A third and final issue, Saab Automobiles have been posting horrific financial numbers overall. Announced at the beginning of this month, Saab recorded an operating loss of 201.5 million euros (over 280 million dollars US). Facing difficulty paying part suppliers and the carmaker's employees, Saab Automobile worked to broker deals with Chinese automotive partners for increased funding. Deals that will grant Saab access to the pivotal market in China, Pang Da Lotus Automobile Group and Zhejiang Youngman Passenger Car Group have signed agreements with the beleaguered Swedish automaker. Agreeing to buy into Saab's parent Spyker Car for a collective investment of 245 million euros (over 345 million dollars US), the deal will also provide Saab Automobile a short-term loan from the Swedish government. While the deal is signed, government approval is required for the partnership to be finalized.