For the second time in two years, Saab is perilously close to the edge of the cliff. But it may be rescued, as soon as once more, at the 11th hour: according to a company source close to negotiations with Chinese investors, Saab Automotive executives are “very optimistic” about raising funds this week.
Now haven’t we’ve heard that just before? Only this time, Saab Chairman Victor Muller told Automotive News that he is seriously considering reorganizing the firm to defend it from its
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