No Plan to Move Saab Production to China, Buyer Says

(Beijing) –The buyer of Saab says there are no plans to move production, despite a statement by the Swedish automaker that it will make China its target market after its sale to a Sino-Japanese investment group.

Kai Johan Jiang, chief executive of National Electric Vehicle Sweden (NEVS), which bought Saab, said on June 18 there were no plans to move manufacturing from Trollhattan, Sweden, to China.