Saab Finds Short-Term Fix, But Its Future Still Looks Insecure

After almost three weeks of production stoppages at Saab, its parent Spyker Cars has lined up two last-minute deals in the hope of easing the Swedish brand's liquidity crisis. In addition to securing a EUR30mn convertible loan agreement with Gemini Investment Fund, Saab has sealed an agreement with China's Hawtai Motor Group worth EUR150mn.

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