baic


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 ... Read more →

REPORT: Major obstacle cleared as Swedish government to guarantee $615M EIB loan for Saab Jonathon Ramsey

A major hurdle in Saab's transfer to the homegrown hands of Sweden's Koenigsegg has been surmounted: the Swedish government has agreed to guarantee a 4.3 billion kroner ($615M U.S.) loan from the ...

REPORT: Outgoing Saab 9-5 to live on... as Chinese BAIC Jeremy Korzeniewski

If Billy Joel is right that only the good die young, the outgoing Saab 9-5 has been very, very bad. In automotive terms, the 9-5 is positively ancient, having first seen the light of day in 1997 ...

REPORT: China's Beijing Automotive takes minority stake in Saab Jonathon Ramsey

It had been reported that SAIC had quietly taken a stake in Saab in conjunction with the Koenigsegg Group. However, it's been confirmed that Beijing Automotive -- which also recently made a play ...

German economics minister reportedly says no to Opel buy-back option for GM Sam Abuelsamid

One of the many clauses that General Motors is reportedly trying negotiate into any deal involving majority control of Opel is the option to eventually buy back the stake it is selling. As the ...






Autoblog Podcast #155: 'Twas the night before LA...

Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.

 
 

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