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Volvo denies interest in Saab
"Last week, amidst the ongoing financial and production problems Swedish manufacturer Saab is experiencing, local publication De Telegraaf launched a rumor that the other big automaker of the country, Volvo, has been asked by the Swedish government to step in and save Saab. As you know, Volvo is currently owned by Chinese company Geely, one of the most active bidders for Saab as well, back in the days when GM was still looking for a buyer. A possible Volvo-Saab deal would..." Continue Reading →
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