Hot News: Saab to Go Bankrupt

The saga has been running for two years but Saab’s fate looks as if it has finally been sealed, with news that the Swedish manufacturer has filed for bankruptcy. In a very public struggle to stay afloat, Saab was almost sold off to Pang Da and Youngman – both Chinese manufacturers – but the deal was called off by Saab’s former owners, General Motors, who didn’t want its technology falling