(December 15, 2009) Saab has announced that it had closed on the sale to Beijing Automotive Industry Holdings Co. of certain Saab 9-3, current 9-5 and powertrain technology and tooling.  Saab will assist BAIC to integrate this technology into future BAIC vehicles.

Jan Åke Jonsson, Managing Director of Saab Automobile said:  “This arrangement is excellent for both parties, now and for the future.  We have developed a good relationship with BAIC and look forward to working with them to integrate this Saab technology into their future vehicles"