Chinese buyers vow long-term 600 million euros financing for Saab

As you may know already, on Friday we announced that Swedish Automobile agreed to sale Saab brand to China’s Pang Da and Youngman for 100 million euros ($142 million). Today the two companies announced that they are planning to provide a 50 million euro bridge loan as well as 610 million euros in long-term
Read Article

MorePower - 10/31/2011 3:23:59 PM

+1 Boost

No surprise

FromThePassengerSeat - 10/31/2011 10:55:22 PM

+1 Boost

Let's pray that this doesn't mean Saab will become a typical Chinese car brand.