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GM's Saab Unit Files For Protection From Creditors

from National Public Radio
February 20, 2009

General Motor's Swedish-based subsidiary, Saab, filed for protection from creditors in Stockholm Friday. The move allows the auto manufacturer to be sold or spun off from GM. Saab says it wants to take its resources back to Sweden and become an independent company. But the Swedish government earlier turned down GM's request for assistance.

Broadcast Dates

  • Morning Edition, February 20, 2009
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