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Reports: BAIC bids for Volvo

Last post Jul 01, 2009 10:10 AM by carup008. 1 replies.

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  • Reports: BAIC bids for Volvo

    Jul 01, 2009 10:09 AM

    Beijing Automotive Industry Holdings (BAIC) has sent a team to Europe in an attempt to buy Volvo, according to reports in China

    Sources close to the state-owned BAIC suggest that the firm is now in talks with Volvo, as well as Opel, but it plans to buy just one of them and not both.

    See all the latest Volvo reviews, news and video

    Talks between GM and BAIC regarding Opel/Vauxhall are said to be ongoing, although no agreements hav...Read the full article
    • carup008
    • Joined Jan 14, 2008
    • 70 Posts
    • Status: Offline

    Re: Reports: BAIC bids for Volvo

    Jul 01, 2009 10:10 AM

    But hasn' t Opel already been sold to Magna?
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