Tuesday, December 13, 2011

Swedish Saab Automaker May File for Bankruptcy.

  • Shares dropped 19%.
  • Before Saab, it was,Oldsmobile, Pontiac and Saturn.
  • Just too much competition.
  • Korea after Japan, is making fine automobiles.
  • Used to see a lot of Saabs in school parking lots. A favorite of the teachers.
  • Will the Swedish government take over? Sarcasm I could not resist.
Read more from The Local -Sweden's News in English.