Report: BMW Bids to Purchase Saab

Jason · 02-21-2012, 05:12 PM

BIMMERPOST NEWS

Report: BMW Bids to Purchase Saab

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The latest news in Saab's bankruptcy involves BMW. Saabs United has reported that 6-7 companies have bid to purchase Saab, which is currently in bankruptcy proceedings. According to the report, one European company "is German and located in Munich," which no doubt means BMW. Autobild suggests that there are even more interest parties (up to 14), including Chinese and Indian companies.

Saab won't necessarily be sold to the highest bidder however, but to the company offering the best proposal (with respect to benefit for the company, employees, creditors, etc.)

What could BMW possibly want Saab for? As we already known that smaller FWD BMW models are coming, perhaps this is BMW's play to build larger FWD cars without using the BMW badge.

via Saabsunited and Autoblog

///Matthew · 02-21-2012, 05:20 PM

I support anything that keeps BMW badges from gracing the bodywork of FWD vehicles...

Rolitto · 02-21-2012, 05:39 PM

Good news. I've known in the past that BMW will support engines to SAAB, so it seems things have become more clear and apparent now. I also support the growth of BMW by any means.

JasonCSU · 02-21-2012, 06:00 PM

Interesting. I knew Saab was in financial trouble, but I wasn't aware that Spyker was looking to unload them.

DDS2015 · 02-21-2012, 06:13 PM

Well, I doubt that all of these companies would be bidding on SAAB if it wasn't worth saving. They need a huge multi-national company to take them over to make things profitable again. SAAB has some really nice designs and great heritage (similar to BMWs in that they started in the aviation industry, could be wrong on that one though). It is definitely a company worth saving. I just hope that if BMW does indeed take them over that they aren't going to spread themselves too thin.

Schm · 02-21-2012, 06:15 PM

Quote:

Originally Posted by JasonCSU

Interesting. I knew Saab was in financial trouble, but I wasn't aware that Spyker was looking to unload them.

The Saab deal has pretty much taken Spyker underwater.

Am excited for a BMW-owned Saab; they're a great company they just need management that is not mentally handicapped (cough, GM, cough, Trollblazer, cough). If BMW doesn't bother to keep the Saab name alive, well, it's another established factory at bargain basement prices.

http://www.autoguide.com/auto-news/2...existence.html

Quote:

Originally Posted by DDS2015

Well, I doubt that all of these companies would be bidding on SAAB if it wasn't worth saving. They need a huge multi-national company to take them over to make things profitable again. SAAB has some really nice designs and great heritage (similar to BMWs in that they started in the aviation industry, could be wrong on that one though). It is definitely a company worth saving. I just hope that if BMW does indeed take them over that they aren't going to spread themselves too thin.

SAAB Group is a worldwide conglomerate that supplies fighter jets, aircraft and numerous other defense and security solutions.
http://www.saabgroup.com/en/

SAAB is a great company, and I really would like to see BMW or another well-established, worldwide advanced automobile company pick up it's remains instead of a Chinese carmaker who can't even pass Euro ncap crash testing.

bmwF10 · 02-21-2012, 06:34 PM

Quote:

Originally Posted by Schm

they just need management that is not mentally handicapped (cough, GM, cough, Trollblazer, cough).

LMAO

E30M3Driver · 02-21-2012, 06:51 PM

Wow, does no one remember what happened with Rover????

Pentium · 02-21-2012, 07:05 PM

Quote:

Originally Posted by ///Matthew

I support anything that keeps BMW badges from gracing the bodywork of FWD vehicles...

I totally support you on this! I don't want to see this happenning!

kdbryce · 02-21-2012, 07:08 PM

Quote:

Originally Posted by ///Matthew

I support anything that keeps BMW badges from gracing the bodywork of FWD vehicles...

+11111111

SE3P_to_E90 · 02-21-2012, 07:12 PM

Quote:

Originally Posted by ///Matthew

I support anything that keeps BMW badges from gracing the bodywork of FWD vehicles...

well said, sir.

M3maniac20 · 02-21-2012, 07:19 PM

I think it would be awesome. I've always liked Saabs for some strange reason, and I'm sure whatever they would do to Saab would be an improvement. But really? Saab just came back with 2 refreshed models and it's in bankruptcy? Oh well. It would be great if BMW could bring them back.

ORIGIN M. · 02-21-2012, 07:25 PM

jadnashuanh · 02-21-2012, 07:26 PM

The Saab group hasn't owned the auto company for a long time, although it once did. When I asked a GM guy at an autoshow about Saab after they took over what the biggest change he saw, he said you could now call someone on a Friday and actually find them in the office! GM brought both good and bad to their marriage - access to a lot more buying power making commodity items cheaper, and access to some of the better parts in the international parts bin, but IMHO, lack of purpose and identity and a lot of the uniqueness that set them apart in the time while owned by corporate SAAB group was lost in the process.

