Even as a deal for a consortium that includes Beijing Automotive Industry Holding Corp (BAIC) to purchase Saab has collapsed, BAIC still was able to buy Saab’s production equipment for its old 9-5 models, according to a report from Sweden’s Ny Teknik newspaper.
Reportedly, Saab had started to dismantle the production line for the old 9-5 in October. Saab plans to send the equipment to China and make preparations for its new 9-5 line, which will start production early next year. General Motors Co., Saab’s parent company, had previously hesitated to sell anything that holds intellectual property rights but it probably made the exception because the 9-5 production equipment is significantly different from any other car it makes.
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