Photo: Björn Larsson Rosvall/Scanpix.

Saab a done deal - Press conference at 1PM

A deal has been reached to take over the bankrupt assets of the Swedish based car company Saab. The identity of the buyer will be revealed at a press conference at 1pm today.

Swedish Radio P4 West says that electric car manufacturer "National Electric Vehicle Sweden" is the buyer, although the Chinese company has so far refused to comment.

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