WATCH CBS NEWS VIDEO: DNC NEWS AND ANALYSIS LIVE COVERAGE

Saab Workers Threaten To File For Company’s Bankruptcy

DETROIT (WWJ) – An ultimatum from the roughly 1,500 Saab workers to the financially reeling car company.  Saab workers want to be paid. Now.

The employees of the financially troubled Swedish car-making firm have yet to receive their August paychecks, so they’ve issued an ultimatum; they will file for Saab’s bankruptcy next Tuesday unless a court steps in to protect the company from its creditors.

Saab was once part of the General Motors family. GM sold the company to Netherlands-based Spyker Cars in 2010.

Comments

More From CBS Detroit

Best 4th Of July Concerts In Metro DetroitStaying home this weekend? Celebrate the 4th of July by rocking out at one of these shows.
Hump Day Drinks: 8 Cheery Cocktail RecipesNow that you've made it through half the work week, it's time to celebrate!

Watch & Listen