Saab files for bankruptcy after Chinese deal fails

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  • DeltaFoxtrot West Valley, UT
    Dec. 19, 2011 10:54 a.m.

    What a Saab story.

    The bankruptcy has been in the works ever since GM sold them. The Chinese won't get GM's tech and Saab's only other major suitor was a Russian mob boss. This should have happened years ago.

  • A Scientist Provo, UT
    Dec. 19, 2011 8:39 a.m.

    "But the deals fell through, blocked by regulators or by GM, which was concerned that its technology would end up in the hands of Chinese competitors."

    A valid concern. Bye bye, Saab.