Saab set for production in just eight weeks

The ink may still not be dry on the $142 million deal between Saab and Chinese automotive firms Pang Da and Youngman Lotus that sees 100% of the Swedish manufacturer now under Chinese control, but Saab is already bullish about its future.

The Swedish firm believe it could have its plant ready for production in just eight weeks, despite outstanding bills to settle after production stopped back in March due to parts suppliers not receiving cash they were owed.