GM board to meet tomorrow to decide Saab's fate
30 November 2009

BAIC's general manager has admitted the company is still interested in buying Saab.

Beijing Automotive Industry Holding Corp had been a minority partner in the failed takeover planned by Koenigsegg.

Now, asked whether BAIC would consider approaching GM to buy Saab outright or as part of a consortium, its general manager Wang Dazong said: "I would just say, 'stay tuned a little bit.'"

However, GM is understood to be concerned at the prospect of handing its intellectual property rights over to a rival car maker - a problem which undermined BAIC's interest in Opel/Vauxhall earlier this year.

Regardless, Wang underlined BAIC's determination to become a global car maker.

"For us, I don't see a need to buy a plant. I don't see a need to buy a building. I don't see a need to buy a robot. So what's left? You figure it out," he said.

"I cannot control GM's timetable. I would just say we are very dynamic and impatient people. We want to do things fast."

Asked what he liked about Saab, Wang said: "Saab, as I said before, has a pretty good brand. It has global recognition and a good history. From my dealing with them, it has pretty good people and a pretty good technology depth as well."

GM's board is due to meet tomorrow (Tuesday) to decide whether to seek a new buyer or put Saab into liquidation.

Twitter - follow all the latest Saab reviews, news and video

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Kia Stonic
    First Drive
    18 October 2017
    Handsome entrant into the bulging small crossover market has a strong engine and agile handling, but isn’t as comfortable or complete as rivals
  • Hyundai Kona
    First Drive
    18 October 2017
    Hyundai's funky-looking Kona crossover with a peppy three-cylinder engine makes all the right noises for the car to be a success in a crowded segment
  • Citroën C3 Aircross
    First Drive
    17 October 2017
    The Citroen C3 Aircross has got funky looks and a charming interior, but it's another small SUV, and another dynamic miss. Numb steering is just one thing keeping it from class best
  • Skoda-Karoq 2.0 TDI 4x4
    First Drive
    16 October 2017
    Diesel version of Skoda’s junior SUV is unobtrusive and undemanding, but we’d still go for the silkier petrol version of the Karoq
  • Audi Q7 e-tron
    First Drive
    16 October 2017
    Expensive and flawed but this understated diesel-electric Audi Q7 has a lot to offer