Big race regarding who will take over Swedish Saab, one of the smallest car producer in the Old Continent,  is going to end soon.  Everything shows, that Koenigsegg , who is Swedish sport bolid producer, will be the new  Saab owner.  Koeningsegg will be supported by Beijing Automotive Industry Holding (BAIC), that is one of the fastest developing automotive  concern in China.
Mr. Christain Von Koenigsegg assured that this merger will give additional chance for increasing participation in Chinese  and international market . BAIC is not the only one Chinese producer  who is going to invest in Sweden.  Geely Holding Group, one of the biggest car producer in China, informed yesterday that would like to take over Volvo, that currently belongs to American Ford.

Source: Puls Biznesu, 10 września 2009