China’s Beijing Automotive Industry Corp (BAIC) is looking to purchase Italian design firm Pininfarina. The Chinese automaker is currently in works with Pininfarina and their collaboration will produce works that are based on Saabs older models.
The 81 year old company, come 22nd May 2011, has been looking for a majority stake-holder for the company that was established by Battista “Pinin” Farina thereby sparking several Asian Automakers including Brilliance and Anhui Jianghuai Automobile as well as Mahindra, Bajaj Auto and a Canadian parts supplier Magna Internaltional.
However, BAIC has recently managed to clinche and seal the deal with the Italian design firm who have had their hands in the likes of Ferrari, Maserati, Rolls-Royce, Volvo, Alfa Romeo, Cadillac, Jaguar and Lancia to name a few; with an unnamed executive at BAIC who said: “I just come back from Italy last week and have communicated with the technical staff at Pininfarina about the design proposal of the Saab models. Pininfarina is the most successful overseas car design company in China. BAIC has been collaborating with it on development of models based on the Saab technology and will display an all-new concept car with the Saab DNA at next year’s Shanghai auto show, while Pininfarina will be responsible for the contour design of the car.”
So lets hope their collaborated works will produce something that will pique our interests by then, instead of redesigning Saab’s pretty outdated vehicles.