DETROIT, Nov. 24 (UPI) -- General Motors Co. said Tuesday a Swedish buyer lined up to purchase Saab Automobiles had backed out of the deal.
STOCKHOLM, Sweden, Sept. 8 (UPI) -- Swedish investors vying to purchase Saab Automobile from General Motors Co. may have help from a Chinese auto producer, a report in Sweden said.
STOCKHOLM, Sweden, Sept. 2 (UPI) -- Swedish investors aiming to buy automaker Saab from General Motors Co. have funds to complete the purchase, a source close to the deal said.
STOCKHOLM, Sweden, June 17 (UPI) -- Creditors in Sweden voted to accept 25 cents on the dollar for their Saab Automobile debt, vastly improving the bankrupt company's chances of being sold.
SEOUL, Sept. 13 (UPI) -- A two-week strike against South Korean carmaker Kia has ended after workers got a 6.9-percent pay hike.