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SAIC, BMW in Talks on Making 7 Series in China, Daily Reports

By Bloomberg News

Nov. 2 (Bloomberg) -- SAIC Motor Corp. is in talks with Bayerische Motoren Werke AG about producing the German company’s 7 series model in China, Dongfang Daily said today, citing an unidentified person at the Chinese automaker.

The companies have been in talks three times in the past about cooperation, including making high-end sedans in the country, the Shanghai-based newspaper said. SAIC can raise its brand image with help from BMW, the report said.

Calls to BMW China spokesman Ma Qingsheng and SAIC Motor spokeswoman Zhu Xiangjun weren’t immediately answered.

For Related News and Information: Top transportation stories: TOP TRN <GO> China auto news: TNI CHINA AUT <GO>

Last Updated: November 1, 2009 19:18 EST

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