REPORT: BAIC/Koenigsegg may produce Saab 9-5 in China



Beijing Automotive Industry Holding Co. (BAIC), announced as a minority partner in Koenigsegg's deal to purchase Saab from General Motors two months ago, plans to produce the Saab 9-5 on Chinese soil next year. The involvement of BAIC in the Saab transaction helps Koenigsegg close the deal and gives the Chinese company leverage to re-badge the previous-generation Saab 9-5 as its own or to simply expand the brand's existing reach within the country.

In September, Saab CEO Jan-Ake Jonsson told reporters he wanted to double the number of Chinese Saab dealers from 15 to 30, and that he had an interest in local Chinese production. "Beijing Auto is an opportunity for us to establish ourselves in the Chinese market with their experience," the CEO said. Under current plans, Saab imports all cars to China, where they're sold under the Shanghai General Motors network. Sales have been slow, but promoting the brand under the watchful eye of BAIC may help the brand gain traction in China's huge automotive market.

[Source: Gasgoo]

Reader Comments (Page 1 of 1)








Autoblog Podcast #169: Wagons and SuperDuty and NASCAR, Oh My!

Chris Shunk, Alex Nunez, Sam Abuelsamid and Dan Roth talk about the Cadillac CTS-V SportWagon, Acura TSX Wagon, Honda CR-Z, Ford SuperDuty, and NASCAR carnage - plus the usual tangents
 

 
 

Subscribe via: iTunes | RSS


Featured Galleries

  • 2011 GMC Sierra Denali HD
  • Next-gen Dodge Charger: Spy Shots
  • 2011 Nissan NV2500 HD
  • The Art of Scott Wade
  • Toyota-Exponent pedal rewiring
  • Koenigsegg Agera
  • Geneva 2010: 2011 Alfa Romeo Giulietta
  • Geneva 2010: Bugatti Grand Sport in Carbon Fiber
  • Geneva 2010: Honda 3R-C
  • Geneva 2010: Pagani Zonda Tricolore
  • Geneva 2010: Peugeot SR1 Concept
  • Geneva 2010: Audi A1 e-tron

AOL Autos

Find Your Next Car

Autoblog Video


Our Writers

John Neff

Editor-in-Chief

RSS Feed

Damon Lavrinc

Senior Editor

RSS Feed

Chris Paukert

Executive Editor

RSS Feed

Alex Nunez

Weekend Editor

RSS Feed

View more Writers



Autoblog Green

BloggingStocks

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum