The InfoStride Forum

TECHNOLOGY => Automotive => Topic started by: IL on Oct 15, 2011, 01:02 AM

Title: Saab Gets Cash Infusion From China's Youngman
Post by: IL on Oct 15, 2011, 01:02 AM
(http://media.il.edmunds-media.com/saab/ns/saab_bdg_ns_101311_196.jpg) Saab on Thursday announced that it has received an unspecified amount of cash from Chinese carmaker Zhejiang Youngman Lotus Automobile Co., helping to quiet concerns that the firm's Chinese "white knights" were backpedaling on their promised investment deal.

InsideLine