Today the Court of Appeal for Western Sweden announced that it has approved Saab's application for voluntary reconstruction.
This means that Saab will be protected against it's creditors and the wages to the employees will be paid by the state. In other words bankruptcy is avoided for now.
A good day for Saab, its employees and all its fans!
A blog fueled by enthusiasm about Saab, the greatest car company between the North and the South Pole. And their cars, which probably is the only cars that would start on a cold and crispy South Pole morning.
