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Saab-Koenigsegg OFF

SUPERCAR maker Koenigsegg has pulled out of a deal to save Saab, leaving the brand’s future in doubt. The Swedish maker of high-performance motors agreed to buy Saab from GM in August. Things were delayed when the European Investment Bank didn’t immediately offer to guarantee at €400 million loan. This did gain approval a month [...]

Saab sale to supercar firm

SAAB is to be bought in its entirety by Swedish supercar maker Koenigsegg, securing the future of the brand. The deal, signed today, will be completed by the end of the year – and means that Saab can shortly exit ‘legal reorganisation’. This is a form of bankruptcy, that has seen Saab protected by the [...]

Saab sold to Koenigsegg

SAAB has been sold to Swedish specialist supercar manufacturers Koenigsegg, GM has confirmed. The deal follows speculation covered here in Car Dealer Magazine – and means big changes for the premium Audi-rivaling car maker. GM Europe says that a memorandum of understanding has been reached, with a final deal expected by the end of September. [...]

Saab-Koenigsegg?

SUPERCAR maker Koenigsegg is poised for an audacious buyout of fellow Swedish car manufacturer Saab. The FT reports that the start of talks will be officially announced by current owners GM soon. Koenigsegg and the top Norwegian investors backing it would fund the deal. It would see the company rapidly step up from niche hypercar [...]



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