Saab workers stage demonstration

Saab workers stage demonstration
Saab employees filled a main thoroughfare in the company’s home base of Trollhättan in central Sweden on Thursday night to show their faith in the future of the beleaguered automaker.

“Many believe in Saab and this demonstration proves it,” said IF Metall union boss Stefan Löfven to the TT news agency.

The torchlight parade and speeches by Swedish Saab workers were part of a coordinated effort by their counterparts in other countries to demonstrate for their jobs.

“GM is a catastrophe,” said Opel union head Klaus Franz in Rüsselheim, Germany, another Saab production site, referring to Saab’s US-based owner, General Motors.

The streets of Trollhättan were illuminated by mass of about 600 torch bearers who paraded from Kungsgatan to Drottningtorget where roughly 3,000 people had gathered.

“There’s a huge amount of bitterness and frustration over the government’s policy. People feel like Saab hasn’t been give a chance and I share their anger,” said Social Democratic party leader Mona Sahlin to TT.

The demonstration came just hours after GM announced a staggering loss for 2008 of $30.9 billion.