Saab To Be Revived By Chinese-Japanese Investors

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


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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.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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