Suppliers question Saab rescue deal

After a jubilant announcement from Saab automaker chairman Victor Muller Monday that his company had struck a rescue deal with Chinese carmaker, Pang Da, Saab's suppliers say it's not enough to bring back their confidence in the Swedish brand.

Sven Åke Berglie, the CEO for the FKG trade association representing Scandinavian suppliers to the automotive industry, says, "Saab must have a long-term solution to the problems before it can get up to speed."

The Saab factory in Trollhättan has been at a standstill for six weeks, as the company hasn't been able to pay it suppliers. After the deal was announced with Pang Da, Swedish Radio P4 West reported on Tuesday that according to their sources, the factory will be back up and running in a couple of weeks.

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