Saab seeks protection from its creditors

Struggling Swedish carmaker Saab is seeking protection from its creditors.

The move should help its owner Swedish Automobile avoid being pushed into bankruptcy while trying to secure additional funding.

Saab had to suspend production in April when its suppliers stopped deliveries after not being paid. Its workers have also had their pay delayed for three months in a row.

Saab says a big order means it can pay employee wages

The Swedish carmaker Saab has announced a big order from a Chinese company, which means it now can afford to pay its staff.

Last week, the company said it was too short of cash to make the payments.

Now it has said that the pre-payment on a 13m euro ($18m; £12m) order for 582 Saab vehicles would give it the short-term funding it needs.