GM to invest in 2 new Saab models in Sweden -paper

Newswire

FRANKFURT, Feb 28 (Reuters) - General Motors Corp. is to invest at least a billion dollars to build two new Saab model series, mainly in Sweden, thanks to workers' concessions and a promise of Swedish government investment, a newspaper reported. The present offering of two Saab series -- the 9-3 and 9-5 -- would be doubled, and the variety of models increased, the Frankfurter Allgemeine Zeitung reported in its Tuesday edition. It did not specify its sources. The report said the new ...

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