Saab owner sees hefty future funding from Chinese buyers


STOCKHOLM, Oct 28 (Reuters) - The Chinese car companies planning to buy troubled car maker Saab will pump several hundred million euros into the company in the long term and will continue to produce cars in Sweden, current Saab owner Swedish Automobile said on Friday. Swedish Automobile earlier announced that China's Pang Da Automobile Trade Co and Zhejiang Youngman Lotus Automobile Co agreed to buy struggling car maker Saab for 100 million euros ($141.4 million), replacing an earlier deal ...

Premium Content (PAID Subscription Required)

"Saab owner sees hefty future funding from Chinese buyers" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

more data and Insights

Nov 30, 2015

2016 Wards 10 Best Engines Test Drive: Ram 1500 EcoDiesel

The Ram 1500 and its 3.0L EcoDiesel V-6, evaluated by editor Bob Gritzinger, is one of 31 contenders for the 2016 Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×