Thursday, June 21, 2012

Court Rejects Saab’s Administrator Resignation, GM Rejects Any Chinese-Related Plan…

There are so many turns and twists in Saab's road to salvation or closure on an everyday basis, that it’s very easy to lose track of what's actually going on with the Swedish automaker.
On Monday Guy Lofalk, the court-appointed administrator who proposed the termination of the carmaker’s restructuring process, quit. Two days later Saab announced the appointment of another administrator, Lars-Henrik Andersson.
On Thursday, after Andersson turned down the job, Saab said that Lofalk would eventually be replaced by Lars Soderqvist.

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