Posts Tagged ‘bankruptcy’

Saab Sustainably Saved

Saab has been saved from bankruptcy by an entrepreneur. The new rescue plans drawn up by Kai Johan Jiang will see the car maker focus on the Chinese market and produce electric vehicles.

Saab in Serious Trouble

Saab has been asking friends in high places for help to stay afloat after company entered bankruptcy in December. The Swedish car maker has approached President Barack Obama to help save the company.