STOCKHOLM (AP) — Saab, the Swedish car company renowned for its sometimes quirky designs, moved closer to bankruptcy Thursday after it conceded that it didn’t have any money to pay employees’ wages.

A graphic of the AT4 anti-armour weapon, which Saab, Inc plans to build at a planned factory in Michigan. (Saab Bofors Dynamics) Saab, Inc, the US subsidiary of the Swedish defence firm, is building a ...