Tuesday, December 27, 2011

Report: Saab's U.S. Dealers Forced to Make Some Difficult Decisions

When a carmaker goes down, it is not just the investors, factory workers or suppliers that take the heat: dealers are also in deep difficulty. Case at hand: Saab’s bankruptcy. Its owner, Swedish Automobile, was forced to liquidate the business soon after a long struggle to keep it afloat failed.
Saab Cars North America, on the other hand, was left out in the cold for the duration of this complete method. Even if the restructuring was profitable, there was no provision (at least none that

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