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Sweden: Saab expects to receive €13m cash this week

Swedish Automobile NV has announced that an unnamed Chinese company has placed an order to purchase 582 Saab vehicles with a total value of €13m (US$18.4m) from Saab Automobile and the full pre-payment is expected to be received this week [commencing 27 June 2011]. This is expected to provide Saab Automobile It’s time to log … Continued

Swedish Automobile NV has announced that an unnamed Chinese company has placed an order to purchase 582 Saab vehicles with a total value of €13m (US$18.4m) from Saab Automobile and the full pre-payment is expected to be received this week [commencing 27 June 2011].

This is expected to provide Saab Automobile

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