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Koenigsegg manufactures exclusive super sports cars for a select elite of enthusiasts. Space age materials and uncompromising quality both in finish and....
06/11/2009, 1:22 PMBy Drew Johnson
Reports first surfaced of Koenigsegg’s interest in General Motors’ Saab division last month, with the latest news indicating the Swedish supercar maker has sealed the deal for the GM cast-off brand. Koenigsegg and a group of Norwegian investors were among a group of three bidding for the Saab brand.
http://www.leftlanenews.com/report-koenigsegg-named-as-saab-buyer.html
According to Sweden’s SVT, Koenigsegg has inked a letter of intent to buy the Saab division from General Motors. “The buyers have signed a letter of intent to buy Saab,” SVT said.
“Final negotiations about details on the deal will go on in the next months.”
Representatives from GM and Saab have yet to confirm the report.
Both Saad and GM have recently indicated a sale could be finalized by the end of June or early July. GM put Saab up for sale – along with its Hummer and Saturn brands – before it filed for Chapter 11 bankruptcy earlier this month.
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