Sweden's Saab heads for Chinese owners after rescue bid
STOCKHOLM (Reuters) - Struggling Saab is set to follow rival Swedish car maker Volvo into Chinese ownership under a planned 100 million euro ($141 million) rescue purchase by Pang Da Automobile Trade Co and Zhejiang Youngman Lotus Automobile Co.
Veronica Ek and Patrick Lannin
STOCKHOLM
Fri Oct 28, 2011 10:57am EDT
link-
http://www.reuters.com/article/2011/10/28/us-saab-idUSTRE79R1MZ20111028