Saab discusses new ownership structure
Saab Automobile AB said Wednesday that it is discussing a new ownership structure with its Chinese investors, trying to save plans of selling the cash-starved company after former owner General Motors Co. objected to the deal.
Saab, a unit of General Motors has filed for protection from its creditors after GM announced plans to do away with the brand by 2010 and the Swedish government politely declined to take it over.