Preliminary agreement with Chinese BAIC buys Saab parts General Motors has reached a preliminary agreement on the sale of parts of its Swedish subsidiary Saab, according to a press report with the Chinese car manufacturer BAIC. This includes the acquisition of production facilities and ownership of the technology for Saab’s mid-range 9-3 and 9-5 cars, reports the Wall Street Journal. A Saab spokesman said that a complete sale of the Swedish GM subsidiary is still possible. He was confident that a buyer would be found for Saab. At the beginning of December, it was already announced from a circle that the Chinese were among others interested in the acquisition of Saab technology. Also the Dutch sports car manufacturer Spyker is interested in the purchase of Saab. The talks about it were still ongoing, said Spyker CEO Victor Muller. “We are in the middle of the discussions”, he said on Sunday. He described the report on the agreement between GM and BAIC as good news. are assets for older Saab models. Source:http://www.n-tv.de/business/BAIC-kauft-Saab-Teile-article637759.html