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beijing automotive industry corp

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    Report: China's BAIC gunning to buy Pininfarina
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    BAIC C71EV – Click above for high-res image gallery
    Beijing Automotive Industry Corp, or BAIC, is looking to buy Italian design firm Pininfarina. The Chinese automaker is already working with Pininfarina in collaboration on its upcoming models based on older Saabs. Since mid-2009, ...

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    REUTERS: China's BAIC secures $2.1B line of credit... is it for Saab?
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    Beijing Automotive Industry Corporation (BAIC) could still be in the game for Saab, having secured a $2.93 billion line of credit from the Bank of China. On the other hand, BAIC could just be gearing up for its own home-grown expansion plans, with an eye on ramping up production and putting ...

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    REPORT: Outgoing Saab 9-5 to live on... as Chinese BAIC
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    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 and getting very little in the way of meaningful changes since that time. If, though, you happen to ...

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    German economics minister reportedly says no to Opel buy-back option for GM
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    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 theory goes, GM isn't selling Opel because it feels like it doesn't add value – Opel in fact offers ...

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    Beijing Automotive bids for Opel; Magna still expected to close deal
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    Even though Beijing Automotive (BAIC) tendered a non-binding offer for Opel, the company is said to have no chance of actually acquiring the brand. General Motors is still in talks with Magna and its partners, GAZ and Sberbank, and according to Sberbank CEO German Graf, "The choice has been made ...

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