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After several months of talks, General Motors on June 16 announced the sale of Swedish auto manufacturer Saab. But “will that be enough to save Saab?” wonders the Göteborgs-Posten on its front page. Because the buyer, Swedish luxury-carmaker Koenigsegg, doesn’t really seem equal to the task: its workforce of a mere 45 personnel turn out 45 automobiles a year, whereas Saab has over 4,000 people on the payroll producing upwards of 100,000 vehicles p.a. Which leads the Swedish daily wonder, despite €600 million in aid from the European Investment Bank, “Who can save the financing of Saab?”
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