Youngman quits talks to acquire Saab
Source: Xinhua |
May 24, 2012, Thursday
|
Print Edition
Print Edition
CHINESE auto company Youngman has quit the negotiations on purchasing Swedish car maker Saab with its bankruptcy administrators, Swedish newspaper Daily Industry reported yesterday.
According to a source, Saab's bankruptcy administrators were not sure if the bid would be ratified by the Chinese government, and their lack of confidence led to the end of Youngman's interest.
Meanwhile, talks with China's Consortium of Electronic Cars, which aimed to produce more than 100,000 hybrid cars within a year, have become the focus of the bankruptcy administrators, the newspaper said.
The consortium reportedly comprised a battery company and a car firm said to be BAIC which had earlier bought the Saab 9-3 electronic platform.
According to a source, Saab's bankruptcy administrators were not sure if the bid would be ratified by the Chinese government, and their lack of confidence led to the end of Youngman's interest.
Meanwhile, talks with China's Consortium of Electronic Cars, which aimed to produce more than 100,000 hybrid cars within a year, have become the focus of the bankruptcy administrators, the newspaper said.
The consortium reportedly comprised a battery company and a car firm said to be BAIC which had earlier bought the Saab 9-3 electronic platform.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
