BAIC to launch its own sedan based on the old Saab 9-5

After showing off a previous gen Saab 9-5 with reworked looks last year, Beijing Automotive Industry Holding Co (BAIC) has announced that it will launch its first own-brand sedan before the end of this year. A prototype was completed in December last year and the car will go on sale either in late 2011 or early 2012.

Codenamed C70C, the upcoming sedan is based on the underpinnings of the old Saab 9-5 that Beijing Automotive purchased from GM in 2009. Then, Beijing Auto paid $200 million for the assets, which also included some technology from the current Saab 9-3. Not sure if the end product will look like the C71 concept, which had a Camry style nose stuck on the Saab’s angular body.

In China, Beijing Auto is the joint venture partner of Hyundai and Daimler AG. It also assembles Chryslers and makes SUVs and 4WDs based on old Toyota and Jeep designs. The company’s group sales totaled 1.4 million vehicles in 2010, making it the fifth largest automaker in China.

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