It’s been confirmed that Chinese car maker BAIC has bought Saab’s tooling and tech for the old 905 and 9-3. That’s the old Saab 9-5, not the latest 2010 Saab 9-5, just in case you thought GM had gone slightly mad. We reported back at the beginning of October that Saab’s owners GM had done a deal […]
Saab – New bidders surface
With the Koenigsegg deal to buy Saab dead there appear to be two potential suitors for the ailing Swedish car maker – Chinese BAIC and US Merbanco. With the sorry end to Koenigesgg buying Saab this week it was starting to look as if Saab may go the way of GM’s other brand that failed […]
Koenigsegg pulls out of Saab deal
In a surprising move, GM and Koenigsegg have both issued statements revealing that the sale of Saab by GM to Koenigsegg has been called off. Well, knock me down with a feather. We were sure this was one deal that was going to be done – Koenigessg buying Saab, that is – but in a […]
Saab heads for China
Saab has big hopes for sales in China with the help of their investment partner Beijing Automotive Industry Holding Co (BAIC). Saab has to make a move to mop up new sales wherever it can as it moves under the ownership of Koenigsegg. Its sales have been pretty poor over the last few years and […]