Is Saab going, going, gone? Rumors of near-bankruptcy circulate

Is Saab going, going, gone? Rumors of near-bankruptcy circulate as Saab delayed its release of the first half 2011 financial report which, obviously, will likely be printed with red ink.

News reports say Saab missed another payroll and its suppliers still refuse to provide the parts Saab needs to build cars.You have to know that the few Saab dealers that are left out there are making plans to move on. One dealer reported remarked that they were no longer going to support Saab "after learning that Saab board members received pay increases recently, even as the rest of the staff waited for their checks," according to TheDetroitBureau.com.

If you own a Saab car or suv, now might be the best time to get rid of it or, at the very least, plan on not having anyone willing to do any warranty work on it. But then again, that's probably already a problem you have been dealing with.

Burdge Law Office
Because life's too short to drive a lemon

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ABOUT THE AUTHOR

Known nationwide as a leading Lemon Law attorney, Ronald L. Burdge has represented literally thousands of consumers in "lemon" lawsuits and actively co-counsels and coaches other Consumer Law attorneys. From 2005 through 2018, attorney Ronald L. Burdge has been named as the only Lemon Law Ohio Super Lawyer by Law and Politics magazine and Thomson Reuters Corp., Professional Division. Burdge restricts his practice to Lemon Law and Consumer Law cases. The Ohio Super Lawyer results are published annually in the January issue of Cincinnati Magazine. Ronald L. Burdge was named Consumer Law Trial Lawyer of the Year 2004 by the National Association of Consumer Advocates, the nation's largest organization of consumer law private and government attorneys. "Your impact on the auto industry has been magnified many times over because of the trail you blazed for others," stated NACA's Executive Director, Will Ogburn. Burdge has represented thousands of consumers in Ohio, Kentucky and elsewhere since 1978 and is a frequent lecturer to national, state and local Bar Associations and Judicial organizations. Burdge is admitted to Ohio's state and federal courts, Kentucky's state courts, and Indiana's federal courts. Other court admissions are on a "pro hac" temporary, case by cases basis.