Rumors about Saab getting an eleventh-hour reprieve are just that – rumors. But talk of U.S. dealers retaining counsel is real. “We notified creditors that it is our opinion there is no way to salvage the company,” says Jim McTevia of McTevia & Associates, a Bingham Farms, MI, consultancy hired by Saab Cars North America to oversee the company’s U.S. operations wind-down phase. He squelches talk that new buyers for the group have emerged. “I’m ...
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