Thread: GFC 1 - SAAB 0

Now there's a marque with reliability issues!

Mind you they were very innovative before GM took control.

Originally Posted by dm_td5

Now there's a marque with reliability issues!.

Oh realy, 87 and 88 was not so good for them so please tell more?

Originally Posted by dm_td5

Mind you they were very innovative before GM took control.

and after, the only GM clone that made a boring GM platform desirable.

Loved my old '91 900 turbo until a red light runner sealed it's fate....so saab-scania really went belly up in 93 afaik

paul.

REPORT: BAIC paid just $200 million for Saab technology

by Jeremy Korzeniewski (RSS feed) on Dec 24th 2009 at 3:59PM


So, what's a 2009 Saab 9-5 worth to you? A more appropriate question may be, What's the 2009 Saab 9-5 worth to you? What about the previous-generation of the Saab 9-3? Apparently, those two vehicle platforms (plus one more unknown platform) along with "two engine technologies and two transmission systems" were worth about $200 million to Chinese automaker BAIC.

It would seem that BAIC got quite a lot for its relatively small sum of money, as both the older 9-3 and 9-5 are still perfectly serviceable automobiles that should allow the Chinese automaker to vastly increase the quality of its own offerings in short order. BAIC Chairman Xu Heyi reportedly said that "the purchase of Saab's intellectual property can help cut short the development time for Beijing Auto's own-brand passenger vehicles by 4 to 5 years."

Xu went on to describe an ambitious plan to sell 100,000 BAIC-branded cars (no doubt relying heavily on Saab technology) in 2011. To turn that goal into reality, BAIC says it will have a production facility ready by 2011 with enough capacity to build 150,000 vehicles per year.

[Source: Reuters]