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REPORT: Saab dealers 'running out of cars'
With new vehicle production at a trickle, and its dealer network slashed by a third, retailers of the Saab brand are finding inventory shrinking to drought levels. Some of the remaining dealers may even run out of new vehicles before replacements arrive. Point the blame towards the pending sale of Saab to Koenigsegg Automotive AB, and the fact that an all-new Saab 9-5 model is still sitting on the horizon. With the transaction still not complete, financial limitations have kept new vehicle production low. In addition, the Swedish ... Read more →
REPORT: Major obstacle cleared as Swedish government to guarantee $615M EIB loan for Saab Jonathon Ramsey
A major hurdle in Saab's transfer to the homegrown hands of Sweden's Koenigsegg has been surmounted: the Swedish government has agreed to guarantee a 4.3 billion kroner ($615M U.S.) loan from the ...
Spy Shots: Koenigsegg to rebadge Saabs in its own image? Not so much Noah Joseph
How much does it take to turn a Saab into a Koenigsegg? The half-billion dollars in funding the niche automaker is locking down to acquire the erstwhile General Motors subsidiary? The million euros ...
Koenigsegg's bid for Saab in trouble? Jeremy Korzeniewski
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 ...
Could Koenigsegg's purchase of Saab bring electric Quant concept to production? Jeremy Korzeniewski
- Now that Koenigsegg's purchase of ailing fellow Swedish automaker Saab is all but officially official, our attention naturally turns to the the current product lines and possible future ...
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- BREAKING: Toyota to recall 3.8M vehicles to reshape and replace pedals BREAKING: Koenigsegg backs out of Saab purchase, brand future up in the air First official shots of new BMW 5 Series leaked online BREAKING: Schumacher likely to return to F1 racing with Mercedes BREAKING: Buick confirms 2011 Regal 2.0T to come with manual transmission. Wait... wha?
Officially Official: Koenigsegg reaches agreement to buy Saab 5 months ago on Autoblog
After days of speculation and rumor, General Motors made it official this morning, Saab will soon be back in Swedish hands. In many respects, this is the most fitting result for quirky brand. Koenigsegg is an oddball itself, building insanely fast supercars in a Scandinavian country where you ...
REPORT: Volvo owns (small) stake in Koenigsegg, could own part of Saab 5 months ago on Autoblog
In a weird twist of fate, if Koenigsegg completes the purchase of Saab from General Motors, Volvo will also become a small stakeholder in its native rival. Koenigsegg, which has reportedly signed a letter of intent with GM to acquire Saab, gave Volvo 3,750 shares back in 2000 to pay for the use of ...
BREAKING: Swedish TV reports Koenigsegg buying Saab 5 months ago on Autoblog
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 ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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