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beijing automotive

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    Report: Beijing Auto out to acquire 'mid to high-end' US or Euro brand

    The growing Chinese market is pushing some of the country's domestic automakers to look outside the People's Republic as a means of gaining prominence and influence across the globe. This has certainly been the case with Volvo, which was snapped up by Geely. More recent examples include Dongfeng ...

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    Report: Daimler buying 12% stake in Beijing Auto

    Daimler and Beijing Automotive are officially going steady, with the German company set to take a 12-percent stake in the Chinese brand tomorrow. The two are already tied up in a Mercedes engine plant in Beijing, of which BAIC will increase its stake in, from 50 to 51 percent. Daimler will also ...

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    Report: Beijing Auto investigating three European automakers for possible takeover

    Beijing Automotive Group has said it plans to sell 400,000 units in markets outside of China by 2020. In order to accomplish this goal, the company intends to acquire a "medium-sized" European automaker with a good brand image for a takeover. Right now, Bloomberg indicates that BAIC has ...

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    REPORT: GM could sell some Saab assets to Chinese; brand has through year's end to find buyer

    General Motors' Saab brand has been given a one month stay of execution as the Detroit, MI-based automaker has announced that it will hold off on a decision regarding the brand's fate until the end of the year. GM's apparent non-decision comes just one week after it announced that Swedish ...

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    REPORT: Saab still has at least two interested parties - BAIC and Merbanco

    2010 Saab 9-5 – Click above for high-res image gallery
    When Koenigsegg pulled out of its agreement with General Motors to purchase Saab, many thought that General Motors would dump the Swedish automaker much like it did the Saturn brand. But it appears that The General is still willing to ...

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

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

    2010 Saab 9-5 - Click above for a high-res image gallery
    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 for Opel -- has grabbed a share of the ...

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

    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

    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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    Marchionne confirms Fiat still interested in Opel

    Fiat CEO Sergio Marchionne, watching the travails of GM, Opel and Magna from his comfy Italian perch, has sent word that his previous offer for Opel is still on the table if anyone is interested. That offer, though, can't be sweetened because he doesn't "believe we could improve Fiat's offer. It's ...

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    Beijing 2008: From Jeep clones to this? Beijing 700R concept

    It turns out that the Geely GT didn't corner the market on coupe concepts at Auto China 2008. Beijing Automotive -- whose Wrangler-style B40 you saw earlier -- is also on the case with its 700R coupe concept, a clean and attractive design with some interesting details. An accent line angles upward, ...

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    Beijing 2008: Land Wrangler? It's the Beijing B40!

    Click above for high-res gallery of the Beijing B40The basic Jeep shape has essentially carried forward from World War II to the present day. It has also been replicated many times over by automakers scattered around the world, and variations on the theme continue to appear. The Chinese auto ...


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