Whenever we report about the machinations around Saab, the faithful remind us that there are real people affected. They are right. Some of the real people work for IAC for instance, one of Saab’s largest suppliers. Half of the production of its factory in Färgelanda went to Saab.IAC Sweden could be bankrupt in a few weeks because they don’t’ have the money to pay a 95 million kronor ($ 14.8 million) tax bill, Sweden’s Göteborg Posten reports. (Read More…)
Posted in Chapter 11, Europe, High Finance, News Blog
Tagged as Bertel Schmitt, IAC, Saab, Victor Muller
Tagged as Bertel Schmitt, IAC, Saab, Victor Muller
Recent Comments
VenomV12 - My mom had the same 626, cool car. My dad had a 929 Limited that had all sorts of cool stuff including an upright cassette deck with an EQ like a home stereo. I have...
steveg35 - Lutz is a blowhard. Crashed his aircraft by forgetting to put the gear down. His buddy Eaton sold out Chrysler to M-B for a big payday. Car...
Ion - A European Mustang brought us the foxbody. After the government stopped dictating what headlights you had to use I think the foxbody turned out...
steveg35 - Lutz is a blowhard. Crashed his aircraft by forgetting to put the gear down. His buddy Eaton sold out Chrysler to M-B for a big payday. Car...
VenomV12 - My dad had a 500E, to this day still one of the greatest cars we have ever owned. They still look great today also. Used to beat unsuspecting Corvettes...
Ion - I wasn’t offended by the original Subaru reference, and I’m not offended now either. However I find this really petty and...
Summicron - More than any other car I can think of, Fusions look better in real life than in photos. Stunningly so. I hate modern sedans, but Fusions are...
-Nate - Wrong ~ I’m 6′ tall and over 200 # , have a broken back and serious sciatica problems and I fit in there just fine and find it very comfy . I...
Brendan McAleer - I should email him and see if I can drive it sometime. I do know a guy with a 911 Turbo 3.6 too…
skor - The black and tan convertible makes me want to reach for a black and tan.