Filed under: China, Europe, Plants/Manufacturing, Saab
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Saab finally has some good news to share with the world. The Swedish automaker has announced that it has inked formal, legally binding deals with both [Pang Da](http://www.autoblog.com/tag/pang da) and Youngman. The only thing standing in the way of both agreements right now is approval by a host of regulatory bodies and government agencies. Moreover, Saab has also formed a conditional partnership with Youngman Passenger Car that will culminate in a new joint venture to produce three new models. The operation will be 50 percent owned by Saab with Youngman Passenger Car holding the keys to the remaining half.
Until now, the three new models weren’t in Saab’s product plan. The company says that the joint venture will help develop the 9-1, 9-6X and 9-7, though details are scarce at the moment. Comments made by Pang Qingnian, CEO of Youngman, point to the 9-6 and 9-7 as being geared toward the U.S. and Chinese markets while the 9-1 will be adapted more toward global tastes. Hit the jump for the full press blast.Continue reading Saab to build three all-new models with its two new Chinese partners
Saab to build three all-new models with its two new Chinese partners originally appeared on Autoblog on Tue, 05 Jul 2011 09:58:00 EST. Please see our terms for use of feeds.
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