Video - Court setback for Saab

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Court setback for Saab

A Swedish court has rejected Saab's application for protection from creditors, pushed the ailing carmaker closer to collapse. Saab had gone to the court to win time while it waited for the Beijing government's approval for investment money from China. The Vanersborg district court in western Sweden said it was "unclear how the company would be able to solve its liquidity crisis and continue operations." Chief executive Victor Muller remained upbeat saying: "We are not dead yet" adding they would appeal against the ruling. ...

euronews, corporate, Cars, Sweden



Duration: 41 seconds
Author: Euronews
Vievs: 92 x
Rating: 0.0 / 5   (5 x)