UPDATE 5-Spyker in advanced talks with China car firms -source

Newswire

* Talks with Chinese automakers nearing deal - source * Spyker is raising funds from existing shareholders * Saab 2011 production target of 80,000 not achievable * Q1 net loss 72 mln euros, vs Q4 loss 39 mln euros * Shares down 3.1 pct (Recasts with China talks, rewrites throughout) By Niklas Pollard and Fang Yan STOCKHOLM/BEIJING, April 29 (Reuters) - Spyker Cars , the Dutch parent of Swedish carmaker Saab, is in talks with three Chinese groups about possible financing and ...

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