(http://media.il.edmunds-media.com/saab/ns/saab_bdg_ns_102411_196.jpg) Saab's corporate parent Swedish Automobile said it has rejected a new offer by China's Pang Da Automobile and Youngman Lotus Automobile to buy all the shares of Saab, as well as an earlier agreement to take a majority stake in the flagging automaker.
InsideLine