GM unit Saab files for creditor protection (Reuters)

General Motors unveils the Saab 9-4X BioPower concept vehicle during the press preview at the 2008 North American International Auto Show in Detroit, January 13, 2008. (Mike Cassese/Reuters)Reuters – General Motors’ loss-making carmaker Saab Automobile on Friday sought legal protection from creditors to allow it to restructure and seek new funding for continued production.

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