Saab has pulled out of the Frankfurt auto show next month as the Swedish brand struggles to raise cash to pay suppliers. A Saab spokesperson said that the carmaker will concentrate its resources on restarting production at its factory in Trollhatten, Sweden. Hit the jump to read the rest of the story.
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Saab was forced to halt car production in late March because of a cash shortage, and its assembly line has been quiet since early June. The company is trying to raise more funds and has said it aims to restart manufacturing in a few weeks.

“Whilst it would be desirable to be at the show to help further Saab’s global presence, it is not considered an appropriate use of resources at this time,” a posting on Saab’s Inside Saab blog stated.
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