Car Throttle News Bites: December 19th 2011
It's a sad day for car people. If you've been on the internet, especially Facebook, and especially General Motor's Facebook page, you probably heard today's big news. Saab filed for bankruptcy in a district court in Sweden today. We don't make a habit of reporting industry news here at Car Throttle, but this is Saab we're talking about, and this story has been leading to this inevitable conclusion basically since Spyker bought Saab from GM. With no money to buy the parts to build cars, or pay the workers to build the cars, Saab was in a rough spot. With accusations of their funding coming from shady places it was hard to secure additional funding to float the company. And with GM unwilling to supply

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