BAIC Wanting A Foothold In The West, Now Turns To Saab
Last week, when we reported on the Koenigsegg Group's failed attempt to purchase Saab from GM, we mentioned that a member of that group -- Beijing Automotive Industry Corporation (BAIC) -- might make its own bid for the troubled Swedish brand. That was an educated guess, based largely on the fact that BAIC also made independent plays for Opel and Volvo. However, our suspicions may have been confirmed during a recent interview with BAIC's general manager, Wang Dazong. Asked about the possibility of BAIC going for Saab on its own, he replied "I would just say, 'stay tuned a little bit'". So maybe the fourth time's the charm.
Like fellow...
Last week, when we reported on the Koenigsegg Group's failed attempt to purchase Saab from GM, we mentioned that a member of that group -- Beijing Automotive Industry Corporation (BAIC) -- might make its own bid for the troubled Swedish brand. That was an educated guess, based largely on the fact that BAIC also made independent plays for Opel and Volvo. However, our suspicions may have been confirmed during a recent interview with BAIC's general manager, Wang Dazong. Asked about the possibility of BAIC going for Saab on its own, he replied "I would just say, 'stay tuned a little bit'". So maybe the fourth time's the charm. Like fellow... Read More
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