LAST AUTO NEWS – KOENIGSEGG BUYS SAAB
Last Auto account – Koenigsegg buys Saab GM Europe alcove a accord that will see supercar close buy Saab
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After months of speculation, Saab has assuredly been awash – and the ailing close has been bought by adolescent Swedish cast and architect of some of the world’s fastest supercars, Koenigsegg.
GM Europe beatific a announcement account an â??understanding’ amid the two firms and that a final accord will be fabricated by September this year.
Details are scarce, but we do apperceive that GM will abide to accommodate platforms and locations for a â??defined time period’, which agency the new Saab 9-5 will barrage on time as promised.
We aswell apperceive that 0million will appear from the European Investment Bank, and added investment will appear from both GM Europe and Koenigsegg.
Carl-Peter Forster, GM Europe President, said: â??Saab is a awful admired automotive cast with abundant potential. Closing this accord represents the best adventitious for Saab to appear a stronger company.â?
Interestingly, Volvo has a baby pale in Koenigsegg as the supercar maker awash shares in barter for the use of Volvo’s wind tunnel. How this will appulse on the approaching active of Saab charcoal to be seen.

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