STOCKHOLM — In a final attempt to rescue Saab Automobile AB, Dutch automaker Spyker Cars yesterday submitted a new offer to buy the Swedish brand from General Motors Co.

Spyker said it has submitted a new proposal to GM, addressing the issues that made earlier talks collapse. GM on Friday said it would wind down Saab because issues arose during the sales talks with Spyker that could not be resolved, and the window of time to complete a deal was small.

HYUNDAI TO MANUFACTURE TRUCKS IN CHINA

SEOUL, South Korea — Hyundai Motor Co. said yesterday it has agreed to launch a $400 million truck manufacturing venture in China with a local partner as it seeks further inroads in the world's biggest auto market.

Hyundai Motor, South Korea's largest automaker, said it signed an initial agreement with Chinese commercial vehicle manufacturer Baotou Bei Ben Heavy-Duty Truck Co. and has set a sales target of 100,000 heavy duty trucks in China by 2014.

CITADEL BROADCASTING FILES FOR BANKRUPTCY

NEW YORK — Citadel Broadcasting Corp., the owner of radio stations in cities including New York and Chicago, filed for U.S. bankruptcy protection in Manhattan with a deal to shed $1.4 billion of debt.

The broadcasting giant listed assets of $1.4 billion and debt of $2.5 billion in its Chapter 11 filing yesterday in U.S. Bankruptcy Court. Citadel will operate as usual in bankruptcy, funded by $36 million in cash on hand under a deal with secured lenders.

CHANNEL TUNNEL RAIL CLOSED INDEFINITELY

LONDON — The only rail link between Britain and France was closed indefinitely yesterday as Eurostar investigated a series of train breakdowns that trapped thousands of people in the Channel Tunnel for hours.

The stoppage meant that about 31,000 people in Britain, France and Belgium had to cancel trips planned on Eurostar on Saturday, and 26,000 more were expected to be affected yesterday.

FIRE DISRUPTS SHOPPERS AT NYC MACY'S

NEW YORK — Hundreds of shoppers were evacuated from the flagship Macy's store at Herald Square yesterday after a fire in an escalator spread smoke through the building. No injuries were reported. The fire occurred in an escalator between the third and fourth floors, said a Macy's spokeswoman. The fire was reported at 4 p.m. on one of the busiest shopping days of the year.

A police officer announced to prospective customers after 5 p.m. that Macy's had closed. It reopened within an hour and will remain open until midnight, the spokeswoman said.