Neo-SAAB


SAAB has been in the s**t ever since GM did them the favour of dragging them there in the first place. After successive bouts of imminent bankruptcy, SAAB dodged yet another bullet when Chinese firm Zhejiang Youngman Lotus Automobile Co. put up the first $15 million payment of a $97 million bundle that will keep the Swedish brand afloat.

My guess is that SAAB’s woes are far from over, since it’s pretty hard to sell the cars you need to survive if your head’s always being forced onto the chopping block.

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