Saab’s bid to escalate 14 BMW buyers

Gasgoo Motors International reported that the Swedish Saab auto bid has entered the final round. The number of intended buyers disclosed by the media has gradually increased, and even 14 companies have participated in the Saab battle, and one of the European car companies has been accused of being a German company. BMW.

According to AutoBild, the executive who executed Saab clearing stated on the 21st that a total of 14 interested buyers expressed interest in Saab, including partial and overall acquisitions. However, the manager did not disclose the company's specific identity, but said it will decide at the end of February whether to sell Saab as a whole, and whether Saab's main production plant will remain in Trollhattan.

The Saabunited website pointed out that on February 21, the Saab bankruptcy administrator again held a weekly meeting to reiterate that the highest bidder may not be able to purchase Saab, and buyers should take into account creditors, employees, and local interests to achieve the best balance between funding, technology, and Long-term operational reputation has advantages.

According to news from the weekly meeting, it has been confirmed that 6 to 7 bidders are sincere. According to different media, one of them is a European car manufacturer. Several information channels hint that the German company is located in Munich. It is reported that the car company intends to acquire Saab and manufacture Saab and its own brand models on the same platform. Many media at home and abroad have speculated that the intended buyer is BMW Motors.

According to the information provided by the auto industry veteran Tian Yongqiu, Saab has provided asset- and technology-related documents to the aforementioned bidders in order to attract higher bids; at the same time, the bankruptcy administrator once again expressed its willingness to sell as a whole.

The well-known Saab buyers now include Chinese Youth Lotus Motors, Indian Mahindra, Turkey Brightwell, etc. Young cars have already given a new round of quotations, totaling 2 billion Swedish kronor (about 300 million U.S. dollars), and the subsequent development costs are expected to reach 18 One hundred million U.S. dollars.