Saab production stops and starts

M_Smith

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Jun 18, 2007
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Saab production stops and starts
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After seeking bankruptcy protection on Tuesday, Saab shut down its Swedish factory after customs agents seized control of it, according to an English-language Swedish news site.
According to The Local, Swedish customs authorities blocked parts deliveries to the factory from outside the European Union, over unpaid duties on the imported parts. Since Saab relies on many GM parts from the United States, the lack of these parts shut down the factory.
A spokesman for the Swedish customs service was quoted as saying the amount Saab owed was ?considerable.?
Saab has since resolved the dispute by negotiating with Swedish customs authorities. The touch-and-go nature of this arrangement speaks to the challenges General Motors and its various divisions face.
*?Eric Evarts
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