More Troubles for Swedish Carmaker as Saab Great Britain Files for Administration


The impasse on the sale of Saab Automobile to Pang Da and Youngman has not been resolved, due to Saab shareholder and supplier General Motors objecting to its platform and engineering technology being transferred to the Chinese.

Swedish Automobile N.V. (Swan), though, announced today that Saab Great Britain (Saab GB) filed for administration with the High Court in London.

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