Saab Designs and Facilities Sold to Chinese and Japanese Investors, But Not the Brand (Yet)

William Shakespeare opined that a rose by any other name would smell as sweet, but what about an outdated European car? A group of Chinese and Japanese investors says it has purchased some of the remains of Saab, including the production facilities and the intellectual-property rights for the old 9-3 sedan and embryonic Phoenix vehicle platform. What it hasn't acquired—yet—are the rights to the Saab brand name and logo. (The deal also doesn't include the purchase of Saab Automobile Parts AB, a freestanding company that isn't part of the bankruptcy proceedings.) Read full story » from Car and Driver Blog http://blog.caranddriver.com

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