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Saab Parts Supply Halts Production | © image: Saab
30 March, 2011
Saab Parts Supply Halts ProductionSaab Parts Supply Halts Production
In a further sign of problems at Saab, the Swedish auto maker has been forced to halt production on Tuesday due to a shortage of components. The brief shutdown raises questions about the company's ability to meet its production schedule. It comes just days after Saab's long-serving chief executive announced his decision to retire and parent company Spyker Cars NV reported a steep loss for 2010 and said it would raise €13.6 million ($19.2 million) in a capital increase.
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