BMW interested in Saab - report

Saab 9-5 SportCombi 24.02.2011
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.
Feb 22nd, 2012 9:29pm
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Speedoholic Speedoholic
Saab design with BMW engines is a dream come true, DO IT!!
Feb 22nd, 2012 6:58pm
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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.
Feb 22nd, 2012 6:32pm
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Needless to say BMW and Saab would be a lovely match. I liked. I say go ahead. Will give BMW my full support!
Feb 22nd, 2012 5:19pm
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Alirabearabea Alirabearabea
I would encourge BMW to go ahead as I am waiting long time to have 95
Feb 22nd, 2012 1:11pm
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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
Feb 22nd, 2012 1:07pm
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automobile007 automobile007
I think this could work! Saab is a great brand
Feb 22nd, 2012 12:51pm
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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).
Feb 22nd, 2012 9:54am
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All fine. Just as long as this doesn't come back to bite BMW... I certainly hope not!
Feb 22nd, 2012 9:23am
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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.
Feb 22nd, 2012 2:51am
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Prestige15 Prestige15
I never thought that BMW would be interested on Saab, It would be good seeing BMW lending Saab a helping hand.
Feb 22nd, 2012 1:52am
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coopergt coopergt
Hope so as i would like a 9-5 wagon
Feb 22nd, 2012 1:34am
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norther norther
i dont believe it (not implying that it isnt possible)
Feb 22nd, 2012 12:43am
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DJH1971 DJH1971
Here's hoping!
Feb 22nd, 2012 12:10am
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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.
Feb 22nd, 2012 12:01am
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nixlair nixlair
I agree exactly. BMW could definately use Saab to compete with VW.
Feb 22nd, 2012 6:59pm
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This is become intersting ,, Griffin UP :)
Feb 21st, 2012 11:50pm
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