GM's Saab eyes new models to boost volume, cut loss

Newswire

FRANKFURT/STOCKHOLM, Nov 26 (Reuters) - General Motors' loss-making Saab unit is planning to launch three new models in Europe in an effort to boost volumes and break even, the Frankfurter Allgemeine Zeitung said on Saturday. Saab was expanding its portfolio of models to five ranges from two, the German financial newspaper said. "We're taking the bull by the horns," it quoted an unnamed General Motors executive as saying. The big 9-7 sports-utility vehicle, already available in the ...

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