Does this mean they're back in the game?
http://www.time.com/time/world/article/0,8599,2098090,00.html
Does this mean they're back in the game?
http://www.time.com/time/world/article/0,8599,2098090,00.html
$141 million seems like a lot of money to pay for a company that hasn't made a dime in a couple decades, but I don't really grasp the concepts of multinational corporation high finances. Or government finances. I just pay my Visa card off every month...
who knows how much money saab actually made. Since GM owned them, they have been playing a shell game with the finances
You could see some intresting cars from saab if this goes through.
GM sold SAAB for more than 360 million, so 141 isn't such a bad price. The Chinese have taken a hands off approach at Volvo (so far) maybe it isn't the end for Svenska Aeorplan AktieBolaget
It'll be interesting to see if they continue to run Saab as an automotive company. If I were a Chinese manufacturer , I'd strip Saab of it's intellectual and physical holdings to help make better vehicles (since Chinese cars are crap) and then dump it.
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