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Saab Automobile AB is a Swedish car manufacturer. After struggling to avoid insolvency throughout 2011, the company petitioned the Swedish court for bankruptcy following the failure of a Chinese consortium to complete a purchase of the company; the purchase had been blocked by former owner GM, which opposed the transfer of technology and production rights to a Chinese company. On June 13, 2012 it was announced that the National Electric Vehicle Sweden had bought Saab Automobile's bankruptcy estate.

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Q: What were the latest news from Saab Automobile?
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What is the latest news on Saab and their creditor problems?

The latest news on Saab and their creditor problems is on how Saab asks creditors to accept 10% for their stocks and investments now and demands debts to be paid.


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