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REPORT: Swedish government to meet with GM officials - could Saab still be saved?
Less than a day after General Motors officially announced Saab's euthanization, it looks like the storied Swedish brand might still have the faintest whisper of a pulse. Motor Trend is reporting that there are rumors swirling that the Swedish government will hold emergency meetings this weekend to try to save Saab. At least some government officials apparently feel that Saab is too important to fail... now where have we heard that before? With such a small population, the closure of Saab could have a major impact on the nation's economy, ... Read more →
Saab, Swedish gov't in Detroit to discuss brand's future Michael Harley
Don't write off Saab just yet. While last week's announcement that Koenigsegg Automotive AB had pulled its offer for the homeless brand was a painful kick to the gut, it seems there are still a few ...
REPORT: Saab dealers 'running out of cars' Michael Harley
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 ...
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 ...
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Breaking news:
- BREAKING: Ex-Microsoft CFO Chris Liddell named CFO of General Motors Spyker Tries Again: Submits 11th-hour, 11-point bid for Saab BREAKING: Swedish Patient Succumbs - Deal for Saab is dead on the table, GM to wind down brand Confirmed: 2011 Ford Mustang GT to offer 412-horsepower 5.0-liter V8 Officially Official: VW and Suzuki tie the knot
Koenigsegg's bid for Saab in trouble? 4 months ago on Autoblog
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, ...
Could Koenigsegg's purchase of Saab bring electric Quant concept to production? 6 months ago on Autoblog
- 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 vehicles from the two automakers. At least a few people are wondering out loud if there's a possibility ...
Officially Official: Koenigsegg reaches agreement to buy Saab 6 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 6 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 6 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 #157: Mike Levine trucks along with us.
Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too!
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