The Car and Truck Fleet and Leasing Management Magazine

Saab Reorganization Continues After Court Approves

November 3, 2011

ZEEWOLDE, THE NETHERLANDS – Saab’s parent company announced that the Swedish court in Vanersborg approved the continuation of the voluntary reorganization process. The approval came after a meeting of the companies’ creditors earlier this week.

This approval follows the recent news that Chinese companies Pang Da and Youngman said they plan to purchase Saab for EUR 100 million.

Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

FleetFAQ

Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All

 

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All

 

Sponsored by

Most car dealers who sell used vehicles must comply with the Federal Trade Commission's (FTC's) Used Car Rule. In fact, car dealers who sell more than five used vehicles in a 12-month period must comply with the Rule.

Read more

Up Next

More From The World's Largest Fleet Publisher