May
11th
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Last week, Saab signed a deal with Chinese firm Hawtai Motor Group to extricate itself from a financial mess and restart vehicle production. Victor Muller, president and CEO of Saab, said a Chinese manufacturer could be selling its products in the US and Europe for as little as $10,000 in 2 to 3 years, by way of a network of distributors such as Saab's.