Saab’s $15.9 million bill goes to debt collector

The government of Vastra Gotaland, in western Sweden, has enlisted the aid of the governments debt collector in the recovery of the $15.9 million it spent supporting the automaker while it was under administration prior to its sale to Spyker Cars NV. Vastra Gotaland is home to Saab”s main production plant, and covered wages during the aforementioned period.

Saab could not immediately be reached for comment, but Spyker CEO Victor Muller is not worried. “Just a legal dispute that will (be) dealt with in the appropriate way. Nothing of concern,” he told Reuters in a text message.

The regional government said on Sept. 6 that it would pursue the claim if Saab did not make good by the 20th. Saab and Spyker have said that the company should only pay the amount demanded, and that the debt to the government should be treated like all of its other debts; written down as part of the administration process.

– By: Stephen Calogera

Source: Automotive News (Subscription Required)