Report: China's BAIC gunning to buy Pininfarina
 

<p>Filed under: <a href="http://www.autoblog.com/category/china/" rel="tag">China</a>, <a href="http://www.autoblog.com/category/rumormill/" rel="tag">Rumormill</a></p><a href="http://www.autoblog.com/photos/beijing-2010-baic-saabs/"><img width="630" vspace="4" hspace="0" height="420" border="1" align="top" src="http://www.blogcdn.com/www.autoblog.com/media/2010/04/baic-saab-1280-01-copy.jpg" alt="BAIC C71EV" /></a>
<div style="text-align: center;"><em><strong><sma ll>BAIC C71EV - Click above for high-res image gallery</small></strong></em></div>
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Beijing Automotive Industry Corp, or <a href="http://www.autoblog.com/tag/BAIC/">BAIC</a>, is looking to buy Italian design firm <a href="http://www.autoblog.com/tag/pininfarina">Pininfarina</a>. The Chinese automaker is already working with Pininfarina in collaboration on its upcoming models based on older Saabs. <br />
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Since mid-2009, <a href="http://www.autoblog.com/2009/08/07/report-pininfarina-family-to-sell-majority-stake-the-business/">Pininfarina's family ownership has been looking to unload its majority stake</a> in the company. Interest from several Chinese automakers has been piqued and BAIC is not alone in bidding for the right to purchase the design house. <a href="http://www.autoblog.com/tag/brilliance/">Brilliance</a> and Anhui Jianghuai Automobile have put in bids, as have Indian automakers <a href="http://www.autoblog.com/tag/mahindra/">Mahindra</a> and <a href="http://www.autoblog.com/tag/bajaj/">Bajaj Auto</a> and Canadian parts supplier <a href="http://www.autoblog.com/tag/magna">Magna</a> International.<br />
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Regardless of BAIC submitting a winning bid, work with Pininfarina is proceeding and we expect to see the fruits of both companies' efforts at a car show sometime in the very near future. <br />
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<div class="postgallery"><p><s trong>Gallery: <a href="http://www.autoblog.com/photos/beijing-2010-baic-saabs">Beijing 2010: BAIC Saabs</a></strong></p><a href="http://www.autoblog.com/photos/beijing-2010-baic-saabs/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2010/04/baic-saab-1280-01_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/beijing-2010-baic-saabs/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2010/04/baic-saab-1280-02_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/beijing-2010-baic-saabs/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2010/04/baic-saab-1280-03_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/beijing-2010-baic-saabs/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2010/04/baic-saab-1280-04_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/beijing-2010-baic-saabs/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2010/04/baic-saab-1280-05_thumbnail.jpg" alt="" title="" /></a></div><br />
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[Source: <a href="http://autonews.gasgoo.com/china-news/baic-is-bidding-to-acquire-italy-s-pininfarina-ex-101228.shtml" target="_blank">Gasgoo</a>]<p style="padding:5px;backgr ound:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2011/01/02/report-chinas-baic-gunning-to-buy-pininfarina/">Report: China's BAIC gunning to buy Pininfarina</a> originally appeared on <a href="http://www.autoblog.com">Autoblo g</a> on Sun, 02 Jan 2011 09:45:00 EST. Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://autonews.gasgoo.com/china-news/baic-is-bidding-to-acquire-italy-s-pininfarina-ex-101228.shtml>Read</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2011/01/02/report-chinas-baic-gunning-to-buy-pininfarina/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/19782654/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2011/01/02/report-chinas-baic-gunning-to-buy-pininfarina/#comments" title="View reader comments on this entry">Comments</a>

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