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Saab is sold

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Old 06-11-2009 | 07:06 PM
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09 Panel's Avatar
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Joined: 02-20-2009
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From: Charleston, S.C.
Saab is sold

Sporty Swedish car maker Koenigsegg has teamed up with a group of Norwegian investors to buy Saab from General Motors, according to state broadcaster Sveriges Television's news show Rapport.
Koenigsegg has signed a declaration of intent with regard to the purchase, with more detailed negotiations set to continue over the coming months.
The sports car maker, based in Įgelholm in southwest Sweden, has secured the backing of Norwegian investors, according to Rapport.
Koenigsegg has long been named as one of the parties interested in snapping up the ailing Swedish auto giant.
Earlier on Thursday, the Swedish trade ministry indicated that a sale was near when it released a statement to the effect that negotiations could now begin over state guarantees for loans to Saab. The Swedish National Debt Office (Riksg䬤en) is to act on behalf on the Swedish state in opening loan negotiations with Saab Automobile in order to pave the way for lending from the European Investment Bank (EIB).
"We have always said that when Saab got a new owner Riksg䬤en would be given the task of negotiating loan guarantees, if such are required. Following today's decision we are well prepared for that," said state secretary J�� H䧧lund in a statement.
Koenigsegg was founded in 1994 by Swede Christian von Koenigsegg, 36
Old 06-11-2009 | 10:39 PM
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Joined: 04-19-2009
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I believe they have been trying to sell it for along time.
Old 06-11-2009 | 10:47 PM
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Awesome. Koenigsegg is so badass. I hope they can put some good money into the cars and make them feel like a premium brand again.

Can you imagine an R8 killer coming out of Saab/Koenigsegg?
Old 06-12-2009 | 06:50 AM
  #4  
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Originally Posted by hhrcrafty
Awesome. Can you imagine an R8 killer coming out of Saab/Koenigsegg?

The world's safest supercar.
Old 06-13-2009 | 02:42 AM
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Joined: 07-29-2008
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From: Mass
thats a shame, I am sure the engine in the SS is built on Saab Technology
Old 06-13-2009 | 09:45 AM
  #6  
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Joined: 11-15-2008
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From: Newburgh, NY
I found RPO code MU3 on the glove box sticker of my HHR SS with manual trans. As per the translation:

MU3 TRANSMISSION MAN 5 SPD, SAAB, 76.5 MM, 3.38 1ST, 0.70 5TH

If the description implies that the trans is sourced from Saab, I wonder if the new GM will continue to source them?
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