China Car Forums banner

241 - 254 of 254 Posts

·
Registered
Joined
·
523 Posts
Discussion Starter #241
nzsaab said:
Introducing the C60!!!!

Based on Saab 9-3







I am LOVING it, even though they could have been a bit more imaginative with the interior. A modern looking sedan with a dashboard from 1986-not too good but let's hope they change it. Still, I wouldn't have said all those awful things about the 9-5 had it looked like this. It's fantastic!

I wonder what the phrase for "torque steer" is in Chinese?
 

·
Registered
Joined
·
156 Posts
The interior is not from 1986! It was developed under the financial constraints that GM allowed it to be in. It was so plasticy because GM's "Traits" in build quality had set in quickly.
 

·
Registered
Joined
·
523 Posts
Discussion Starter #245
BAIC to distribute Saab cars in China

From China Car Times:
As well as buying old Saab platforms, Beijing Automotive Industry Corporation (BAIC) has gained the rights to distribute Saab vehicles in China. It is still unclear how exactly BAIC plans to distribute Saab vehicles in China, if they plan to set up a new Saab dealership network totally devoted to Saab, or use its existing dealership network that already deals in Mitsubishi, Jeep and Chrysler products under one roof nationwide.

Saab has never performed extremely well in China with only a smattering of dealers in Beijing, Shanghai and Chengdu, as at the time Shanghai-GM were more focused on promoting the Cadillac brand in China and also Buick as a semi luxury brand, thus Saab fell by the wayside in China.

Saab arrived in China in 2002 with high hopes for a soon to be burgeoning market, however sales failed to lift off and by 2008 yearly sales were at just 800 units for the whole country. Under Sypker and BAIC stewardship, Saab China is now aiming to sell 5000 units in 2011 when they finally return to China at the end of the year, and Saab will be aiming at the premium car segment where Audi, BMW and Mercedes rule supreme. As reported before on CCT, Saab plans to sell 5000 cars in the first year in business in China, which is set to account for 10% of their global sales.
 

·
Registered
Joined
·
156 Posts
Ive also heard this story. It has been denied by Saab Automobile AB and Spyker Cars NV. There are no co-operations between Saab and BAIC other than the old 9-5 and 9-3. No distribution agreements or confirmation of talks yet.
 

·
Registered
Joined
·
523 Posts
Discussion Starter #248
Wouldn't think so. BAIC would have to sign a joint venture and at this moment, I don't think Saab would have the money to invest in a JV at this present time.
 

·
Registered
Joined
·
156 Posts
KiwiGuy

Im afraid that your thoughts that Saab could not afford to be involved in joint ventures is unjustified.

Infact Saab is one of only a few car makers that actualy have money in their bank account! (partly due to the sale of the old 9-5 and 9-3 to the Chinese and also because of the EIB loan)

Saab are apparently in talks with BMW as we speak over possible joint powertrain developments and perhaps even platform development ventures. I have heard through the grape vine that Saab's top people have been in Munich this week talking about something.

Saab are extremly busy with restocking the world of Saab cars following the great 2009 drought of quality automobiles (also known as the Great Saab Drought of 2009) whereby GM almost fully depleated Saabs stocks by shutting down the factory early and sacking workers.

Saab have in the past month emlpoyed more than 100 people in Trollhatten to build the ever expanding lineup. Being the 9-3 range, SportSedan, SportCombi, Convertible and 9-3x as well as the all new 9-5 Sedan

These important models are all destined for the United States or Europe with Canada a close third. The rest of the world will have to wait until these markets are up and running. There are only about 600 of the new MY2010 9-5 Sedan coming to the US.

Saab, under Spyker, are producing between 150-200 cars per day. Last year GM had them on one shift building 100 per day.

Saab-Spyker have taken a new cost effective approach to inventory (execpt in the US). Saab will now only offer a couple of demonstrators to dealerships and then build to order. That way Saab know that every car going down the line has a home to go to and wont sit in inventory lots for 12 months then get sold for cheap.

It is my guess that Saab will get involved with BAIC in the next few years in the way of distrubution perhaps.

As for NZ and Australia, we are probably on the list next to Asia in terms of priority. Im very postive that Australia is important to Saab. They have in the past sold more than 1000 cars a year there. In Australia Saab have 24 dealers. The 9-3 Convertible between 1997-2006 outsold BMW and Audi converts 3 to 1. Infact in 1.9TID form its the most efficient convertible of any class in Australia.

I have written far more than I intended but I havnt spoken for a while. Theres your updates guys.
 

·
Registered
Joined
·
156 Posts
More on the story of Saab being in talks with BMW

Saab is said (from a reliable source) to be in talks with BMW about getting engines and platforms from its Mini division to make the all new Saab 92 or 9-2 (name not confirmed). Sources say best case the 92 or 9-2 will be out by 2013 but more likely later.

There is SO MUCH happening at Saab as of right now. The production line cannot keep up with demand. Dealers around the world are sitting empty. Saab is only building for North America and Europe as of late. The all new 9-5 Sedan goes on sale in US next month!

New Saab 9-3x is on sale in US and Europe now! Already doing well in Europe.

All new 9-4x will be launched next year closely followed by the all new 9-5 SportCombi.

Fun times ahead.
 

·
Registered
Joined
·
156 Posts
Powertrain Expansion and Improvements - 2011 models

For Model Year 2011, Saab is introducing major powertrain improvements: class-leading CO2 emissions of just 119 g/km in the 9-3 range and a wider engine choice for the newly-launched 9-5 sedan.



