Negotiations continue in Sweden, which the Saab official confirms. How serious the Chinese mean, you can see from the small developments. In the newly founded Saab Automobile Development AB, Youngman's representatives have joined the board.
Youngman's CEO Pang Qingnian and a representative are now represented there as well as Victor Muller and Martin Larsson of Saab Automobile AB. As announced, the new company will develop three new Saab. The funds come from Youngman, the know-how of Saab.
Nothing new came from our friends in Detroit, let's wait and see what the big brother from USA has to say. The whole development is still hopeful for Saab, with blemishes, because the Chinese are steadily increasing their commitment.
For SWAN but it goes down and down. The stock price has landed today at 22 Cent.