Saab offers 10% to suppliers now, rest in Sept. as it struggles to pay debts
Reviews Tuesday, Jun 21st, 2011 @ 10:46 p.m. Saab has offered an unusual deal to its suppliers: In dire need of immediate cash prior to a planned investment from a pair of Chinese firms, the automaker says it will pay 10 percent of its supplier debt now before delivering the rest in three months once its situation improves.
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#1 Jun 30, 2011
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