8 Dec 2009, 15:00 UTC · By: Daniel Patrascu / The noose is tightening around Saab's neck, as more and more fervent reports hint its current owner, GM, is in advanced talks with China's largest manufacturer, BAIC, for the sale of certa...
4 Dec 2009, 09:37 UTC · By: Bogdan Popa / Just as we told you in the past, BAIC was planning to buy rights for Saab's 9-5 and start production of this particular model in China, a move that could boost the company's local revenues...
2 Dec 2009, 10:52 UTC · By: Bogdan Popa / Dutch sports carmaker Spyker Cars NV is believed to be the latest party interested in taking over the Swedish ailing manufacturer Saab. Spyker and its Russian owner, Converse Bank, have already subm...
26 Nov 2009, 10:54 UTC · By: Bogdan Popa / The end is getting closer for Saab as General Motors might be forced to discontinue the brand unless an interested party is ready to bid for the Swedish brand. And at this point, it seems like killi...
26 Nov 2009, 09:30 UTC · By: Bogdan Popa / Even if Koenigsegg decided to walk away from the Saab deal, the Swedish brand might still live on as parent manufacturer General Motors is still trying to find a bidder for the company. The news cam...
25 Nov 2009, 11:29 UTC · By: Alex Vasile / It is already official that the deal for buying Saab went sower, leaving General Motors with no other alternative but to shut down the brand, especially when Sweden ruled out a state bailout and sai...
23 Nov 2009, 12:06 UTC · By: Daniel Patrascu / The former Ford engineer arrested and accused back in October of stealing trade secrets is now faced with more charges after the investigators announced they have found additional information of Xia...
28 Oct 2009, 09:59 UTC · By: Bogdan Popa / Europe must be some sort of paradise for Chinese car manufacturer who are considering seeking new ways to expand their product offerings and launch cars in the Old Continent. This time SAIC, the wel...
21 Oct 2009, 18:10 UTC · By: Bogdan Popa / Beijing Automotive will complete the company's first electric vehicle this month, a company official revealed hinting that the Chinese manufacturer is about to start production of a zero-emissi...
19 Oct 2009, 10:44 UTC · By: Daniel Patrascu / After late last week the Justice Department announced the arrest of Xiang Dong Yu, former product engineer for Ford, its current employer, Chinese manufacturer BAIC issued a statement on the matter....
2 Oct 2009, 09:23 UTC · By: Bogdan Popa / Chinese manufacturer BAIC is trying a different approach to the Chinese market and aims to buy the rights of building and selling the old Saab 9-5. In a report issued today, autocar.co.uk informed t...
24 Sep 2009, 10:58 UTC · By: Bogdan Popa / It was only a rumor last week but companies involved in the talks recently confirmed that a potential start of production of Saab cars in China is very likely. Still, there are a number of issues to...
9 Sep 2009, 14:31 UTC · By: Bogdan Popa / Koenigsegg Group has just signed a Memorandum of Understanding (MOU) with BAIC that would allow the two companies expand their coverage in both international and Chinese markets. In other words, Koe...
31 Aug 2009, 10:38 UTC · By: Bogdan Popa / Unfortunately for Ford, companies are not so attracted by its popular Swedish brand Volvo that is currently up for sale for any interested party. According to a report issued by the Swedish business...
27 Aug 2009, 10:20 UTC · By: Bogdan Popa / Except the numerous bids submitted for European brands, this is the first major step made by the Chinese carmaker Beijing Automotive (BAIC) towards a long-awaited European expansion. It appears that...
17 Aug 2009, 09:41 UTC · By: Bogdan Popa / Volvo is becoming a more attractive target day by day, with several companies expressing their interest in the majority stake. The latest suitor that might get involved in the bidding process is a g...
7 Aug 2009, 10:52 UTC · By: Bogdan Popa / After the battle for Opel came down to only two companies, RHJ and Magna International, Volvo turned into the most attractive target for many automakers out there who want to purchase the ailing Swe...
5 Aug 2009, 07:49 UTC · By: Bogdan Popa / Following reports that the company is now planning to build a third plant in China to cope with growing demand, Hyundai today denied rumors, saying that no decision has been made until now. However,...
31 Jul 2009, 13:28 UTC · By: Bogdan Popa / BAIC, who has been most recently linked with an Opel takeover proposal, is now interested in purchasing the Swedish ailing manufacturer Volvo. The Chinese manufacturer has already announced it is lo...
28 Jul 2009, 09:33 UTC · By: Bogdan Popa / Even if it failed to convince GM Europe and Germany to hand it over the Opel ownership, BAIC is still seeking for an international partner outside China, a company official said a few days ago. Addi...