Saab North America Creditors File Involuntary Bankruptcy

Creditors of Saab Cars North America Inc., the U.S. unit of the bankrupt Swedish automaker, are seeking to force the Saab unit into bankruptcy in the U.S.

More than 40 creditors, all of which are U.S.-based Saab dealerships, filed an involuntary Chapter 11 petition today against Royal Oak, Michigan-based Saab Cars North America with claims totaling about $1.2 million.