Saab's Chinese Lifeline Fails - Company Desperately Tries To Find Another Partner

Saab Automotive AB said a partnership deal with a Chinese automaker to provide badly need financial support collapsed - but talks are under way at trying to resurrect it.

Saab's owner — Spyker Cars N.V. — said in a statement early this morning a deal with China's Hawtai Motor Group has been terminated.

CliffordExplorer - 5/13/2011 6:19:44 PM

+1 Boost

As much as I love Saab, and really want them to survive because they have some great concepts - it's over. Theres no denying it...