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Ogilvie Fleet News & Blog

Saab Production Halted

Posted on by Matt Topham

Spyker says it has halted Saab production due to a short-term liquidity crunch which it must resolve to pay suppliers.

At full capacity, Saab can make about 200 cars a day, but the factory, which employs about 1,200 production workers, has been closed since last week after earlier rolling stoppages.

Reuters reports the company as saying once it has obtained funding to pay outstanding debts with its suppliers, Saab Automobile expects it will be able to resume normal production within a week. Source - AM Online

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