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Officially Official: Koenigsegg reaches agreement to buy Saab
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 can't legally drive over about 60 mph. The deal will be partly financed through a $600 million loan from the European Investment Bank that is co-signed by the Swedish government. Just as GM will continue to provide Penske-owned Saturn with cars for a ... Read more →
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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 ...
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