The Swedish Wire Trollhättan, a town of 55,000 in southwestern Sweden, and the Västra Götaland county will be supported with 542 million kronor ($75 million) as Saab's parent General Motor winds down its loss-making Swedish auto brand, the Swedish government announced Monday after emergency talks on the future of the region.
The money will be earmarked for new innovations, education and labour market measure.
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