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. Last Updated: 07/27/2016

Saab Baltic Deal

STOCKHOLM () -- Saab Automobile said Wednesday it had secured a deal with three distributors in Estonia, Latvia and Lithuania to set up car sales and service.

The company says it believes the three Baltic States have extensive sales potential, but it expects to start modestly with sales of 150 to 200 new cars in the area during the first year.

Saab is jointly owned by Sweden's Investor and General Motors of the United States.