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Buyers line up for Swedish car firms


Buyers line up for Swedish car firms


General Motors is reportedly talking to Chinese car maker Beijing Automotive about selling some Saab assets including tooling and technology.

A sale would clear the way for a liquidation of other Saab assets and could threaten more than 3,000 jobs in Sweden. And it has been revealed that a mostly Swedish consortium is to make a cash bid for Volvo cars. Ford – which is selling Volvo – has China’s Geely as its preferred bidder.

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