Report: Beijing Auto Hardly a Savior for Saab
Yesterday’s positive news for the Saab faithful has once again been met with the grim reality of the Swedish automaker’s situation. Just 24 hours ago news emerged that China’s Beijing Auto (which...
View ArticleBreaking: GM Sells Old Saab Platform Rights to Chinas Beijing Auto
General Motors has reached an agreement to sell off part of its struggling Saab division to China’s Beijing Auto (BAIC). The deal would see BAIC take control of Saab’s rights assets and tooling assets...
View ArticleChinas BAIC in Bid to Buy Pininfarina
It has styled some of the most memorable cars in history, including scores of Ferraris, but more recently the famed design house Pininfarina, has fallen on hard times. It’s been up for sale for...
View ArticleNew Saab Cars Set to Debut at Beijing Auto Show
Back in 2009, Beijing Auto was able to purchase the rights to several Saab platforms, engines and transmissions. Now that buyout will result in the C70, set to debut at the upcoming Beijing Motor...
View ArticleChinese Automaker Eyes European Brands for Takeover
Beijing Automotive is planning to buy its way into the European automotive market, as the state-owned automaker targets three European manufacturers as potential takeover targets. The Chinese...
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