BAIC Visits Saab Factory To See Technology & Engineering

Posted on 24. Sep, 2009 by in 2000-2009

Trollhattan’s TTELA indicates that BAIC‘s CEO, Wang Dazong has visited the Saab Factory this week to see the technology and the engineering.

During this visit, Dazong has indicated that his company wants something in return for their investment stake with Koenigsegg Group. This “something in return”, now appears to be technology, engineering and intellectual property rights.

So the question here is how will this interest in Saab technology & engineering differ from the program that Saab had with GM? Why can’t BAIC just get a tiny fraction of all car sales in return for their financial support?

Below is the TTELA report loosely translated from Google Translate.

BAIC examines Saab Technology
Trollhättan Employees from China Beijing Auto has been at Saab in Trollhattan in once a week. On Thursday was CEO there.
Purpose: See if there is technology to buy the company’s manufacturing operations in China.

– They are so far very pleased with what they’ve seen, “says Kjell ac Bergstrom, CEO of Saab’s subsidiary Powertrain Sweden, to TT.

Beijing Automotive Industry, which shortened BAIC, the Chinese company to invest money, probably billions, of Koenigsegg Group is to buy the Saab Automobile from General Motors.

The company has promised a minority stake in Koenigsegg Group, but to get the letter of intent to mature into a definitive agreement with spices Koenigsegg Saab Technologies.

– BAIC is prepared to invest what is needed, but want to get something in return. They have not gone into this just because it’s fun to support Trollhättan, “says Kjell ac Bergström.

Want to buy everything

He confirms that BAIC, Geely Automobile and Chinese, were among the 20 different stakeholders in the spring, wanted to buy the entire Saab. The first time the company representatives were visiting in April.

This time, BAIC employee looked closely at what makes Powertrain, namely powertrains including engines, but they have also been examined including the production and marketing department.

– Most interested are the intellectual property rights. They want to see what Saab has for technology that can be used in their own production, “says Kjell ac Bergström.

CEO Visit

On the way home from the Motor Show in Frankfurt was CEO Wang Dazong to Trollhattan on Thursday to coordinate how the work goes.

BAIC, which is owned by Beijing Municipality, currently produces primarily vehicles on behalf of established brands as Hyundai and Mercedes. The goal is to grow significantly.

– In order to be able to develop its own brand, the access rights from a manufacturer like Saab, who can sell the licenses, “says Kjell ac Bergström.

GM and Saab are still negotiating about the technology Saab owns. It’s just that the Chinese will see. In addition, Saab has taken a lot of precautions.

– They may not take any photos, nor make any copies, “says Kjell ac Bergström.

He is, like, the management of Saab and Koenigsegg Group, warmly welcoming BAIC.

– The company feels very stable, with a leadership that has experience in Western automotive businesses, “he says.

TT

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No Responses to “BAIC Visits Saab Factory To See Technology & Engineering”

  1. Tom

    24. Sep, 2009

    If you are to believe voices coming out from Trollhättan GM has for years been launching Saab tech in other brands while denying Saab the option to buy components from cheaper/better contractors than GM Europe/Opel, so if Saab can start a tech licensing and possibly some jointly funded ventures and China manufacturing with BAIC it will at least be better than what they had?

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  2. Ryan

    24. Sep, 2009

    Tom,

    That’s good thinking, and yes I think I agree that if it’s better than before, then it’s better for Saab.

    Saab needs autonomy..no more leeches.

    Reply to this comment

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