New Chinese Order Provides Saab with a Temporary Lifeline

Maybe the future of Saab isn�t as dark as it looks, and the voluntary bankruptcy proposed by suppliers isn�t the only solution. Well, at least for now. That�s because the Swedish automaker announced today that an unnamed Chinese company place an order to buy 582 cars, with a total value of � 13 million.
The pre-payment is to be received this week, giving Saab a much needed funding to pay its workers and suppliers. This, however, is only a short-term lifeline for the ailing company and the efforts to secure funds that will guarantee the brand�s future and restart production, which has been halted again since June 8, are ongoing.