UPDATE 1-Chinese buyers vow long-term financing for Saab

Newswire

* Chinese investors promise long-term funds to Saab * See turnaround in 2014 * To make Saab cars also in China (Adds details, background) STOCKHOLM, Oct 31 (Reuters) - Saab's rescuers, China's Pang Da Automobile Trade Co and Zhejiang Youngman Lotus Automobile Co, have vowed to invest more than half a billion euros in the struggling carmaker, court documents showed on Monday. Youngman and Pang Da agreed last week to buy all of Saab for 100 million euros. Court documents showed on Monday that ...

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