Production at Saab remains shut down as its owner, Spyker, announces a financing deal with...

|By:, SA News Editor

Production at Saab remains shut down as its owner, Spyker, announces a financing deal with China's Hawtai Motor has collapsed. Spyker halted activity at Saab plants on April 6 after suppliers cut the company off for nonpayment. Spyker shares -16.0% in Sweden.