Saab accelerates towards the scrapheap

Updated

Can Saab be saved? It's looking unlikely. The once highly-respected Swedish car brand is again parked on death row despite Saab boss Victor Muller claiming he "will never give up" for Saab's future. But Saab's administrator Guy Lofalk is applying, via Swedish courts, for a formal death sentence after two Chinese investors reversed plans to invest in the troubled car brand.

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