Against the financial difficulties Saab passed in the last years ,Saab's leadership has great plans for the future.They announce the arrival in the near future of three new models:9-1.9-6 and 9-7.To have enough money Saab made a joint venture with Pang Da and Zhejiang Youngman Lotus.The 9-1 is desired to become an entry model and the 9-6 and the 9-7 will be prestigious luxury cars says Victor Muller Saab's CEO.The Swedish manufacturer will ensure the proper development and design of the following three models and Zhejiang Youngman Lotus will bring the money into the projects.Saab's officials haven't yet the when will the production will start of this joint venture.
Showing posts with label Saab. Show all posts
Showing posts with label Saab. Show all posts
Saab sees the light at the end of the tunnel
The Swedish manufacturer Saab just received a loan worth of 25 million euros from Gemini Investment Fund Limited.Thanks to Gemini's loan the production at the Trollhattan factories will start in two weeks.The last months represented for Saab a continue struggle for survival but now it appears that sun started shining for them to.At the beginning of this week Saab received an order of 582 cars from a Chinese customer.They also expect the approval of a 29,1 million euros loan from the European Bank of Investments.If all goes according to the plan the production will commence once again in two weeks and the Swedish car manufacturer will be able to honor the orders of the Chinese.Saab's CEO says:"I'm pleased to announce you that the salaries on June were paid thanks to the order received Monday"-Vitor Muller.
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