Tuesday, May 3, 2011

Chinese get a Saab

For the under-financed car maker Saab is now using comes from China. Owner Sypker Cars has announced a strategic partnership with Hawtai engine. Medium term, the relatively unknown Chinese manufacturers to invest 120 million euros to the Swedish brand. But the Chinese are receiving up to 29.9 per cent stake in Spyker.

Hawtai existed for ten years. The company began as a joint venture first with the production of the two models Hyundai Terracan and Santa Fe. Recently, complement our own limousines B 11 and B 21 and the SUV Bolig the model range, the radiator grille to Bentley recalls. The annual production in two factories in Rongcheng and Erdos is currently around 200 000 vehicles and 300 000 to engines and transmissions.

(Ampnet / jri)

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