Saab Bankruptcy Hearing Approaching

It seems that Saab might have a chance after all, at least it will get to speak in front of the court. A Swedish court has recently given the carmaker the right to appeal a previous rulling in which a lower court denied the automotive producer's request for bankruptcy protection, stating that a reorganization would not work.
Hard times for Saab 1 photo
Photo: Saab
Saab is now happy that it has a change to try to save what's left, with the company releasing a statement in which it shows its approval for the court's decision.

"The Court of Appeal is expected to rule shortly on Saab Automobile’s appeal against the decision by the District Court in Vänersborg to reject Saab Automobile’s proposal for voluntary reorganization," a Saab statement reads.
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About the author: Andrei Tutu
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In his quest to bring you the most impressive automotive creations, Andrei relies on learning as a superpower. There's quite a bit of room in the garage that is this aficionado's heart, so factory-condition classics and widebody contraptions with turbos poking through the hood can peacefully coexist.
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