UPDATE 2-GM rejects Saab rescue plan under Chinese owners

Newswire

* GM says unable to continue supply deal with Saab * Saab rescue would not be in shareholder interests -GM * Swedish Auto CEO: must "go back to the drawing board" (Adds comments by Swedish Auto CEO, adds AMSTERDAM to dateline) By Bernie Woodall and Gilbert Kreijger DETROIT/AMSTERDAM, Nov 7 (Reuters) - General Motors Co said on Monday it would stop supplying parts and vehicles to Saab under a proposed sale of the brand to Chinese owners, a rejection that threatened to kill a pending ...

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