A group led by a Chinese energy company and a Japanese venture-capital firm has placed a bid for bankrupt Swedish carmaker Saab, a spokesman for the investing team said.

The two main parties in the group are Sun Investment, a Japanese firm that specializes in high-tech environmental projects, and National Modern Energy Holdings Ltd., which has roots in Hong Kong and builds and owns power plants.

"We have placed a bid, and we want to buy Saab and build cars," Mattias Bergman, a spokesman for the group, said today. "We're interested in what Saab's brand stands for, the innovation and competence in the company, and the production facility that's world class."


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Chinese Energy Company and Venture Capital Firm Place Bid For Saab

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