UPDATE 1-Saab Cars N.America appoints administrator

Newswire

(Follows alerts) * Hires McTevia & Associates as financial adviser * Says will continue day-to-day operations * Seeks solution to provide warranty coverage for 2010, 2011 models Dec 21 (Reuters) - Saab Cars North America (SCNA) said it hired a financial adviser to administer its operations, after its Swedish parent was declared bankrupt by a court on Monday. SCNA said in a statement that it had chosen McTevia & Associates, a renowned financial adviser to companies in transition, and ...

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