Sweden's Saab files for bankruptcy after General Moters vetoed rescue plan by Chinese investor

FoxBusiness.com, 19 Dec 2011
Sweden's Saab faced an end to more than 60 years of car making on Monday after its Dutch owner abandoned repeated attempts to find financing and filed for its bankruptcy.
The company has been on the edge of demise since March, when cash problems forced it to halt production of its much-loved cars. Full story