STOCKHOLM (AP) -- A news report says General Motors Corp. and its unit Saab Automobile have agreed to swap technology for at least five years in an effort to make the loss-making Swedish brand more attractive to buyers.
Saab's finance director, Lars Hagerborg, has told financial daily Dagens Industri that the Swedish car maker will be able to use GM's platform technology in exchange for Saab's safety, chassis and engine technology.
Messages have been left Wednesday seeking comment from Saab.
Last month, Saab went into bankruptcy protection in a court-managed reconstruction process that aims to disentangle the brand from its cash-strapped U.S. owner.