saab automobiles

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Report: China's Youngman bails on Saab, Mahindra still in the mix 1337808600

Zhejiang Youngman Lotus Automobile has been jettisoned from the dwindling pool of bidders for Saab after tendering an offer of US$492 million for the whole kaboodle. Exact reasons weren't given for Youngman leaving the table, but according to a report in Autoweek.nl, "Chinese bureaucracy" was ...
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Report: Saab gets new CAD$497M bid from Youngman 1334772900

Youngman has made another bid for bankrupt Saab, according to new reports. The Chinese automaker has offered to buy what's left of Saab for $497 million Canadian at current conversion rates. The news comes courtesy of Dagens Industri. The newspaper also indicates that's the absolute lowest the ...