Chinese Automotive Companies Express Interest In Saab?

Posted on 04. Mar, 2009 by in 2000-2009

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According to multiple news sources, from Forbes, to Reuters, Detroit Free press as well as Sweden’s The Local, apparently a number of potential buyers of Saab are Chinese automotive companies.

The two companies mentioned, are Geely Automobile in Shanghai and Dongfeng Motor Group. I wonder if they are also two out of the 7 or 8 potential companies interested in buying Saab Automobile AB at this time?

The first time we heard that Saab Automobile AB could be sold to a Chinese Automotive company, was back in 2005, when this road to independence began, where there were rumors of being sold to Shanghai Automotive Industry Corporation (SAIC) according to SVT.

Dongfeng, is interesting however because they have partnered with Peugeot/Citroen as well as KIA in China. Furthermore, Dongfeng is 51% owner of Nissan! Perhaps we’re seeing a connection here?

In the meantime, I have contacted, Geely Automobile, Dongfeng Motor Group and Shanghai Automotive Industry Corporation (SAIC) as well as Nissan Corporation, to see what they have to say here on Saab History about this.

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No Responses to “Chinese Automotive Companies Express Interest In Saab?”

  1. peter

    04. Mar, 2009

    Dongfeng has manufacturing joint ventures in China with Peugeot, Citroen, Nissan, Honda, Nissan Diesel, Kia, and others.

    They may have a 51% share of a Chinese Nissan joint venture factory producing a few models under license, but they don’t own 51% of Nissan.

    Nissan is controlled by Renault, who own around 45% of the shares following the rescue of a financially embarassed Nissan 10 years ago.

    Peter

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  2. Sandra

    08. Mar, 2009

    I am very sad to read that! I hope Chinese will NEVER have enough money to buy!!!!!
    I was drivig a 9000CSE Anniversary (1998) and was wery happy with it!
    Than 1 year ago I bougth a 9-5 2,5T made from GM ,and THAT WAS A BIG ERROR!
    GM destroyed SAAB! What will do China to SAAB?
    People who know saab will NEVER buy one build in China! Chinese kopy everything, cheap materials, no resistance and durability. It is all the opposite from what SAAB made in Sweden was!!!! SAAB will be Schwedish or will be nothing.
    Sold to chinese saab will be no SAAB anymore, in that case SAAB should not let those cars be named SAAB!
    And by the way: communism never did something right, only destroying!

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