A Russian businessman seeking to invest in stalled carmaker Saab won initial approval for the plan on Thursday, raising hopes the Swedish firm can beat a cash crunch threatening its survival. Here is a timeline on events at Sweden's Saab in the last two years: 2009: Jan. 11 - General Motors (GM.N) (GM) says it has been in talks to sell Saab. Jan. 12 - Sweden says it will not take a stake in Saab or give more aid.
General Motors Company (GM) is a global automotive company. Shares of GM traded higher by 0.35% or $0.11/share to $31.89. In the past year, the shares have traded as low as $29.17 and as high as $39.48. On average, 16147700 shares of GM exchange hands on a given day and today's volume is recorded at 5750407.
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