Menu

Saab to be revived by Chinese-Japanese Investors

Jun 13 2012, 3:00am CDT | by , in Rumors | Cars & Vehicles

Saab to be revived by Chinese-Japanese Investors

Saab is bankrupt since a while now. A new rumor report on Bloomberg says that Saab Automobile will get a second life.

A Chinese and Japanese investment group involved in building electric cars has agreed to buy Saab Automobile and bring Saab back from bankruptcy. Bloomberg cites a person familiar with the matter.

The official announcement of the deal is supposed to come today. 

More details on Bloomberg.

Now Watch

Share this Story

Follow Us
Follow I4U News on Twitter
Follow I4U News on Facebook

You Might Also Like

From the Web

Read the Latest from I4U News

NASA tests Shape-shifting Airplane

NASA tests Shape-shifting Airplane

4 days ago, 9:09am CDT

Ford Recalls 400,000 Cars

Ford Recalls 400,000 Cars

Apr 25 2015, 12:42am CDT

Comments

blog comments powered by Disqus