SAAB has been forced to halt all production this morning while it struggles to meet its considerable debts for back duties owed to the Swedish Customs Agency.
Until such time as the amount is paid in full, the agency has blocked all transportation pertaining to the SAAB brand.
While no monetary figure was given it is speculated as very likely that the sum is far greater than SAAB has in its cash reserves.
“The Customs Agency is holding onto our goods,” SAAB production manager Gunnar Brunius confirmed. “I have received no indications about us being unable to pay.”
The Customs Agency is blocking all SAAB shipments originating from outside the European Union. In order to resume production, SAAB must either come up with the money itself or receive financing from another source.