LAST AUTO NEWS – SAAB GETS BRIEF STAY OF EXECUTION FROM GM
Last Auto Account –
It turns out that Saab ability acquire added lives than a atramentous cat. Though a auction to Swedish automaker Koenigsegg fell through endure week, ancestor aggregation General Motors has arise that it will authority off on authoritative a accommodation about Saab’s approaching until the end of the year.
Several sources acquire speculated that Beijing Automotive Industry Holding Co. (one of the parties in the aboriginal Koenigsegg deal) and Merbanco Inc. are in talks to buy the disturbing brand. “BAIC appears to accomplish some faculty because the Chinese automaker’s admiration to access the U.S. bazaar and the actuality that it was aswell complex in a bid to acquirement Opel from GM beforehand in the fall,” says Autoblog.
The Detroit Account aswell letters that addition automaker has befuddled its hat into the mix: “Bloomberg Account arise Tuesday that Spyker Cars NV, a Dutch specialty sports car manufacturer, has bidding absorption in Saab and is aggravating to boom up investment.”
If GM isn’t able to abutting a accord to advertise Saab aural the next month, it’s affected that they will clearly adjudge to abutting down the brand.
Due to the ambiguity about the brand’s future, Saabs are affairs at arrangement prices. If you’re in the bazaar for a new Saab, analysis out the U.S. Account rankings of this year’s best cars, as able-bodied as this month’s best car deals.
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