ORIGIN M. · 02-21-2012, 07:31 PM

GM wrecked SAAB by stifling the very design spirit that SAAB was born of in the first place.

Passion is what is dearly needed, money is a given.

b33g33 · 02-21-2012, 07:32 PM

Just the other day I saw one of the newer 9-somethings at night and was thinking that the LED eyebrow looked a lot like the E82 LCI. Maybe they already started collaborating?

In all seriousness, SAAB has a great and quirky heritage and BMW has done well with similar brands (MINI, RR).

shanecarmaster1 · 02-21-2012, 07:40 PM

Never liked Saab - just a blahh car even though they had many innovations. Personally I see no reason why they should keep going because what they once had is lost nowadays.

b33g33 · 02-21-2012, 07:47 PM

Quote:

Originally Posted by shanecarmaster1

Never liked Saab - just a blahh car even though they had many innovations. Personally I see no reason why they should keep going because what they once had is lost nowadays.

But ... But ... They're made from Jets.

BreakPoint · 02-21-2012, 08:10 PM

Buy now...Saab later..

LemonOne · 02-21-2012, 08:27 PM

If BMW buys Saab, I will buy a Saab for the first time in my life!

Saab's Stealth Mode FTW!

antzcrashing · 02-21-2012, 08:34 PM

Quote:

Originally Posted by E30M3Driver

Wow, does no one remember what happened with Rover????

dammit you beat me to it

ROM3 · 02-21-2012, 08:34 PM

I think it's genius!!! Saab inspired from Jets and Planes and BMW with Jets and Fighter Planes heritage!!! Anyway, this might not be the case but BMW always had a method to their madness.

As far as the RR collaboration. Before we broke off with them, we picked up something hence the xDrive!!! AWD Soooo... which means Saab has something that BMW could use!!! Genius!!!

02-21-2012, 05:12 PM	#1
Jason Administrator 43554 Rep 21,324 Posts Drives: F80 M3 Join Date: Mar 2005 Location: USA iTrader: (0)	Report: BMW Bids to Purchase Saab BIMMERPOST NEWS Report: BMW Bids to Purchase Saab 82 COMMENTS Tweet The latest news in Saab's bankruptcy involves BMW. Saabs United has reported that 6-7 companies have bid to purchase Saab, which is currently in bankruptcy proceedings. According to the report, one European company "is German and located in Munich," which no doubt means BMW. Autobild suggests that there are even more interest parties (up to 14), including Chinese and Indian companies. Saab won't necessarily be sold to the highest bidder however, but to the company offering the best proposal (with respect to benefit for the company, employees, creditors, etc.) What could BMW possibly want Saab for? As we already known that smaller FWD BMW models are coming, perhaps this is BMW's play to build larger FWD cars without using the BMW badge. via Saabsunited and Autoblog
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02-21-2012, 05:20 PM	#2
///Matthew Major 202 Rep 1,231 Posts Drives: 2013 M3, 1999 M3 Join Date: Dec 2010 Location: NJ iTrader: (3)	I support anything that keeps BMW badges from gracing the bodywork of FWD vehicles... __________________ 2013 Santorini Blue M3 1999 Estoril Blue M3 mfatuation.com
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02-21-2012, 05:39 PM	#3
Rolitto Second Lieutenant 5 Rep 255 Posts Drives: BMW Join Date: Aug 2008 Location: Beirut and Canada iTrader: (0)	Good news. I've known in the past that BMW will support engines to SAAB, so it seems things have become more clear and apparent now. I also support the growth of BMW by any means.
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02-21-2012, 06:00 PM	#4
JasonCSU Colonel 705 Rep 2,548 Posts Drives: '08 135i, '88 325is Join Date: Feb 2008 Location: Denver, CO iTrader: (0) Garage List 1988 BMW 325is [0.00] 2008 BMW 135i [0.00]	Interesting. I knew Saab was in financial trouble, but I wasn't aware that Spyker was looking to unload them. __________________ Delivered in Munich, broken in on the Nurburgring.
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02-21-2012, 06:13 PM	#5
DDS2015 Major 430 Rep 1,461 Posts Drives: 2018 M3CS Join Date: Mar 2011 Location: Winnipeg iTrader: (1) Garage List 2021 BMW X3 [10.00] 2023 BMW M4 [10.00]	Well, I doubt that all of these companies would be bidding on SAAB if it wasn't worth saving. They need a huge multi-national company to take them over to make things profitable again. SAAB has some really nice designs and great heritage (similar to BMWs in that they started in the aviation industry, could be wrong on that one though). It is definitely a company worth saving. I just hope that if BMW does indeed take them over that they aren't going to spread themselves too thin.
	Appreciate 0 Quote

