Saab is building the new 9-4X but potential customers are still steering clear. And now a Swedish district court has rejected the company's request to go into reorganization, a process that would
protect it from workers and others owed millions in cash while it comes up with plans to replenish its coffers.
Saab officials say they intend to appeal the decision by the Vanersborg
District Court but observers have begun to believe that the financially strapped maker might now be forced into an involuntary bankruptcy - even though several Chinese companies are themselves waiting
for regulatory approval on plans to acquire a majority stake in Saab's parent, Swedish Automobile.
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