GM says difficult to support Saab ownership change

Newswire

Nov 4 (Reuters) - General Motors Co said on Friday that it would be difficult to support a sale of Saab if the transaction hurt its existing tie-ups in China or its competitive position in other markets. China's Pang Da Automobile Trade Co and Zhejiang Youngman Lotus Automobile have struck a deal to buy Saab from its current Dutch owner, Swedish Automobile , in what amounts to a rescue plan for the Swedish auto brand formerly owned by GM. Swedish Automobile, then called Spyker, rescued ...

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