GM s-a opus inca odata preluarii de catre chinezi a SAABului iar Mueller, ramas fara solutii, a inaintat declaratia de faliment:
The Dutch owner of Swedish car maker Saab said on Monday that the rejection of a rescue plan for the ailing firm by former owner and key supplier General Motors had forced it to apply for bankruptcy.
The decision sets the scene for the end of Saab's struggle to survive after months of hastily drawn up deals for a car maker which has not made a vehicle for months. The latest plan involved Chinese car maker Youngman, but this was vetoed by General Motors at the weekend.
"After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab owner Swedish Automobile (Swan) said in a statement.
Zeewolde, The Netherlands, 19 December 2011 — Swedish Automobile N.V. (Swan) announces that Saab Automobile AB (Saab Automobile), Saab Automobile Tools AB and Saab Powertrain AB filed for bankruptcy with the District Court in Vänersborg, Sweden this morning.
After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded. The Board of Saab Automobile subsequently decided that the company without further funding will be insolvent and that filing bankruptcy is in the best interests of its creditors. It is expected that the Court will approve of the filing and appoint receivers for Saab Automobile very shortly.
Swan does not expect to realize any value from its shares in Saab Automobile and will write off its interest in Saab Automobile completely.