Saab Auto Said to Near Deal With Chinese Carmakers to Raise Cash

Saab Automobile, the cash-strapped Swedish carmaker owned by Spyker Cars NV, is negotiating an investment and production deal with three Chinese carmakers, which may result in a deal within days, two people with direct knowledge of the matter said.

Saab is in talks with Great Wall Motor Co., China Youngman Automobile Group Co. and Jiangsu Yueda Group Co., said the people, who declined to be identified as the discussions are private. The talks with all three companies are advancing and a deal with one could soon be finalized, the people said.