Saab owner Swedish Automobile said it has terminated a 245 million euro ($340 million) investment deal with China’s Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co., after the Chinese companies offered to buy Saab instead of sticking to the original deal to invest in its parent company. FunkFlex Find Flex On Google+
Auto Talk: Saab Says Pang Da Investment Is On Track
An investment deal between Saab and potential Chinese investor Pang Da is still on course. Hit the jump to read the rest of the story. Funk Flex
