Koenigsegg's bid for Saab in trouble?
by Jeremy Korzeniewski (RSS feed) on Aug 10th, 2009 at 2:31PM
Reports from Sweden indicate there may be a rough road ahead for Koenigsegg as the niche supercar maker works to complete its deal to purchase bankrupt automaker Saab. Last Friday, Swedish newspaper Goteborgs-Posten reported that one key investor was considering pulling out of the deal. Later, Joran Hagglund, state secretary for Sweden's industry ministry, confirmed his office had heard these rumors and was "chasing" Koenigsegg for an update. It would seem that Koenigsegg, Saab and the Swedish government are now in full damage-control-mode. Halldora von Koenigsegg, the company's... Read More
