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.
- 60-Second News for July 22: Typhoon Rammasun
- Market Reforms, Fight against Corruption Go Hand in Hand, Expert Says
- What Li Keqiang Asks in Meetings with Economists
- Increased Oil Imports 'Spur Rise in Shipping Costs, Plans to Build More Ships'
- Graft Fight Will Take Years, U.S. Expert Says, but China Is Heading in Right Direction
- Helicopter Crash
- Yunnan Mudslide
- The Week in Photos: July 12- 18
- Meat Supplier Puts McDonald's, KFC in Food Safety Spotlight Again
- Graphics: Dangerous Airspace
- Sign up to receive our free daily newsletter
- CCTV Financial News Anchor Rui Chenggang Is Detained
- Gov't Selects Six SOEs for New Round of Pilot Reforms
- Qingdao Port Warehouse Receipts Forged with Phony Seals, Says Source
- Getting a Healthy Interest in Medical Tourism
- Alibaba Has Big Hopes for New Big Data Processing Service
- Why Congress Should Pass the EB-5 Regional Center Extension Act
- The Lost Soldier of Myitkyina
- Graphics: What Does US$ 100 Mean to Expatriates Around the World?
- Beijing Monorail Plan Earns Ire Among Residents
- WH Group Hits out Against 'Defamatory' Accusations