INTERVIEW-UPDATE 1-Beijing Auto firms up car unit IPO plan

Newswire

* Talking to bankers to list passenger car business unit * Looking at either Shanghai or Hong Kong to list * In serious discussion for potential acquisition * Aims to boost sales by 21 pct to 1.5 mln units this year * Saab technology integration on target (Adds quotes, details throughout) By Jean Yoon and Michael Wei BEIJING, May 21 (Reuters) - Beijing Automotive Industry Holding Co (BAIC), China's fifth-biggest automaker, is in talks with investment banks for an initial public ...

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