April 3, 2012

Saab ends deal with Youngman, Pangda

Saab ends deal with Youngman, Pangda

photoAMSTERDAM (Reuters) – Swedish car maker Saab said late on Sunday it has terminated a 245 million euro (212 million pound) investment deal with China’s Zhejiang Youngman Lotus Automobile Co and Pangda Automobile Trade Co , raising fresh doubts over Saab’s future.