Saab (merged)

[Neil Gault]

General Motors has reached a tentative agreement to sell Saab to the Swedish sports car manufacturer Koenigsegg
http://news.bbc.co.uk/1/hi/business/8102432.stm

 

[Matt Crouch]

I did find this rather amusing when I saw it...

this year's production: 18 cars
next year's production: 93,018 cars

 

[Michael Herrmann]

now everyone with a saab can change the badges on the car to Koenigsegg and join up there trackdays

 

[Bram Hengeveld]

This is great news, now a legendary car manufacturer is saved! Thumbs for Mr von Konigsegg

 

[William Yunck]

The next SAAB?

 

[Eric. K]

I would sure get one at $30k my first Saab...

 

[Richard Kay]

This is great news, now a legendary car manufacturer is saved! Thumbs for Mr von Konigsegg

From what I've heard from a few Swedish friends, it's a Columbian and an American putting the money up. Apparently Konigsegg is being used more like a front than anything solid. Selling it this way ensures some EU financing, right now they have signed an intent to but contract so now they have to prove they have the money. All sounds a bit shady to me, I hope Konigsegg don't get caught in the fallout if this all goes wrong, be a shame to lose such an adventerous car company.

 

[Bram Hengeveld]

It seems that Russian banker Antonov wants to move large parts of the Saab production from Sweden to Latvia when he is allowed to invest his 100,000,000E in Saab.

Nice way to ruin another domestic company if you ask me.

 

[Jekabs Elerts]

Sucks for Sweden, but might just be what Latvia needs. No offence, but I'm holding my fingers crossed for this.
I mean, I'd prefer if it were VOLVO, but anything will do. xD

 

[Bram Hengeveld]

Does anybody know the latest status of this company? Don't think Victor Müller has a lot of friends left in Sweden.

Would be a nightmare if such an iconic brand would go belly up.