Chinese firm could reopen talks with GM for Saab

Chinese car maker Geely, which is currently the preferred bidder for Volvo, has admitted it has also talked to General Motors about buying Saab.

Geely Auto executive director Lawrence Ang told Automotive News that the "battered" US and European economy had resulted in buying opportunities for the Chinese car maker, and that engines and component suppliers are in the frame.

When asked whether Geely would reopen negotiations with General Motors for Saab, Ang replied, "Who knows?"

Merging Volvo and Saab has often been floated as a way of consolidating the struggling Swedish car industry, but few industry analysts think that merging two such strongly individual businesses would be a feasible move.

Twitter - follow autocar.co.ukSee all the latest Saab reviews, news and video

Join the debate

Comments
1

8 December 2009

Might be efficient but essentially are'nt they really aiming to sell to the same people? Somehow the brands need to be distinguishable.

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Car review
    6 March 2015
    Britain's least-known mid-sized exec gets new fleet credentials
  • First Drive
    6 March 2015
    Ford's Escort nameplate returns on this only-for-China saloon. Does it continue Ford's tradition of building sharp-handling cars?
  • First Drive
    4 March 2015
    CLA looks, bonkers 45 AMG performance, but with added estate practicality. An enticing mix, but is this Shooting Brake worth the extra?
  • First Drive
    4 March 2015
    Savagely rapid, four-wheel-drive diesel version of BMW's four-door coupé could be brilliant, or it could be a niche too far. We drive the 435d xDrive Gran Coupé to find out.
  • First Drive
    4 March 2015
    This is our first opportunity for a UK drive in a manual version of the new Discovery Sport. Does swapping cogs yourself make more sense?