Industry / Sweden
Can Chinese Tie-Ups Save Saab?
July 2011 | Company News AlertSaab's parent Spyker Cars, renamed Swedish Automobile (SA) in May, has enjoyed a share price rebound after finalising deals with Chinese companies Pang Da and Zhejiang Youngman Lotus Automobile, which will give the struggling division a EUR245mn cash injection. It has also announced that new Saab models will be launched.
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