http://business.timesonline.co.uk/to...cle5757562.ece
"General Motors said that Saab was losing so much money so quickly that, without government intervention to secure its future, the subsidiary could be forced to file for reorganisation by the end of this month...
But this morning, the Swedish Government appeared to rule out the prospect of state support in the interim period.
“The Swedish state and taxpayers in Sweden will not own car factories,” Maud Olofsson, the industry minister, said. “Sometimes you get the impression that this is a small, small company but it is the world’s biggest automaker so we have a right to make demands.”
"General Motors said that Saab was losing so much money so quickly that, without government intervention to secure its future, the subsidiary could be forced to file for reorganisation by the end of this month...
But this morning, the Swedish Government appeared to rule out the prospect of state support in the interim period.
“The Swedish state and taxpayers in Sweden will not own car factories,” Maud Olofsson, the industry minister, said. “Sometimes you get the impression that this is a small, small company but it is the world’s biggest automaker so we have a right to make demands.”
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