11.51 AM Wednesday, 21 February 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 05:31 06:45 12:35 15:51 18:20 19:34
21 February 2024

Thousands rally for Saab rescue

Protestors demonstrate outside Swedish carmaker Saab's main plant in Trollhattan. (AFP)


Several thousand people gathered for a demonstration in Sweden yesterday to call for iconic Swedish carmaker Saab to be rescued from its owner GM's plan to shut it down, a union official said.

"There were at least 3,500 people at the demonstration, including Saab employees, employees from neighbouring companies and town residents," Paul Aakerlund, the head of the Saab branch of the IF Metall union, said.

The demonstrators chanted "Save Saab! Save Saab!" during the half-hour protest outside Saab's headquarters in the southwestern Swedish town of Trollhaettan, he said.

According to Swedish news agency TT, other signs and banners read "Mr Obama – Please Save Saab" and "GM – General Mistake."

General Motors announced on December 18 it would wind down the brand which has barely turned a profit during two decades under GM ownership.


Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.