Wed Sep 07, 2011 9:24 am
Saab, the Swedish carmaker that had been struggling financially in recent months, is filing for bankruptcy protection.
The group’s owner, Amsterdam-listed Swedish Automobile (Swan), formerly known as Spyker Cars, said on Wednesday that its Saab Automobile unit would file for voluntary reorganisation at 9am central European time with the district court in Vänersborg, Sweden.