Monday, December 5, 2011

Saab in Talks with Youngman and Chinese Bank to Secure November Wages

It’s been nearly a week now because we last heard from Saab and as time goes by without a viable solution, the circumstance for the Swedish carmaker becomes more vital each day.
On Monday, Saab owner Swedish Automobile (SWAN.AS) announced that it is presently in discussions with Youngman Automobile and an unnamed bank in China about a potential investment in Saab.
Given all the troubles Saab is in, this will only be a brief-term remedy that will allow the business to pay workers their

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