The Great Saab Sob Story of 2011 continues unabated as Saab Great Britain has officially filed for bankruptcy protection. Saab GB is a wholly owned subsidiary of Swedish Automobile N.V., the parent company of Saab, and has the exclusive rights to distribute Saab automobiles in the UK.
There are 58 Saab dealerships in the UK, 20 of which are standalone operations. According to Saab, court-backed protection is its best course of action in the UK, as it has yet to receive any sort of funding most of the promised funding from its supposed Chinese partners.
Autoblog