02-21-2012, 06:51 PM	#8
E30M3Driver Captain 37 Rep 794 Posts Drives: 2021 M2C, 97 M3 Join Date: Jan 2006 Location: Here, there iTrader: (1) Garage List 2007 BMW 335i [8.00] 1989 BMW M3 [8.20]	Wow, does no one remember what happened with Rover???? __________________ Performance Center Delivery, June 21, 2013: 2013 E92 335is \| Le Mans Blue \| Gray Leather with Black \| 6MT \| 19" Style 313's \| Michelin Pilot Super Sports \| BMW Carbon Fiber Rear Spoiler \|
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02-21-2012, 07:19 PM	#12
M3maniac20 Captain 91 Rep 725 Posts Drives: 2013 BMW 335is Coupe Join Date: Aug 2010 Location: Austin, Texas iTrader: (0)	I think it would be awesome. I've always liked Saabs for some strange reason, and I'm sure whatever they would do to Saab would be an improvement. But really? Saab just came back with 2 refreshed models and it's in bankruptcy? Oh well. It would be great if BMW could bring them back. __________________ 2016 340i M-Sport 6-MT(on order) 2013 335is (still have) 2011.5 M3 ZCP (traded in)
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02-21-2012, 07:25 PM	#13
ORIGIN M. Banned 3160 Rep 9,134 Posts Drives: ///M Join Date: Oct 2007 Location: Northern Hemisphere iTrader: (0)
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02-21-2012, 07:26 PM	#14
jadnashuanh Major 54 Rep 1,061 Posts Drives: 535iGT x-drive; i3 BEV Join Date: May 2010 Location: USA iTrader: (0)	The Saab group hasn't owned the auto company for a long time, although it once did. When I asked a GM guy at an autoshow about Saab after they took over what the biggest change he saw, he said you could now call someone on a Friday and actually find them in the office! GM brought both good and bad to their marriage - access to a lot more buying power making commodity items cheaper, and access to some of the better parts in the international parts bin, but IMHO, lack of purpose and identity and a lot of the uniqueness that set them apart in the time while owned by corporate SAAB group was lost in the process.
	Appreciate 0 Quote

02-21-2012, 07:31 PM	#15
ORIGIN M. Banned 3160 Rep 9,134 Posts Drives: ///M Join Date: Oct 2007 Location: Northern Hemisphere iTrader: (0)	GM wrecked SAAB by stifling the very design spirit that SAAB was born of in the first place. Passion is what is dearly needed, money is a given.
	Appreciate 0 Quote

02-21-2012, 07:32 PM	#16
b33g33 Give '///M' Hell! 129 Rep 1,328 Posts Drives: Einser Rex Join Date: Jun 2011 Location: Atlanta, GA iTrader: (0)	Just the other day I saw one of the newer 9-somethings at night and was thinking that the LED eyebrow looked a lot like the E82 LCI. Maybe they already started collaborating? In all seriousness, SAAB has a great and quirky heritage and BMW has done well with similar brands (MINI, RR). __________________ The 1 series M is the most badass, coolest, sickest BMW to debut since the 1988 M3. The E30 M3 finally has a successor. Please welcome the stupidly fast, wickedly tempered, awkwardly named, possibly perfect little son of a benchmark - Automobile Magazine, August 2011
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02-21-2012, 07:40 PM	#17
shanecarmaster1 Lieutenant 57 Rep 550 Posts Drives: e90 325i, F01 750Li, e38 740i Join Date: Aug 2009 Location: New Jersey iTrader: (0)	Never liked Saab - just a blahh car even though they had many innovations. Personally I see no reason why they should keep going because what they once had is lost nowadays. __________________ A BMW can be described in one simple, yet true statement, "From the outside you don't understand, from the inside you can't explain." How true is THAT?!
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02-21-2012, 08:10 PM	#19
BreakPoint Banned 21 Rep 572 Posts Drives: E92 M3 Join Date: Jan 2011 Location: North NJ iTrader: (4)	Buy now...Saab later..
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02-21-2012, 08:27 PM	#20
LemonOne Major 727 Rep 1,087 Posts Drives: ///Most Powerful Letter Join Date: Oct 2009 Location: East Coast iTrader: (0)	If BMW buys Saab, I will buy a Saab for the first time in my life! Saab's Stealth Mode FTW!
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02-21-2012, 08:34 PM	#22
ROM3 Captain 28 Rep 633 Posts Drives: 2015 BMW M3 Join Date: Nov 2011 Location: Wolcott, CT iTrader: (9)	I think it's genius!!! Saab inspired from Jets and Planes and BMW with Jets and Fighter Planes heritage!!! Anyway, this might not be the case but BMW always had a method to their madness. As far as the RR collaboration. Before we broke off with them, we picked up something hence the xDrive!!! AWD Soooo... which means Saab has something that BMW could use!!! Genius!!!
	Appreciate 0 Quote