plus 4, RPT-'Stay tuned' on SAAB, Beijing Auto executive says - Forbes

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• RPT-'Stay tuned' on SAAB, Beijing Auto executive says - Forbes
• Saab: New buyers emerge - Dubuque Telegraph Herald
• Update on GM Saab selling deal - SteelGuru
• Unemployed Ind. man wins $2 million in lottery - Republic
• Fortune and ALD Automotive jointly set up automotive leasing company - SteelGuru

RPT-'Stay tuned' on SAAB, Beijing Auto executive says - Forbes Posted: 29 Nov 2009 06:08 PM PST NANJING, China, Nov 30 (Reuters) - Beijing Automotive Industry Holding Corp (BAIC) might still be interested in buying General Motors' Saab unit, Wang Dazong, the Chinese car company's general manager, said on Monday. Asked by reporters whether BAIC would consider approaching Saab as a solo buyer or only as a part of a consortium, Wang said: 'I would just say, 'stay tuned a little bit'.' Article Controls email reprint newsletter comments share del.icio.us Digg It! yahoo Facebook Twitter Reddit rss Speaking on the sidelines of a China-European Union business summit, Wang said BAIC's strategy of going global was still in place. BAIC must decide its next move after a consortium of which it was a member, led by tiny Swedish luxury car maker Koenigsegg, pulled out of talks last week to buy Saab, putting in doubt the future of the loss-making GM unit. (Reporting by Simon Rabinovitch; Editing by Alan Wheatley) ((alan.wheatley@thomsonreuters.com; +86 10 6627 1235; alan.wheatley.reuters.com@reuters.net)) Keywords: BAIC SAAB/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Neither the Subscriber nor Thomson Reuters warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and neither accepts any liability for losses howsoever incurred. The content on this site, including news, quotes, data and other information, is provided by Thomson Reuters and its third party content providers for your personal information only, and neither Thomson Reuters nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. This content has passed through fivefilters.org.

Saab: New buyers emerge - Dubuque Telegraph Herald Posted: 28 Nov 2009 07:53 AM PST » Week in review: Jumpers cross the line on Black Friday » Preoccupation with Sarah Palin not too surprising » Where's the fire? 'T' Pins turns 100 » WIsconsin: 4 found shot in duplex » Deere Flex Retirees to meet » Would the Hugo Chavez diet work? Fat chance » Santa, Mrs. Claus visit East Dubuque » Ask Amy: Granddaughter does not acknowledge grandma's gifts » Splinter repeats » Letters to the editor » A coach's pride & joy » Rising above the 2008 flood » Tri-state dream team » Tiger stays silent » Police: Ohio suspect might have eaten evidence » City seals cracks in asphalt in spring, fall » John Mayer makes sure music rises above tabloids » 'Idol' winner remains humble on new CD » I Got Caught program awards bikes to kids » Illinois/Wisconsin briefs » Kaiser 'Smooth » Woman leaves $40,000 at shrine for safekeeping » America's darkest day in history » Your horoscope » Ex-director of Lancaster library dies » Remember hungry families this holiday season » Sports briefs » Deer hunt begins slowly » Local/Area roundup » 3 million acres taken out of conservation program » Iowa briefs » Political news » Authorities: Suspect in slaying of family possibly headed to Michigan » T-Birds climb into second » Platteville finds answers to beat Storm » College football Top 25 Roundup » Loras will host public Christmas events » Community calendar » Blood drive beats goal » 3 Americans die in China plane crash » Correction » 'Fringe' star Noble celebrates weird science with his pet cow » Iowa -- where candidates' hopes take root » Scientists warm up to African rodent » Federal grant aims to help foster kids » Electronics top splurge gifts for travelers » Top Sony executive touts turnaround plan » These books are worth giving » Celebrity news » Iowa picks up Cole-hearted victory » What it's like to be inspired by an inspiring life » You can donate toward the annual Angel of Mercy Tree » Gift guide: Gadgets or gizmos for $100 or less » Olive-oil boom hits California » Black Friday store shopping edges up » What are pros and cons of health bills? » Audio reviews » National briefs » Travel Briefs » Local detours » Police use tear gas on WTO protesters » Peaceful prairie paradise » Ho-ho-woof: Merry petmas » Pakistani president turns over nuclear authority » Almanac » Program lets texting tipsters help police » Agriculture briefs » Own a bird? Don't trim nails too often » Illinois: Candidates balk at releasing tax records » Sweet-potato supply to dip? » Old Italy lives in 'Assassin's Creed II' » Cyclones suffer first setback » Death toll hits 37 in ferry disaster » Iowa: Technology helps families separated during holidays » World briefs » Concerts » Facebook users can help small charities » Wayne shows sensitivity on CD » Illinois candidates on releasing tax information » Nissan chief: Electric cars a gradual process » Concussion sidelines Big Ben » Brown urges security benchmarks » Pope lauds 1984 peace deal between Argentina, Chile » Great Lakes fish fight in court » Protecting QBs -- and everyone -- from big hits » Ritual at pilgrimage carrying flu risks? » Lawmaker: Iran could leave nuclear treaty » Russian officials: Bomb caused derailment » Youth sports » Coming events » U.S. troops: Afghan climate, geography pose challenges » Berrian breakthrough could come against Bears » College football roundup » NBA Roundup This content has passed through fivefilters.org.

