- Jun 11, 2009
BREAKING: Swedish TV reports Koenigsegg buying Saab
We don't have much to go on yet, but Swedish television is reportedly claiming that Koenigsegg, makers of ultra high-performance exotic supercars, and a group of Norwegian investors have signed a letter of intent with Saab to take over the brand from General Motors. Final negotiations will reportedly take place in the coming months.
Along with Saturn and Hummer, Saab was put up for sale by GM before the automaker filed for Chapter 11 bankruptcy. Many companies and investor groups from all over the world, including China, were reportedly interested in the Swedish brand, and despite how crazy it sounds, Koenigsegg was thrown into the list of finalists late last month. What we thought was crazy has reportedly come to pass.
Do you think Koenigsegg and Saab, two automotive brands that share a home country and sell completely different kinds of cars, will work well together? Let us know in the poll below and we'll keep you updated as the story unfolds.
[Source: Reuters, SVT (translated)]