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Youngman

Youngman to Bid $731 million for Saab

China Youngman Automobile Group Co., Ltd. will submit a bid of about SEK5 billion ($731 million) for bankrupt Saab Automobile, owned by Swedish Automobile,...

Swedish Delegation Heads to China on Sale of Saab

Well, there we go again... A Swedish delegation made up of government officials, representatives from the Swedish automobile company Saab was on the way to...

Spy Shots: facelift for the Youngman-Lotus L5 in China

The Youngman-Lotus L5 will get a facelift. Most changes are up front with a new grille and a new bumper, resulting in a somewhat...

Spy Shots: Youngman-Lotus SUV testing in China, again

Youngman is still trying to buy assets from bankrupt Saab but at the same time it continues to develop its passenger cars. Most cars...

Automaker Saab files for bankruptcy in Sweden

STOCKHOLM – Saab Automobile filed for bankruptcy on Monday, giving up a desperate struggle to stay in business after previous owner General Motors (GM)...

A Miracle indeed; Saab gets Payment from China’s Youngman

Ailing carmaker Saab has received a first payment from China's Zhejiang Youngman Lotus Automobile as it struggles to stay in business and faces a...

Saab talking to A Chinese bank, not Bank of China

Swedish Automobile NV (Swan), the Dutch owner of the car maker Saab Automobile AB, said on Monday that it will continue discussions with Zhejiang...

Bank of China to save Saab (?)

Saab's Dutch owner and China's Zhejiang Youngman Lotus Automobile have agreed that the Bank of China, the nation's fourth-largest bank by market value, will...

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...