Saab's Chinese owner partners with Koenigsegg, purchases 20-percent stake in supercar maker

NEVS 9-3 concept, 2017 CES AsiaChina's NEVS purchased the remnants of Saab years ago, and now the company has taken a stake in another Swedish automaker. NEVS announced it has purchased a 20-percent stake in Koenigsegg and partnered to create a new joint venture between the two companies. In the Tuesday announcement, the Chinese automaker said it provided a capital injection of...

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