Swedish Suppliers Say Saab Neglecting Payments

FKG association says at least five car part suppliers have not received payments from Saab since Friday that could add up to hundreds of thousands of dollars.

STOCKHOLM (AP) -- A Swedish trade association says car maker Saab Automobile has failed to pay several suppliers.

FKG association CEO Svenake Berglie says at least five car part suppliers have not received payments from Saab since Friday that could "easily add up to millions" of Swedish kronor (hundreds of thousands of dollars).

Saab spokesman Thomas Schulz said he did not know about the claims and dismissed rumors that production at Saab's main plant was halted Tuesday.

A metal workers union, however, said work was disrupted at the factory but could not confirm if it was linked to a conflict with suppliers.

Last year, tiny Dutch company Spyker Cars NV surprised markets by buying Saab out of liquidation from GM.
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