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Renault May Acquire Saturn; Chinese Firm Bids for Saab

GM courts foreign buyers in fire sale

By Nick McMaster,  Newser Staff

Posted May 6, 2009 1:07 PM CDT

(Newser) – Renault is in talks with General Motors about acquiring its Saturn brand, the Wall Street Journal reports. Demonstrating the considerable foreign interest in GM divisions, China’s Geely Automobile Holdings has submitted a bid for Saab. GM is looking to cut unprofitable units ahead of...   Read full story »

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