China's BAIC weighing options after dropped Saab bid

Newswire

SHANGHAI, Nov 25 (Reuters) - Chinese automaker BAIC said it is reviewing its options and reaffirmed its commitment to become more global after a consortium it was part of pulled out of talks to buy money-losing Swedish automaker Saab from general Motors [GM.UL]. "Beijing Automotive Industry Holding Corp states that becoming more international ... has always been our strategic focus," the comoany said in a statement on Wednesday. The company must decide its next move after its consortium, ...

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