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Saab has a new Chinese partner

Economy | 2011-05-02



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Saab Automobile declared today they have closed a deal with the Chinese car producer Hawtai Motor Group about a strategic partnership. The substance of this partnership will be revealed at a pressconference on Tuesday morning (tomorrow Swedish time). Saab plans to restart the production in Trollhättan next week as the owner Spyker Cars will get new financial strenth through a 30 million euro loan from Gemini Investment Fund Limited which is a co-owner of Spyker.
 (SVT)


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