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BMW interested in Saab - report

 BMW interested in Saab - report
Saab 9-5 SportCombi 24.02.2011

Born from the ultimate driving machine?

BMW and Saab signed an engine purchasing agreement in late 2010, but now there's word the German automaker could be interested in buying out the Swedish company.

Saabs United is reporting multiple sources have confirmed the Munich-based automaker wants to buy Saab and continue to build new models.

Regardless if the rumors pan out, there are reportedly six or seven serious bidders that are interested in buying part or all of Saab. Parties reportedly include Youngman, Mahindra & Mahindra and Turkish private-equity firm Brightwell Holdings.

Interestingly, the administrators overseeing the bankruptcy have revealed that Saab might not be sold to the highest bidder. Instead, the company could go to the bidder whose proposal has the best benefits for creditors, employees and the region.

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Comments (17)

 jerry05cod4 jerry05cod4
what do people keep insisting on saab, there's clearly not a big enough market for their products. Everyone here praises saab and bla bla bla, but I'm sure saab is not even a first, second, or third choice brand for most here. They're just not attractive or competitive enough in the market.
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February 22, 2012 2:29 pm
 Speedoholic Speedoholic
Saab design with BMW engines is a dream come true, DO IT!!
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February 22, 2012 11:58 am
 adz911 adz911
interesting.....maybe bmw will inject some dna into saab's engineering and make them good to drive. I've always had a little bit of a soft spot for Saab, and I hope the right company buys them.
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February 22, 2012 11:32 am
 DdW DdW
Needless to say BMW and Saab would be a lovely match. I liked. I say go ahead. Will give BMW my full support!
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February 22, 2012 10:19 am
 Alirabearabea Alirabearabea
I would encourge BMW to go ahead as I am waiting long time to have 95
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February 22, 2012 6:11 am
 Alirabearabea Alirabearabea
what if the same cenario occured in Japan, would it be that employee will work for month to keep plant is running without leting other to degrade the brand, SAAb my dream since I was in 20th years
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February 22, 2012 6:07 am
 automobile007 automobile007
I think this could work! Saab is a great brand
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February 22, 2012 5:51 am
 alessandro alessandro
Best solution for both. Saab is not an empty place and culturally important thing in Europe. Reithofer probably knows how to use BMW-s money. For Saab it will be a best available way to exist (looking to Mini and Bentley).
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February 22, 2012 2:54 am
 DTM DTM
All fine. Just as long as this doesn't come back to bite BMW... I certainly hope not!
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February 22, 2012 2:23 am
 autoficianado autoficianado
Surprising news but I agree with Microice. BMW needs more volume and Saab could fit as a near premium niche brand and allow the additional volume efficiency through platform and powertrain components. The Minis, 1 series and the Saabs could easily be built off existing platforms and share components. I hope we get to see Saabs with BMW engineering.
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February 21, 2012 7:51 pm
 Prestige15 Prestige15
I never thought that BMW would be interested on Saab, It would be good seeing BMW lending Saab a helping hand.
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February 21, 2012 6:52 pm
 coopergt coopergt
Hope so as i would like a 9-5 wagon
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February 21, 2012 6:34 pm
 norther norther
i dont believe it (not implying that it isnt possible)
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February 21, 2012 5:43 pm
 DJH1971 DJH1971
Here's hoping!
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February 21, 2012 5:10 pm
 Microice Microice
What? Saab people will say and listen to anything if it has 'buy Saab' in the sentance. Be it true, I'd think it would be a sub premium brand to fight Volvo and VW.
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February 21, 2012 5:01 pm
 YMB YMB
This is become intersting ,, Griffin UP :)
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February 21, 2012 4:50 pm