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Saab Shooting to Re-Start Production Mid-November

Maker now under court protection.

by on Sep.26, 2011

A Saab 9-5 in the Trollhattan plant.

Struggling under court protection to raise cash and pay off angry creditors Swedish automaker Saab hopes to get back into the business of building cars by sometime in mid-November.

That is just the latest in a series of plans to restart the company’s headquarters assembly plant in Trollhattan, Sweden, however, and skeptics would be far from surprised if the maker misses that goal, as well.

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After being rescued from the automotive rubbish heap in early 2010, Saab’s new parent – now known as Swedish Automobile – fell short of its sales targets and steadily deeper in debt.  By late March of this year the company’s unpaid vendors decided to boycott, leading to the shutdown of the Trollhattan plant.

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