The Swedish Wire
China's Beijing Automotive Industry Holding Co. wants to invest in Saab after it failed to buy the Swedish car company, BAIC's chief said in a newspaper interview published on Thursday.
"We have a durable interest in deepening our partnership with Saab and we are ready to invest in the company," BAIC chief executive Wang Dazong told Swedish business daily Dagens Industri.
China's fifth biggest car maker was one of the bidders to take over loss-making Saab from General Motors, but the US group dismissed BAIC's bid and sold it to Dutch sports car maker Spyker Cars, Wang said.
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China's Beijing Auto wants to invest in Saab