The Chinese make a new bid for Saab rescue

After everybody said that Saab is forced to declare insolvency, Swedish newspaper Dagens Industri argues that the Youngman group does not give up hope for Saab to put it back on its feet. Unofficial sources claim that Youngman is interested to make a new offer to purchase Saab, the sum is about 500 million euros. This time, Youngman management committee members, including chairman PangQingnian, who will travel to Sweden next week to sit at the negotiating table again, aredetermined to restore Saab feet without GM technology. This week, liquidators of Saab decided to put up for sale 120 Saab collection models , from the Trollhattan manufacturer museum.


Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>