REPORT: BAIC/Koenigsegg may produce Saab 9-5 in China
Filed under: China , Government/Legal , Plants/Manufacturing , Saab Beijing Automotive Industry Holding Co. (BAIC), announced as a minority partner in Koenigsegg’s deal to purchase Saab from General Motors two months ago, plans to produce the Saab 9-5 on Chinese soil next year. The involvement of BAIC in the Saab transaction helps Koenigsegg close the deal and gives the Chinese company leverage to re-badge the previous-generation Saab 9-5 as its own or to simply expand the brand’s existing reach within the country. In September, …
Read the whole story at :
Autoblog
Topics: partnership, baicsaab, inventory, china