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Chinese auto firm Zhejiang Youngman Lotus Automobile has made an improved 5 billion crown (452.4 million pounds) bid for bankrupt carmaker Saab, Swedish media reported on Friday. Daily Svenska Dagbladet quoted Youngman's representative in Sweden
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Chinese group Zhejiang Youngman Lotus Automobile has made a fresh bid for Swedish carmaker Saab, which went bust in December, Swedish radio reported on Feb 2, citing sources. Saab, one of Sweden's best-known brands, shut down production early last
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Saab Automobile filed for bankruptcy on Monday after attempts by Chinese investors to take over the loss-making brand were blocked by previous owner General Motors Co. The Vanersborg District Court in southwestern Sweden said
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Saab files for bankruptcy in Sweden Saab's owner had been in talks with companies about raising further finance Troubled Swedish carmaker Saab has filed for bankruptcy after failing to secure fresh funds from potential Chinese investors. General
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The Newcastle striker is due to meet up with the rest of the squad in Malahide for assessment after limping out of his club's 2-1 Premier League defeat by Everton with groin and toe problems. Best was called into the squad on Thursday after it
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In a statement, Swedish Automobile said Youngman and Pang Da had not confirmed they could meet their commitments. During the summer, the two firms agreed to invest 245m in Saab, in return for a stake of almost 54%. The decision means the future of
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