Saab North America May Have A Chance

While Saab has filed for bankruptcy in Sweden, Saab North America has hired Michigan law firm McTevia & Associates to represent them and deal with creditors. Saab North America president Tim Colbeck says that the goal is to avoid bankruptcy if possible. The hope is that Saab North America will survive long enough for a buyer to come forward. Currently in the United States, Saab North America 188 dealers with 2,400 vehicles in inventory. Saab also employs about 50 employees in Royal Oak, MI.

There is still hope! It is unnecessary for a quality car company to die.

Source: Autoblog

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