UPDATE 1-Car lover comes to ailing Saab's rescue

Newswire

(Adds detail, shares) * North Street Capital to invest $10 mln in equity * Also provide a $60 mln loan * Swedish Automobile says funding necessary, shares up AMSTERDAM, Oct 20 (Reuters) - The private equity firm of racing car enthusiast Alex Mascioli, which bought the luxury sports car business of the Dutch owner of Saab in September, is to invest $70 million in the cash-strapped car maker as Chinese bridge financing looks uncertain. Swedish Automobile , which owns Sweden's Saab, ...

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