IMPORTANT NEWS: National Electric Vehicle Sweden has agreed to buy the assets of Saab Automobile and the sale is expected to be finalized during the summer.

Friday, April 1, 2011

Saab has reached an agreement with IAC, ready to build cars again

GT Expressen reports that late last night, Saab reached an agreement with IAC, which is the last supplier in line to stop supplies to Saab. According to Eric Geers at Saab, Saab has not run out of money.
Then why stop paying the bills and lose the last piece of confidence and goodwill that the market has in Saab? As I wrote yesterday, things just don't add up.