Saab CEO Victor Muller has revealed the company is eyeing a possible rescue from bankruptcy.

Saab CEO Victor Muller has revealed the company is eyeing a possible rescue from bankruptcy.

The specifics are full of legalese, but Saab could be revived if an investor is found shortly. As Muller noted, "Under the new situation of bankruptcy, perhaps another type of scenario could be conceived, one where perhaps no Chinese parties are involved because that seems to be the sensitive element for GM."

Needless to say, the chances are a long shot as any investor would likely have to fork over €200 ($262 / £167) million to save the company.

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