Saab delays production restart

Saab has announced that a production stop lasting for most of the past three months will continue into August due to parts shortages.

The Swedish car maker said it will not be able to resume production at its Trollhattan plant before August 9 because of the longer time required by some of its suppliers to produce adequate parts.

The firm had earlier expressed hopes that production at the unit would resume in two weeks' time, after it obtained short-term funding from different sources to settle suppliers' bills and pay workers' wages.

Saab won a €13 million (nearly £11.5 million) order to supply 582 vehicles to a Chinese firm.

The car maker also obtained final approval for the sale of its property, which will bring in nearly £25 million.

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