Tuesday, December 1, 2009

Buyers still interested in bankrupt Saab

General Motors' Swedish car brand Saab is still eliciting interest from bidders, after the deal with Koenigsegg fell through. China's Beijing Automotive Industry Holdings (BAIC) which was to get a minority stake in Saab under the earlier deal, is now said to be interested in buying the company. It is not yet clear whether BAIC will do this on its own or as part of a consortium. BAIC's Wang Dazong said that he thought Saab was a 'pretty good brand' with global recognition and a good history. "It has pretty good people and a pretty good technology depth", he said.
Read Full Story »

No comments:

Post a Comment