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Saab Auto, Youngman and Pangda continue takeover talks

Swedish car maker Saab Automobile AB said Tuesday that takeover talks between its owner Swedish Automobile NV and two Chinese investors will continue despite...

China’s Youngman still wants to buy Saab

China's Zhejiang Youngman Lotus Automobile Co said it still wanted to invest in ailing car maker Saab after General Motors said on Monday it...

GM kills Saab rescue plan

The owner of Saab cars are scrambling to save a rescue deal for the Swedish car brand after General Motors said it would stop...

GM says difficult to support Saab ownership change

General Motors Co said on Friday that it would be difficult to support a sale of Saab if the transaction hurt its existing tie-ups...

Saab-savior Pangda ‘burns’ 6 billion yuan in 6 months

Shareholders and securities analysts are scratching their heads over how a top automobile marketing group in China managed to "burn" a huge fund of...

Chinese buyers vow long-term financing for Saab

Chinese groups Pang Da Automobile Trade Co and Zhejiang Youngman Lotus Automobile Co will pump more than half a billion euros ($709 million) into...

Saab Auto Sets Sale to Panda and Youngman

STOCKHOLM—Swedish Automobile NV, the owner of Saab Automobile, said Friday it agreed to sell the stricken car maker to Chinese companies Pang Da Automobile...

Saab Owner Rejects Chinese Buyout Proposal

Swedish Automobile NV said it has given notice to terminate an agreement to sell a majority stake in Saab Automobile to two Chinese companies...

Saab Auto receives finance lifeline from Youngman

Swedish Automobile NV , owner of Saab Automobile AB, said Thursday it has received the first payment of EUR 11 million of a...

Pangda plans to raise $594m via bond sale

Chinese car distributor Pangda plans to raise up to 3.8 billion yuan ($594 million) by issuing bonds, it said on Sept 16. The proceeds...