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  Saab sold to Pang Da and Youngman for 100 million Euro

  28 October 2011 / 30 comments

  And the deal is done – Swedish Automobile announced today that Saab will be sold to two Chinese companies for 901 million Yuan, which is about RM435 million or 100 million Euro. The two Chinese […]

  
  

   

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  Saab ends investment deal with Youngman, Pang Da

  25 October 2011 / 4 comments

  Swedish Automobile, the company which owns troubled automaker Saab, has said it has ended a 245 million euro investment deal with Chinese companies Zhejiang Youngman Lotus Automobile and Pang Da Automobile, following their offer to […]

  
  

   

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  Swedish Automobile to sell Spyker Cars for US$44 million

  30 September 2011 / 0 comments

  The journey continues, though on a different tack. Reports say that Swedish Automobile, the company that owns cash-strapped Saab and Spyker Cars, has announced its intent to sell off Spyker to an American private equity […]

  
  

   

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  Saab and Youngman to form joint venture to develop three new models: the 9-1, 9-6 and 9-7

  20 July 2011 / 9 comments

  Saab, through its owner Swedish Automobile, has signed an agreement with Zhejiang Youngman to form a joint venture in Sweden to develop three Saab models. The company issued a statement which said that the 50:50 […]

  
  

   

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  Saab-Youngman JV to build three new models in Sweden

  8 July 2011 / 25 comments

  Swedish automaker Saab, part owned by Spyker, part owned by the Chinese, has signed an agreement with Zhejiang Youngman Passenger Car Group Co to form a joint venture in Sweden. This 50-50 JV will develop […]

  
  

   

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  Saab’s adventure continues – Youngman joins the party

  14 June 2011 / 6 comments

  The tempestuous affair that is Saab continues, with another Chinese suitor entering the picture to now make it a three-way deal. The Swedish automaker, owned by Spyker Cars, had been given a shot in the […]

  
  

   

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  Saab gets another 15m euro cash injection from Pang Da

  2 June 2011 / 5 comments

  Saab has obtained another cash injection from Pang Da, its new Chinese partner, according to reports. The Swedish automaker has received a further order for 630 cars, worth 15 million euros, on top of the […]

  
  

   

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  Kung Fu Panda saves the day! Chinese auto distributor Pang Da pumps 45m euros into Saab, buys stake in Spyker

  17 May 2011 / 19 comments

  Cash strapped Saab has a new saviour, just a few days after the deal with Chinese automaker Hawtai fell through. The Swedish brand’s owner, Spyker, has signed a memorandum of understanding (MoU) with Pang Da […]

  
  

   

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  Saab-Hawtai deal falls through – Great Wall enters picture

  13 May 2011 / 2 comments

  It looks like the reported deal between Hawtai Motors and Saab, which would have seen the Chinese automaker taking a 29.9% equity stake in Saab parent company Spyker Cars for US$172 million, has fallen through. […]

  
  

   

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  Saab rescued, again – Hawtai buys into Spyker Cars

  3 May 2011 / 11 comments

  A couple of days ago, we reported that Saab was likely to be rescued by investors. Well, the deal is done. The Swedish automaker – and its Dutch owner, Spyker Cars – has confirmed a […]

  
  

   

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