Saab 9-3 range:

Class-leading CO2 emissions of just 119 g/km with 4.5 l/100km combined cycle fuel economy for diesel-powered Saab 9-3 Sport Sedans in Linear or Vector specification. In terms of CO2 per unit of horsepower, the 180 hp engine delivers the most efficient performance in the compact segment.
More powerful 1.9-liter diesels, all with two-stage turbocharging. New 130 hp TTiD replaces the previous 120 hp, single turbo TiD unit and a 160 hp TTiD version replaces the 150 hp TiD. They join the range-topping 180 hp/400 Nm TTiD variant.
Average10 percent reduction in CO2 emissions across the gasoline and diesel range
New 163 hp, 2.0-liter gasoline turbo available with Saab XWD for 9-3 Sport
Sedan, SportCombi and 9-3X soft-roader
Distinctive TX special edition continued across the range
New rear badging to match format introduced on new 9-5 sedan



Saab 9-5 sedan:

Greater customer choice: powertrain line-up now expanded from three to six engines – 190 hp, 2.0 TTiD introduced, available with Saab XWD, as well as two-wheel drive.
First Saab diesel with XWD system, Offered in addition to 160 hp, 2.0 TiD engine with two-wheel drive.
Rightsized, 180 hp, 1.6 Turbo gasoline engine lowers price entry point. Among most efficient production engines in its class, producing 112 hp per liter
New 220 hp, 2.0-liter BioPower engine – able to run on gasoline and/or E85 fuel (85% bioethanol,15% gasoline) in any blends.
 

·
Administrator
Joined
·
16,360 Posts
Saab announces memorandum of understanding with China's Pang Da

Official Press release
Zeewolde, The Netherlands, 16 May 2011 - Spyker Cars N.V. (Spyker) announces today that Spyker and Saab Automobile AB (Saab Automobile) signed a Memorandum of Understanding (MoU) with Pang Da Automobile Trade Co., Ltd (Pang Da), China's largest publicly traded automobile distributor with over 1100 dealerships nationwide. The MoU includes a strategic alliance consisting of a 50/50 distribution joint venture and a manufacturing joint venture (MJV) for Saab branded vehicles as well as for an MJV-owned brand (the so-called 'child brand') in China. Saab Automobile will have up to 50 percent in the MJV, with Pang Da and a to-be-selected manufacturing partner owning the remaining shares.

Pang Da shall make a EUR 30 million payment for the purchase of Saab vehicles and is expected to make an additional EUR 15 million for the purchase of more Saab vehicles within 30 days subject to certain circumstances. Additionally, Pang Da will take an equity stake in Spyker for a total amount of EUR 65 million at EUR 4.19 per share (the weighted average of the ten last trading days), representing 24 percent of Spyker on a fully diluted basis, and will have the right to nominate a member of the Supervisory Board of Spyker and /or the Board of Saab Automobile.

Spyker, Saab Automobile and Pang Da signed an MoU on the formation of a joint ventures with respect to distribution and manufacturing in the Greater China market, subject to definitive transaction documentation and certain regulatory approvals.

Pursuant to the MoU, Pang Da will transfer EUR 30 million to Saab Automobile as payment for the purchase of Saab vehicles and an additional EUR 15 million within 30 days for the purchase of additional vehicles depending on certain circumstances.

Pang Da will take an equity participation in Spyker for a total amount of EUR 65 million at EUR 4.19 per share representing up to 24 percent of Spyker's outstanding share capital on a fully diluted basis.

The MoU between Spyker, Saab Automobile and Pang Da contains the principles on which the parties will establish a 50/50 joint venture for the distribution of Saab-branded vehicles in China.

The EUR 65 million share subscription by Pang Da will secure Saab Automobile's medium term funding.

Some of the transactions following the MoU are subject to agreement on definitive transaction documents and certain conditions, which include consents from certain Chinese governmental agencies, the European Investment Bank, GM and the Swedish National Debt Office.

With the receipt of Pang Da's EUR 30 million initial payment, Saab Automobile aims to come to an agreement on payment and delivery terms with its suppliers as it secured the liquidity that is required to restart production as soon as possible. In order to improve lead times to customers and dealers on existing and future orders, Saab Automobile will work together with its suppliers to minimize any impact from the recent production stop.

Victor Muller, CEO of Spyker and Saab Automobile said:
"Both parties are confident that this partnership allows Saab Automobile and Pang Da to create a strong business, initially in the distribution and subsequently in the manufacturing of Saab vehicles in China.

"Pang Da is a forward-looking, profitable and well-capitalized public company that, as the single largest automobile distributor in China, sees enormous potential for our brand in their home market. We will work hard to finalize the relevant agreements and firmly establish Saab in the world's fastest growing car market. Pang Da taking a substantial equity stake in Spyker underlines their confidence in our plans for the future and China in particular."

Mr. PANG Qinghua, CEO of Pang Da, said:
"This partnership allows us not only to distribute Saab, the iconic European premium brand, in China but also to set up a manufacturing joint venture which will further enhance the competitive position of the Saab brand in China.

"With the new products Saab has launched since it became an independent car manufacturer early last year, such as the all new Saab 9-5 and the Saab 9-4X which have been widely acclaimed, and not in the least the upcoming successor to the current Saab 9-3, we believe the timing is perfect for Saab to enter the Chinese market. Our size, financial strength and competence in addition to our ability to move fast will be crucial to Saab's success in China.

"Having just gone public ourselves three weeks ago, we are delighted to have the opportunity to become a substantial shareholder in Spyker, Saab's parent. We very much look forward to collaborating with Saab's management to successfully enter our promising home market."
http://www.autoblog.com/2011/05/16/saab-announces-memorandum-of-understanding-with-chinas-pang-da/
 
241 - 254 of 254 Posts
Top