Saab Ditches Frankfurt Motor Show as Debt Concerns Mount

In a move that was more or less anticipated after the recent plague of problems, Saab today announced that it will not be present at the most prestigious automotive event of the year, the 2011 Frankfurt Motor Show.

"Presence at the show requires resources that Saab are currently allocating towards the restart of production in Trollhattan," said a posting on the Swedish firm's official blog. "Whilst it would be desireable to be at the show to help further Saab’s global presence, it is not considered an appropriate use of resources at this time."

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