Shanghai, November 25 (Gasgoo.com) Beijing Automotive Industry Holding Corp (BAIC) said today that it will "cautiously re-evaluate" General Motors' Saab brand deal after co-bidder Swedish automaker Koennigsegg pulled out of talks to buy Saab, Dow Jones reported.
* Saab future up in the air after sale talks collapse * GM to show revamp plans to Opel labour leaders * GM Europe's Reilly says Ruesselheim site is key * Opel denies media report...
STOCKHOLM, Nov 25 - The future of Sweden's Saab Automobile looks bleak after tiny luxury car maker Koenigsegg, backed by China's BAIC, pulled out of a deal to buy the loss-making firm from General Motors....
Nov 25 - A deal for U.S. carmaker General Motors (GM) to sell its struggling Swedish unit Saab has collapsed. Following are key events in Saab's history: 1946 - Svenska Aeroplan Aktiebolaget (SAAB), founded in...
* $612 mln loan is key to Koenigsegg acquisition plans * Questions whether some projects fit EIB lending rules * Concerns remain over Koenigsegg's ability to buy Saab STOCKHOLM, Sept 29 - Ailing Swedish car...
Swedish luxury car maker Koenigsegg Group could pull out of its planned purchase of Saab Automobile from General Motors unless steps to secure loans are in place by Wednesday, a part owner told the Dagens Industri newspaper Saturday. Agencies
Shanghai, September 24 (Gasgoo.com) Beijing Automotive Industry Holding Co. (BAIC) is mulling local production of Saab brand cars in China, media reported yesterday, citing an insider of the company.
Saab Seaeye, a UK-based manufacturer of electric powered ROV (remotely operated vehicles) systems, has launched two innovative developments in ROV technology at the recently held Offshore Europe, an oil and gas exhibition.
It has been confirmed that Beijing Automotive Industry Holding -- which recently failed in its bid for Opel -- has grabbed a share of Saab Automobile from General Motors Corp.
Swedish sports car maker Koenigsegg said Wednesday it has teamed up with Beijing Automotive Industry Holding Co Ltd (BAIC) to buy Saab from General Motors. As part of a memorandum of understanding between the two parties, BAIC would become a minority owner in Koenigsegg Group, running short of $4...