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Carsnow – news, automotive trends, investment, top car stories, adviceCarsnow – news, automotive trends, investment, top car stories, advice
Home»Tires and wheels»Saab has become bankrupt

Saab has become bankrupt

27.05.2021
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The automaker from Sweden Saab has filed an application for its bankruptcy. The car manufacturer, according to unconfirmed information, plans to produce an excavator ECG 8. This technique is very popular. Mining must have excellent quality to provide reliable support for work. You can order such equipment in specialized companies. It turns out that the efforts that were made to save the famous Swedish brand for two years have not brought success, reports Local.   General Motors on December eighteenth announced that none of the plans to save Saab for the concern from the United States of America is unacceptable. Because of this, Saab had to make a bankruptcy decision. Directly or indirectly each proposal submitted, it was planned to transfer control over the enterprise or ownership in such ways that would have a detrimental effect on GM and shareholders. For this reason, GM cannot support any of the proposed alternatives. Such a statement was made by a representative of an American concern named James Kane.

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