Saab loses $107 million in Q1, looking for a Chinese partner
Saab is still looking for funding to jump-start production, and the company is reportedly in talks with three Chinese automakers in hopes of finding a partner. Spyker CEO Victor Muller reportedly said in a statement that Saab is looking for alternatives for funding operations, including "discussions with Chinese car manufacturers." Bloomberg reports that a deal could be made with one of the companies within the next few days.
[Source: Automotive News – sub. req.]
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