Saab Still Awaiting Funding From Chinese Partners
#1
10-06-2011, 01:50 PM
Saab Still Awaiting Funding From Chinese Partners
In mid-September, amidst the chaos surrounding the potential bankruptcy of Saab, the automaker received what it thought was good news. Chinese partner Youngman agreed to front Saab a bridge loan worth some $95 million, in exchange for the production rights to Saab’s next generation sedan. Now, nearly a month later, Automotive News Europe...More...
Last edited by Jazz; 10-06-2011 at 06:04 PM.
