SAIC considers taking a stake in Saab

By Andrew C., 27 Aug, 2010. 0 Comments

SAIC considers taking a stake in Saab

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Although the size of the investment has not been decided, it is being speculated that SAIC Motor group, China's largest car manufacturer, will take a stake in Saab Automobile in partnership with Koenigsegg. It is believed that Koenigsegg is seeking to plug a three billion Swedish crown shortfall in its financing for the purchase of Saab. So far, SAIC has given no comment.


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