Car-maker Saab files for bankruptcy
There is still a small chance the bankruptcy administrator could sell the brand, but experts say that would most likely involve chopping up the company into smaller parts.
Swedish Automobile said Chinese investors pulled out of attempts to finance Saab's reorganisation after their last proposal for a solution was rejected by GM, which sold the brand in 2010 but still owns some technology licenses.
Swedish Automobile said Chinese investors pulled out of attempts to finance Saab's reorganisation after their last proposal for a solution was rejected by GM, which sold the brand in 2010 but still owns some technology licenses.
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