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On September 27, at Shenbao International Supplier Press Media Symposium held by BAIC, BAIC Deputy President Chen Bao said, in the future 3-5 years, BAIC will concentrate on timely launching variety of new models which are based on Saab platform and he also said, homemade Shenbao models largely used Saab original supplier system, which accounted for high up to 80%in the whole parts suppliers, and in future Shenbao will continue to consolidate this advantage.

BAIC President Xu Heyi’s distribution of BAIC production base is going to end a smooth outcome. Sources ever said BAIC top seniors were secretly negotiating with Jiangsu local government and planned to restructure Jiangsu Zhenjiang Automobile factory so as to set up East China base of BAIC.

Gasgoo.com (Shanghai July 19) - Ever since Geely's acquisition of Volvo, there has been a race among Chinese own brand manufacturers to purchase foreign automotive enterprises. The most recent target is failing US electric vehicle manufacturer Fisker, which is currently searching for a buyer.