Saab bankruptcy likely 'in days'

The carmaker Saab's application for protection from its creditors to help it avoid being pushed into bankruptcy has been rejected by a Swedish court.

In response, Swedish trade unions said they could demand that Saab be declared bankrupt within days.

Chief executive Victor Muller insists the company is not dead yet - but Jay Nagley, Managing Director of Redspy told the BBC that it is difficult to see how Saab can climb back.