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BAIC

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AcronymDefinition
BAICBarring of All Incoming Calls
BAICBahamas Agricultural Industrial Corporation
BAICBeijing Automotive Industry Holding Company, Ltd (China)
BAICBoy Am I Confused (chat)
BAICBay Area Impreza Club (car club; California)
BAICBay Area Internet Connection


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Swedish luxury carmaker Koenigsegg said Tuesday it was abandoning plans to join forces with BAIC to buy Saab from its US parent General Motors due to costly delays, plunging Saab's future into doubt.
BAIC is China's fifth-largest auto maker based on January-August sales, according to the China Association of Automobile Manufacturers.
Berlin had already expressed a preference for Magna's bid, backed by Russian bank Sberbank, before receiving other offers from Belgium-based investment group RHJ International and Chinese company BAIC, spokesman Ulrich Wilhelm told a regular briefing.
 
 
 
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