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    Latest chapter in Saab story now set in Qingdao

    By Han Tianyang | China Daily | Updated: 2013-01-14 05:51

    Another twist in tale of failed global auto brand

    Defunct Swedish carmaker Saab is again in the spotlight following a local newspaper story that its new owner signed an agreement with an investment company in Qingdao to build a plant making both conventional and electric Saab-brand cars in the eastern Chinese city.

    The report from Qingdao said the plan calls for a 10 billion yuan production facility with a designed production capacity of 400,000 vehicles a year.

    Latest chapter in Saab story now set in Qingdao

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