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Friday, 31 December 2010

BAIC bidding for Pininfarina

BAIC (Beijing Automotive Industry Holding Corp.) is allegedly making a bid to acquire Italian design company Pininfarina, which has been on the market for a few months now. BAIC formerly brought the tooling, powertrain technology and intellectual property associated with the outgoing Saab 9-3. The Chinese car manufacture is developing new models centred on the 9-3 that it plans to sell under the

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