Volvo is reportedly interesting in getting out its checkbook in search of a production parts bargain over at Saab. No, the 9-5 likely won't be wearing a Volvo badge any time soon, but the tooling that helped build parts for the big sedan could one day be in a Volvo factory.

SaabsUnited quotes an unnamed source who states that Volvo is interested in purchasing tooling from the Saab bankruptcy estate. The source reiterated that Volvo isn't interested in any production at the Trollhättan factory, adding that the purchased parts would likely travel to China for use by Volvo owner Geely.

While we're putting this story in the rumormill for now, purchasing expensive tooling at a fire-sale discount sounds like a potentially brilliant idea for Geely and Volvo. Volvo could soon begin building vehicles in China to expand its presence in the emerging market, and it always helps to get such a project off the ground with some high-quality parts that obviously haven't been used much lately.


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  • 14 Comments
      Avinash Machado
      • 2 Years Ago
      Hope BMW will buy Saab.
        kevsflanagan
        • 2 Years Ago
        @Avinash Machado
        If BMW did it would help them a lot and I know it sounds strange even typing this. BMW for the last few years have flirted with the idea of a fwd platform. Buying Saab would enable them to have a fwd platform from the onset and help have a sub brand where buyers could build up from to a BMW. Much like Toyota is to Lexus if you will. Plus having BMW quality would be much nicer than old GM quality.
      getrickyj
      • 2 Years Ago
      Just sad to see the 9-5 go to waste. One of the most beautiful cars available right now in my opinion...
      fat
      • 2 Years Ago
      The Chinese is needed to provide a counterbalance to the Germans. Therefore, Saab should go to Geely.
      fat
      • 2 Years Ago
      Volvo should grab a controlling stake in Saab like Hyundai did with Kia.
      BMW ROCKS!
      • 2 Years Ago
      that's what would've happened to GM and Chrysler if Obama didn't bail out Detroit.
      Walter Losey
      • 2 Years Ago
      everyone wants to buy Saab, but GM owned all or part of it since 1990 and it made money only like 4 years out of 19 years.
      the.nope
      • 2 Years Ago
      I dont mean to be rude or ignorant but why are so many people trying to buy saab?? I mean there is supposedly 7 hopeful buyers, BMW and now Volvo are probably the front 2, why are they so attractive to be bought out? Maybe it was GM but the all started to look the same and they never really had a grip on the market. Not saying they are bad cars but it just seems the public didnt have much interest in them, i guess.
        Mike Tramontano
        • 2 Years Ago
        @the.nope
        these buyers aren't necessarily interested in reviving the brand. they'd be picking and choosing things like factory tooling parts, real estate, technology/intellectual property, etc. at "firesale" prices. kinda like vultures to a carcass
          the.nope
          • 2 Years Ago
          @Mike Tramontano
          I didnt think about that, but that makes way more sense then restarting the brand. ty
      Frank Wulfers
      • 2 Years Ago
      Sveriges Radio is the "unnamed source": “It's up to the bankruptcy administrators to comment on the bidding,” Volvo spokesperson Per-Åke Fröberg told SR. He confirmed that Volvo remains interested in some of Saab's manufacturing and testing equipment which could be used in Volvo's own operations rather than for restarting production at the Saab factory in Trollhättan in western Sweden. http://www.thelocal.se/39290/20120223/
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