As I recall, GM was all set to sell Saab to the investment group headed by Koenigsegg but they (Koenigsegg) pulled out as investor partners couldn't agree on how to move the Saab brand forward, what would work, wouldn't work, etc. Beijing Automotive Industry Holding Co. or BAIC was to be one of the major investors in the new Koenigsegg/Saab company. I didn't think GM thwarted the sale.
As far as Geely, I thought their sole focus was getting the deal done on Volvo (which was accomplished) and they never really had any serious interest in Saab.
posted by 73.159.174...
Posts in this Thread:
- GM in talks to sell European brands to PSA, A1-turbo, Tue, 14 Feb 2017 09:54:31
- Where will GM get their Buicks if they sell Opel?, Gene N , Tue, 14 Feb 2017 10:05:57
- Re: Where will GM get their Buicks if they sell Opel?, A1-turbo, Tue, 14 Feb 2017 10:38:38
- Re: Where will GM get their Buicks if they sell Opel?, cheaptech , Thu, 16 Feb 2017 08:32:11
- China, MI-Roger , Tue, 14 Feb 2017 14:16:04
- Re: China, A1-turbo, Tue, 14 Feb 2017 18:45:10
- "Baseball, Hot dogs, Apple Pie and Chevrolet", Gene N , Wed, 15 Feb 2017 07:12:47
- Re: "Baseball, Hot dogs, Apple Pie and Chevrolet", cheaptech , Fri, 17 Feb 2017 07:43:32
- The Great Chinese Road belongs to Buick, A1-turbo, Wed, 15 Feb 2017 11:17:32
- Don't even get me started............, MI-Roger , Wed, 15 Feb 2017 08:08:07
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