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Consumer Reports Cars Blog (Free subscription) | 11 hours ago
Koenigsegg, a tiny Swedish manufacturer of $1-million exotic sports cars, announced today that it would not buy Saab from General Motors after all. Many observers had questioned whether the tiny exotic car maker that sells 18 cars a year with a staff of 45 could absorb an almost mainstream production carmaker more than 2,000 times its size. Now it would appear the answer is no. GM expressed disappointment...
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Autoblog (Free subscription) | 14 hours ago
Filed under: Hirings/Firings/Layoffs , Plants/Manufacturing , Saab , Earnings/Financials 2010 Saab 9-5 - Click above for high-res image gallery After riding in on a white horse, Koenigsegg Group AB has pulled out of negotiations to buy Saab from General Motors , leaving the Swedish automaker's future very much in doubt. In a brief statement issued by GM (available after the jump), president and CEO...
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Leftlane (Free subscription) | 11/17/2009
The 2010 Saab 9-5 promises to be one of the best vehicles to roll out of Trollhättan, but the all-new sedan is putting the squeeze on Saab’s current lineup. With Saab retooling for the production start of the 9-5, production of Saab’s current models has slowed to a trickle. Saab dealers across the country now [...]
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Autoblog (Free subscription) | 11/17/2009
Filed under: Car Buying , Plants/Manufacturing , Saab , Earnings/Financials 2010 Saab 9-5 - Click above for high-res image gallery With new vehicle production at a trickle, and its dealer network slashed by a third , retailers of the Saab brand are finding inventory shrinking to drought levels. Some of the remaining dealers may even run out of new vehicles before replacements arrive. Point the blame...
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KickingTires (Free subscription) | 11/13/2009
We just heard that Saab will cull its dealer base in the U.S. because of slow sales. Its new product lineup kicks off with the 2010 9-5 sedan — check out dozens of pictures of it below — and the...
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Autoblog (Free subscription) | 11/13/2009
Filed under: Government/Legal , GM , Saab 2010 Saab 9-5 - Click above for high-res image gallery According to Automotive News , Federal Express letters arrived at 81 of Saab's 218 dealers on Thursday stating that their franchises had not been selected to move forward and become a dealer for the post-sale entity, Saab Cars North America. The package from General Motors said that Swedish supercar maker...
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TechRadar (Free subscription) | 11/12/2009
Modern mobile phones can do all kinds of things - including adding to the unemployment queues. When you install an app you're not just getting something that will make your life easier; you're contributing to the ultimate destruction of entire industries. Well, unless you're installing iFart, anyway. There were two excellent examples this week. First, the car price guide Parker's launched a rather...
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eurocarblog (Free subscription) | 11/11/2009
The previous Saab 9-5 will be constructed in China by Beijing Auto (BAIC), which will start assembly operations in the next six months of the old sedan model. The project has come about after BAIC[...]
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Jalopnik (Free subscription) | 11/10/2009
GM's large international operation and the popularity of Buick in China leads to some strange intercontinental platform sharing. We untangle part of the mess below. Currently, Buick is selling the Daewoo Lacetti-based Buick Excelle in China. Yes, this is the same car the Suzuki Forenza was based on. But this is getting replaced! Not by a Daewoo product, but rather by the Buick Ying Lang , which is...
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Leftlane (Free subscription) | 11/09/2009
Last month, we reported that Beijing Automotive Industry Holding Corporation was planning to buy the tooling and rights to assemble Saab’s now-discontinued previous-generation 9-5 in China, and now the Chinese automaker has confirmed that it will begin production in about six months. BAIC got the old 9-5 tooling in exchange for taking a small share in [...]
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Autoblog (Free subscription) | 11/07/2009
Filed under: China , Government/Legal , Plants/Manufacturing , Saab Beijing Automotive Industry Holding Co. (BAIC), announced as a minority partner in Koenigsegg's deal to purchase Saab from General Motors two months ago, plans to produce the Saab 9-5 on Chinese soil next year. The involvement of BAIC in the Saab transaction helps Koenigsegg close the deal and gives the Chinese company leverage to...
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INAUTONEWS (Free subscription) | 11/06/2009
Beijing Auto, which may buy General Motors’ Saab unit via Swedish carmaker Koenigsegg, is planning to take the last generation Saab 9-5 and produce it in China once the latest model is launched in Europe in April next year, media reported today. In September, Beijing Automotive Industry Holding Co. (BAIC) agreed to take a minority stake [...] > Read complete article inside...
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The Truth About Cars (Free subscription) | 11/06/2009
If the GM-SAAB-Koenigsegg-BAIC deal ever closes, Beijing Auto (BAIC) would be interested in taking the current generation Saab 9-5 and produce it in China once the 2010 Saab 9-5 is launched in Europe in April next year, Chinese media reports via Gasgoo. Last September, BAIC had agreed to take a minority interest in the Koenigsegg-owned Saab. [...]
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Cars review info (Free subscription) | 11/01/2009
Arriving as a 2010 model, the new Buick Lacrosse is based on half the size of the Epsilon II platform, which is also the basis for the Opel Insignia and 2010 Saab 9-5. Buick LaCrosse 2010 Buick LaCrosse 2010 Buick LaCrosse 2010 Buick LaCrosse 2010 The design was based on the 2008 Buick Invicta concept, and replaces the Chinese and U.S. models. States that the new Buick LaCrosse to be of U.S. combat...
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China Car Times (Free subscription) | 10/26/2009
According to media reports, BAIC the company which bought SAAB with the Swedish car maker Koenigsegg are planning to take the last generation Saab 9-5 and produce it here in China once the latest one has been launched in Europe around April next year. Information on the production of the last generation Saab 9-5 is currently thin on the ground, but should it go ahead the 9-5 could be under BAIC’s...
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habser | 10/04/2009
The tooling and design rights to the outgoing Saab 9-5 are likely to be bought by the Beijing Automotive Industry Corporation (BAIC), according to our sources. Recently, BAIC became a minority shareholder in the Koenigsegg Group, which is seeking to buy Saab from General Motors.
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habser | 09/10/2009
The 2010 Saab 9-5 will get its own hybrid version, the powertrain of which will not only cut fuel consumption and emissions but also supply a higher level of torque when accelerating. Saab said that it intended to bring an extra boost to the car however specs have yet to be disclosed. According to Autocar , the car will have a 1.4-liter turbocharged unit that will be assisted by a small electric unit.
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trymi | 08/28/2009
Marking a new era for Swedish firm Saab is the official launching of its new flagship 9-5 saloon, which the company claims will be the most technologically advanced car it has ever produced.