Breaking Automotive News | Saab File For Bankruptcy

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After Saab’s administration news the other week, this is the story that we’ve all been expecting to happen. It just seemed inevitable. However, it’s one of those stories that impacts directly on the UK automotive market, and upon all the dealers and suppliers in the UK who happen to have Saab as a franchise.

Anyway, according to the BBC Breaking News account on Twitter, Saab have this morning filed for bankruptcy following all those months of trouble, after their latest attempt at finding funding has been blocked by General Motors.

We’ll bring you more news and as when it comes!

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