Saab UK goes into administration

Saab 9-5
Saab 9-5


Months of intensive negotiation, gaping periods of zero production and a company wallet getting ever lighter seems to have proved enough for Saab, as the UK arm of the business has filed for administration.

The whole company hasn't gone under though – that would be an even more tortuous twist given the recent Chinese takeover – just the UK subsidiary of the Swedish automotive manufacturer.