The Dutch financial market regulator, on December 12 halted trading in shares of Swedish carmaker Saab’s parent company until further notice.
In addition, according to several sources, Viktor Muller is giving up his attempts to save Saab Automobile from bankruptcy.
However, Anette Hellgren, chair of the Saab chapter of the Unionen labour union, told TT she hadn’t heard anything about the reported bankruptcy either.
“We haven’t heard anything about this,” she said.
*Whether negotiations between Saab and Chinese firm Youngman have reached a conclusion also remains unclear.
Last week a court-appointed administrator asked the court to declare the company bankrupt and a verdict is expected to be delivered by the end of the week.
Saab could not be reached for comment. The company’s most recent public statement is that it is continuing to seek new financing.
Production has been suspended at Saab’s main plant in Trollhattan, Sweden, since April. Employees have not been paid since last month.
General Motors sold Saab in 2010 to Dutch luxury carmaker Spyker – now renamed Swedish Automobile – but GM remains a stakeholder and is reportedly concerned about use of its technology licenses.