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Production halted at Saab
26 February 2009
Troubled Swedish car maker Saab has had to stop production at its Trollhattan plant for a day, after it emerged it had failed to pay its outstanding customs duties.
Swedish customs retained vital parts needed for assembly after customs authorities informed the company it owed a “considerable” sum of money.
Customs had removed the company’s 30-day credit facility after it filed for bankruptcy protection last week.
A large amount of parts from General Motors’ production sites outside of the European Union were held in two warehouses while Saab settled the debt.
The restrictions only affected Wednesday’s production.
George Barrow
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