03.05.2011
Chinese Capital saved the Swedish automaker Saab, in danger of closing , said today in Beijing the owners of the company, Spyker Cars, and signature Hawtai China.
Both companies will form a strategic alliance "medium term" with a contribution of 120 million euros (177 million dollars) by the Chinese.
order to resume production was suspended for weeks for lack of funds, Saab will receive a credit 30 million euros.
carmaker Volvo, Swedish and also slightly larger, and last year belonged to the Chinese firm Geely.
chief Spyker, the Dutch Victor Muller said: "After several weeks of bad news" there is finally a solution for Saab.
Hawtai is a relatively small company that produces about 200,000 new cars a year in China. The traditional Swedish firm has worked for nearly 20 years almost always a loss. Last year produced 32,000 vehicles. Dpa
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