According to latest reports, a judge has today determined "there was no reason to believe the bankruptcy protection plan would help save Saab."
Unions are one of the creditor groups lining up to pursue bankruptcy, as this would activate a state wage compensation scheme for workers still owed money.
Unfortunately for Saab enthusiasts, it appears time may be running out for a company that has been battling for survival against the odds since GM threatened to close it in 2009. Spyker Cars bought the firm before renaming itself Swedish Automobile, but it hasn't appeared to have been able to do much to stave off disaster.
Victor Muller (Swedish Automobile's boss and main shareholder) has declared his intention to appeal, but as Saab has already benefited from bankruptcy protection in 2009, it can't make life any easier.
They can't build the new 9-5 in China because the property rights still belong to GM, but we know the Chinese want to build a new 9-3 locally - at least according to Mr Muller who says a deal is in the offing - in which case we fail to understand the apparent reluctant of Chinese officials to sign the paperwork.