formats

Saab sold to China

Published on October 29, 2011, by in Automobile.

Article Source: FendyBt2 Official Website


Just a few days after they denied it, all 100% of Saab’s share have been sold to Chinese Company Youngman & Pang Da.
The whole thing cost them only around $140 million.

It remains to be seen if the Chinese company has enough money to pour into the company after the buy out.
Saab desperately needs cash for new models.
So now, both Volvo and Saab are Chinese owned.
So far Volvo seems to be doing just fine.

What do you think will happened to Saab?


Similar Posts:

Buy and Sell text links

Article Source: FendyBt2 Official Website
If you like all this stuff here then you can buy me a pack of cigarettes.

Comments Off on Saab sold to China.
Home Automobile Saab sold to China