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Talks stopped II Talks about co-operation between Saab-Scania and Ford

26th October 1989
Page 8
Page 8, 26th October 1989 — Talks stopped II Talks about co-operation between Saab-Scania and Ford
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Which of the following most accurately describes the problem?

have broken down. Troubled Saab-Scania, which looks likely to lose more than £178 million this year on its car operations. is seeking a deal with a leading European car manufacturer, possibly Fiat or Peugeot Talbot. The company has reduced its 15,000 workforce by 2,000 and is relying on Scania's profits from truck and bus sales, which rose by 17% in the first eight months of the year.