saab hearing

The fate of Saab continues to twist in the air, as Autocar reports that the Swedish court-appointed administrator Guy Lofalk has decided to step down. The news of Lofalk's requested exit from the hearings comes but one week after he applied to have Saab taken out of reorganization. If Lofalk ...

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 ...