Sunday, September 4, 2011

Saab Records $322 Million Loss in First Half

Saab is currently struggling to survive, but it seems that the Swedish automaker's chances are decreasing each day. While other times we had little steps towards a financial meltdown, today, unfortunately, we find out that Saab has posted a $322 million loss for the first half of the current year.

During the first six months of this year, Saab managed to sell 15,914 cars, with its revenues totaling $513 million.

However, as you probably know, Saab halted production in April due to a shorta...

Source: http://www.autoevolution.com/news/saab-records-322-million-loss-in-first-half-38353.html

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