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Posted by: jhadler Jun 16 2009, 10:14 AM

http://news.bbc.co.uk/2/hi/business/8102432.stm

I know that GM needed to unload some of their acquired brands. But I would have never suspected that a boutique car manufacturer like Koenigsegg would be able to pony up the dough to buy Saab. Much less be able to manage such a large operation.

I'm guessing there was a lot of pressure to bring Saab ownership back to their home turf, and there was more than a little gov't influence there. But still...

-Josh2

Posted by: ericread Jun 16 2009, 10:57 AM

I don't see the problem. A really small company buying a big company with leveraged debt? It has worked out pretty well for Porsche



Eric Read

Posted by: Zundfolge Jun 16 2009, 01:54 PM

Awesome, I wonder if now there will be a new Saab Sonnett!

I can see it now; The Sonnett VI Koenigsegg

Posted by: RobW Jun 16 2009, 01:56 PM

I agree. What's a 45 person operation taking over Saab for? US Saab sales are tiny. I hope they can do something with it...

Posted by: Cap'n Krusty Jun 16 2009, 02:46 PM

Right. And why are they courting BK? They were right on the edge a couple of months ago, and they're still on shaky ground ...............

The Cap'n

Posted by: johannes Jun 16 2009, 03:36 PM

There is no future for a company like saab if they manufacture mid range cars... Too much competition... They have to go luxury or sport if they want to survive.