Saab GB goes into administration

Over 100 jobs at Swedish carmaker Saab's UK distribution arm are at risk following the decision of the parent company to place the British division into administration.

There are some 120 employees across Saab GB's Milton Keynes headquarters and its wholly-owned subsidiary - Saab City.

Cars and parts built by the Swedish manufacturer are distributed by Saab GB to 58 dealerships in Britain, which include 20 sites that deal only with the Saab brand.

Saab City runs a Saab motor dealership in Wapping and another in Fulham.

Talks with potential investors over Saab GB's sale are currently under way.

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