler Twitter account. The Detroit News reports that Scott Bartosiewicz, the former New Media Strategies employee who accidently sent an expletive-laden tweet expressing frustration about his fellow Detroit motorists, has been hired by the Arts, Beats and Eats in Royal Oak, MI to bolster the suburban Detroit event's Twitter presence. The annual art, food, and music festival is sponsored by Ford, which is on
General Motors may have sold off Saab to Spyker for $74 million and a 50 gallon bucket of Swedish meatballs, but it appears the "Born From Jets" automaker isn't saying goodbye to Michigan altogether. The Detroit News is reporting that Saab has chosen small but trendy Royal Oak, MI as the location for the company's North American headquarters. The move makes sense given the fact that Michigan has oodles of engineering talent and many of the world's automakers and suppliers have a presence in the