Geely vehemently denies interest in Saab automobileSunday, 09 October 2011
All our writings and speculations about Geely’s interest in Saab automobile seem to have come to clarity today. Reports hold that Geely, the Chinese company which owns Volvo, has made it vehemently clear that it has no interest in taking over Saab automobile.
This emphasis was made by Geely PR Manager, Yang Xueliang, according to industry body, Automotive News; China reports various Swedish media houses on Sunday night.
Yang is reported to have written about the issue on his blog on a Beijing-based website, but admits that the Swedish authorities especially he the apparent administrator of Saab, Guy Lofalk, has been in contact with the company.
According to Yang, the meeting which Guy Lofalk had with Geely was mostly out of politeness, not because they ere intested.
By Scancomark.se Team
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