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Saab saved from car finance disaster… again!

Saab seems to have been saved more times than a football, and now the company has managed to avoid another moment of certain death with news of an appeal blocking a previous court ruling.

Saab seems to have been saved more times than a football, and now the company has managed to avoid another moment of certain death with news of an appeal blocking a previous court ruling. The ruling was stopping Saab from starting a “voluntary reorganisation process to secure short-term stability”.

This effectively means they would cut certain jobs and facilities that are costing them money and hindering their recovery plan. The car finance mess has been going on for months, but with this latest saga, are we about to see the end?

For Saab and their employees’ sake, we hope so!

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