SAAB SEEKS TO REGAIN DEALER TRUST AFTER PRODUCTION HICCUP
July 1st, 2011
BY MJ DESCHAMPS
AFTER a production line shutdown on June 8 and the need for three funding injections of Euro EUR61 million within a week, Saab Automobile's recent cash crisis has the UK automotive industry on edge, according to the Retail Motor Industry (RMI).
A spokesperson for the RMI, which represents the interests of dealers in the UK's automotive industry, said that there are concerns about the Swedish car manufacturer's current financial state and its inability to secure funding so far. "This is causing doubt over its long term viability," said ...
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