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Saab eyes China plants as route to growth

News

Saab, the car brand General Motors is selling to new Swedish and Chinese owners, is considering building cars in China, its managing director said on Wednesday.

Jan Ake Jonsson also said that he expected final financing arrangements for GM’s sale of the Swedish brand to a consortium led by supercar producer Koenigsegg to be in place by the end of October.

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Source: FT.com