Chinese Automaker to buy outgoing Saab 9-5 Rights
By Thami Masemola
October 2, 2009 3:33 PM
Filed Under: American
A SAAB 9-5 clone could be on the roads within the next year. That is if the Beijing Automotive Industry Corporation (BAIC) goes ahead and buys all the tooling and design rights to the outgoing 9-5. Reports say the plan is in its final stages of execution but nothing is being said about whether production would resume under the BAIC badge or not.
SAAB recently unveiled its latest 9-5 range-topper which is produced at its Trollhatten factory in Sweden. The BAIC deal would mean the Chinese company could conceivably resurrect the old 9-5 and sell it while the new true 9-5 as it were, is also on the market.
BAIC is a minority shareholder in Koenigsegg which is buying SAAB from General Motors. The agreement exists but the contract is not yet final.
Fans of the big Swede can take small comfort in the fact that while the possibility of a Chinese copy exists, it would at least be legit.
Comments
Edited by user on October 2, 2009 at 4:33 PM
isaacu
Edited by user on October 3, 2009 at 3:14 AM
Every once in a while designs, toolings and assembly lines are purchased by upcoming companies who otherwise wouldn´t be able to develop a vehicle of such standards, even if it´s an outgoing model. Also they are then able to sell their cars at a relatively lower price which is particularly important for many markets in up-coming countries. On the other hand the original owner gets some always welcome cash infusion, so it´s a win-win situation.
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