Hawtai Motor Group has acquired a 30pc stake in Saab after a €150m (£135m) deal, making it the second Chinese company to invest in a famous Swedish carmaker after Geely’s deal with Volvo. However, while Geely and its charismatic leader Li Shufu have been at the forefront of China’s global automotive expansion, very little is known of Hawtai.
The Telegraph
http://www.telegraph.co.uk/finance/newsbysector/industry/8490995/Saabs-Chinese-rescue-Who-are-Hawtai-Motor-Group.html
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