|
| Andhra Pradesh ~ India ~ International ~ City ~ Entertainment ~ Business ~ Sports ~ Technology ~ Health ~ Features |
|
Home / Features / Automobile Saab Automobile AB |
India will be satisfied if Headley gets lifer: Home Secretary
US to employ a hard-line approach for China following Google deadlock
Lady Gagas racy Oz show has parents asking for concert classification
Reliance Industries says future Pak Finance Minister not its money manager
Liverpool suspends Riera for criticising Benitez
How the brain easily deciphers motion in Japanese line drawing
Saab Automobile AB is a renowned car market in Europe. The company is indirectly owned by General Motors. When GM filed for bankruptcy, Saab too filed for bankruptcy in Europe. Swedish car maker Koenigsegg express interest in acquiring Saab. Analysts expressed concerns if Christian von Koenigsegg can run a company of the size of Saab considering he has no prior experience in running such a large-size company. On June 17, 2009, a senior Swedish government official said they are not yet clear if Koenigsegg needs any loan guarantees or not. Meanwhile, creditors of the company approved for settling its debts by paying 25% of what was owed. In November 09, the deal was put-off after it was unable to make a financial agreement with the Swedish Government. GM on the other hand continued to have its four German factories open and running as part of its European operations restructuring.
This page represent a snapshot of events / happenings related on select news topics. The links on this page might not completely depict the series of events related to the event and in some cases information on the page might not be comprehensive.
