SAAB Swedish automaker

Inc. (SAP), the Swedish auto industry bankruptcy after the failure of a company (GM), the former owner of the company to reach an agreement with Chinese investors on a plan to save the Swedish company which carries on business for nearly 74 years.The company announced (Sudesh Automobile) which acquired the Dutch company (SAP) of the company (GM) U.S. in February 2010, the company (SAP) brought proceedings before the District Court of Bankruptcy Vanirspoog in Sweden this morning. The Board of Directors of the Dutch company that the group "Aangman" China announced it would withdraw its plans for investment in SAP and that the bankruptcy to achieve the "best interests of its creditors."
The company (GM) that still has some licenses for technology (SAP) have hampered the pursuit of Chinese investors to save the company, after its refusal to sell its technology. He believed the Board of Directors (SAP) that the company is unable to continue without further funding and found that the bankruptcy is for the benefit of creditors.
It is expected to be approved by the court of bankruptcy. It is noteworthy that the production company's main plant in Trollhattan, Sweden suspended since April because of the inability to pay the dues of the company's suppliers.