No Plan to Move Saab Production to China, Buyer Says
(Beijing) –The buyer of Saab says there are no plans to move production, despite a statement by the Swedish automaker that it will make China its target market after its sale to a Sino-Japanese investment group.
Kai Johan Jiang, chief executive of National Electric Vehicle Sweden (NEVS), which bought Saab, said on June 18 there were no plans to move manufacturing from Trollhattan, Sweden, to China.
- Mountain Highway
- General Who Led PLA Said to Be Expelled from Party
- Eurozone Debt Rises Again, but Few Care
- Surging Grain Imports Spurring Officials to Rethink Policies
- China's Billion Dollar Question: Why Are Forex Figures Falling?
- A Tripolar Currency Regime Is in the Offing
- Party Official Puts Charges TV Maker's Boss Broke Law Online
- Proposed Law Gives Gov't Too Much Control of Internet, Experts Say
- Testing Times
- Views: Privacy Problem
- Sign up to receive our free daily newsletter
- Investor Angry at Gov't Role in Stock Market Rout in Apparent Suicide (updated)
- Cheers, Fears for China's Next Step Overseas
- Who and What is Chinese?
- Tech Takeoff Lifts Drone Industry to New Heights
- Villain or Hero for Stock Market Saga?
- Hanergy Thin Film Power Removed From Stock Connect Program
- Policy Banks Linked to 'Belt and Road' Plans Said to Get US$ 31 Bln
- Early Caixin Manufacturing PMI for July at 48.2 Points
- Tricky Medical Games for China's Autistic Kids
- The Right Approach to the PPP Model