Update on GM Saab selling deal - SteelGuru Posted: 29 Nov 2009 09:47 AM PST The Detroit News reported that potential suitors for General Motors Co's Saab Automobile are surfacing a week after the collapse of a deal to sell the Swedish carmaker to Koenigsegg Group. As per report, Beijing Automotive Industry Holding Co, Merbanco Inc and Renco Group Inc are sounding out a possible deal. However, the parties have not submitted written proposals for GM's board to review at its monthly meeting next week. GM was expected to wind down Saab after Koenigsegg pulled out of a deal to buy the Trollhaettan based carmaker. Beijing Automotive was a partner in that deal. It planned to take a stake in Koenigsegg, a Swedish super car manufacturer, and previously showed interest in GM's German Adam Opel GmbH. Merbanco, a Wyoming based investor group, and Renco expressed interest in Saab in June 2009. Mr Christopher Johnston president of Merbanco said that he and other investors in Wyoming were considering putting together a deal along the lines of the agreement that had been struck with Koenigsegg. He added that "We're interested in picking it up and seeing if we can get it done quickly. We haven't had any conversations with GM." Saab lost money in most of its 20 years as part of GM. Its sales are down 59% in Europe this year and 62% in the United States. The Swedish government has ruled out taking over Saab to keep it afloat. (Sourced from www.detnews.com) This content has passed through fivefilters.org.

Unemployed Ind. man wins $2 million in lottery - Republic Posted: 27 Nov 2009 01:17 PM PST ACCESS DENIED We are sorry to inform you that you have been temporarily blocked from this website. Your IP Address or perhaps someone from the same geographical area as you has been tracked visiting one or more websites and requesting large amounts of content in a short amount of time. This has caused your IP Address to be flagged as a possible bot, spider, crawler, spyware, or some other malware. In general, we do not allow bots, spiders, or crawlers to access our websites. This is not meant to accuse you of anything. If you are a legitimate user and feel that you have reached this page in error, please complete the form below. Our staff will review the information that you provide and determine what options are available. You are browsing this site with: Your IP address is: 208.94.117.201 (208.94.117.201) This content has passed through fivefilters.org.

Fortune and ALD Automotive jointly set up automotive leasing company - SteelGuru Posted: 29 Nov 2009 09:07 PM PST Fortune Investment Co Ltd and ALD Automotive on November 11th set up JV automotive leasing company with registered capital CNY 50 million each party holding 50% shares in Shanghai. As forceful measure to enhance automotive leasing and fleet management the company will tap great market potential of Chinese automotive leasing. Automotive leasing, as sunrise industry in China is developing from zero with high speed. Based on strategic cooperative partner relationship between Socitnrale Group and Baosteel, ALD Automotive will fully expand its business in China focusing on providing service for Baosteel and related companies. With 62 years operation history in specialized financial service business sector in French Societe Generale Group, ALD Automotive one of the largest automotive leasing management corporations in Europe, manages business in over 39 nations and regions with approximately 800,000 vehicles. In three years, Socitnrale will provide USD160 million credit capital to the JV Company. Aimed at building up operation service network with 10,000 vehicles based on customer and market needs, company will focus its work on foreign invested companies, large state owned enterprises, relative organizing parties of conferences, exhibitions, competition in urban clusters of Yangtze River Delta, Cirucm-Bohai Sea, Pearl River Delta with Shanghai, Beijing, Guangzhou and Shenzhen as respective regional centers as well as in southwestern Chengdu and Wuhan. This content has passed through fivefilters.org.

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