Saab 9-3 News

BEIJING // Beijing Auto has agreed to buy car and engine technology from General Motors' Saab subsidiary in the latest purchase of overseas expertise by a Chinese car maker.

First of all, it should be pointed out that after our last report about Holland's Spyker trying to buy Saab , the freaks lovely people over at Saabs United pointed out some gaping holes in our reporting an inconsistency or two with the Reuters /our version of the facts.

SHANGHAI Beijing Autos has agreed to buy technology from GM's Saab Automobile, a major breakthrough for the Chinese automaker that could also clear the way for General Motors to sell the rest of Saab to another buyer.

General Motors Co. has adjusted its plan for Saab to focus on selling the entire unit, with Spyker Cars NV emerging as a frontrunner, according to people familiar with the plan.

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Saab, the Swedish car manufacturer owned by General Motors , is understood to have sold two unused production lines to BAIC, the Chinese carmaker, as the US company holds last-ditch talks to sell the business to one of two potential bidders.

General Motors will 'begin an orderly wind-down' of its Saab unit if no buyers for the money-leaking Swedish carmaker are found.

Continuing the brand's product renaissance, Buick unveiled its all-new 2011 Regal sedan earlier today at the Los Angeles Auto Show.

U.S. private investment firm Merbanco Merchant Banking said it is out as a bidder for Saab.

My most valued childhood possession was a badge proclaiming 'Happy Birthday - You're Five'. However, by the age of seventeen I wanted a badge that said Jaguar, Mercedes, or perhaps even Saab.

Swedish sports car maker Koenigsegg Group AB has come to its senses. The company decided to pull out of its earlier agreement to buy Saab from General Motors.

Any automaker can hold a year-end sales event putting thousands of dollars on the hood of its latest offerings, but just how good is the deal if it's on a car you don't want? No doubt you've started to see the November and December sales campaigns of automakers eager to close an awful year of automotive sales on a high point.

A deal for General Motors Co. to sell Saab to a specialty carmaker has collapsed, leaving the storied Swedish brand born from jets in 1947 close to extinction.

China's BAIC, part of a group that abandoned its bid to buy General Motors' GM.UL Saab unit, could still bid for some Saab assets on its own but is unlikely to try for the whole company, analysts said.

Reuters Published on Tuesday, Nov. 24, 2009 12:44PM EST Last updated on Tuesday, Nov.

Saab, the troubled stepchild of General Motors that is being sold to Sweden's Koenigsegg Group, said on Tuesday that dealers will start receiving 2010 model-year cars shortly after the sale closes, which is expected to take place by the end of this month.

Ford and Volvo, while still not a match made in heaven, at least gave it a go, sharing platforms and technology.

Contrasting bumper and fender trim completes the mildly rugged look of the 9-3X. Under the hood is Saab's turbocharged 2.0-liter inline-4, and you'll have a choice of a six-speed manual or six-speed automatic transmission.

LIKE a pair of designer spectacles, Saab's 9-3 saloon model brings discreet style to something inherently functional.

More than 65,000 people have applied for about 2,000 jobs at a new Volkswagen plant in Chattanooga, Tenn., according to the Chattanoogan.com. Volkswagen took applications to work at the plant for about three weeks.