According to The Detroit News, Chinese automaker Great Wall has made it clear that the company has not been in talks with Saab over a potential partnership. After word trickled down that a $233-million deal between the Swedish automaker's parent company, Spyker, and Hawtai Motor Group imploded, rumors of various other Chinese suitors have cropped up in a serious fashion.

Spyker said that Hawtai was forced to back out of the arrangement due to the company's inability to obtain proper government consent, while Hawtai denied those claims. Instead, the Chinese automaker said that claim in a statement by saying that the true issues were commercial and economic realities.

Meanwhile, both BAIC and China Youngman Automobile Group have said that they aren't in negotiations with either Spyker or Saab at this time. The Detroit News reports that BAIC recently bought the rights to some Saab technology, though the automaker said that no further discussions had been made about the future of the relationship between the two organizations.


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    • 1 Second Ago
  • 11 Comments
      Redline
      • 3 Years Ago
      Volvo is already Chinese owned.
      throwback
      • 3 Years Ago
      The chinese are smart. Just wait a month, then pick up saab for 10 cents on the dollar from bankruptcy.
      drennanjl31
      • 3 Years Ago
      I love my '97 Volvo 850 AND my '03 Saab 9-3!!!! SAVE SAAB
      Brandon
      • 3 Years Ago
      Anybody notice that guy is taping that sign onto the back window of a Volvo S40?.....
      guyverfanboy
      • 3 Years Ago
      I hope Saab can make it through 2011. :(
      HuskerBadger
      • 3 Years Ago
      RIP Saab.
      jbm0866
      • 3 Years Ago
      I guess the Swedes that were whining about their prized posession being owned by an American car company are now longing for the good old days under GM.. The fact is, Saab as we know it is going bye bye no matter which Chinese or Russian company decides they want to take a gamble. Saab was always a niche company trying to be mainstream with their products/pricing, however in this economy that isn't going to work..
      Lamborrari
      • 3 Years Ago
      It's over. After Spyker sells of its own sports car unit and Saab sells off its own real estate (to lease it back, ironically), it seems Muller is so desperate for cash that the balance sheets can't take it anymore. Sales never skyrocketed back like Saab hoped they would. If the Chinese don't want 'em, maybe the Russians do. Either way, expect the brand to go down the gutter like MG-Rover did.
      kevsflanagan
      • 3 Years Ago
      I think Muller and company need to set a mandate that their employee's play the lottery to get funding. Its a shame really since Saab's future to me seems somewhat bright like maybe 40watts worth. Just stinks that GM left it with next to no product, then delayed product, and in terms of the 9-3 no present sucessor. Maybe Subaru will jump in out of nowhere and scoop up Saab? Have Saab be their luxury brand perhaps? I know foolish day dreaming.
      Sean
      • 3 Years Ago
      i'd like to meet the jackass who thought they made "SAVE" the same font as "SAAB".