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Saab

Consultations in Washington

Published onsdag 1 april 2009 kl 10.28
Maud Olofsson at the Saab factory in February

Swedish Minister for Enterprise Maud Olofsson is in Washington for talks with Obama administration officials about the future of the Saab auto company.

Saab is Swedish-based, but wholly owned by General Motors. GM has announced it is looking for a new buyer for Saab as part of its efforts to reach viability. On Monday President Obama gave GM a 60 day deadline to come up with more aggressive restructuring plans.

Speaking with Swedish Radio News Maud Olofsson says there has to be a new owner for Saab within those 60 days. She says she is telling the Obama administration that they should support and not interfere with GM’s efforts to find a buyer. (gw)

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