 SOT: Didn't see that one coming..., GM sells off Saab... To Koenigsegg???? |
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| jhadler |
 Jun 16 2009, 10:14 AM
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#1
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Long term tinkerer...  Group: Members Posts: 1,879 Joined: 7-April 03 From: Lyons, CO Member No.: 529  |
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 |
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| ericread |
Jun 16 2009, 10:57 AM
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#2
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The Viper Blue 914 Group: Members Posts: 2,177 Joined: 7-December 07 From: Irvine, CA (The OC) Member No.: 8,432 Region Association: Southern California |
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 (IMG:style_emoticons/default/post-2-1117899824.gif)
(IMG:style_emoticons/default/popcorn[1].gif) Eric Read |
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| Zundfolge |
Jun 16 2009, 01:54 PM
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#3
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Senior Member Group: Members Posts: 847 Joined: 12-August 07 From: Colorado Springs Member No.: 7,994 Region Association: Rocky Mountains |
Awesome, I wonder if now there will be a new Saab Sonnett!
I can see it now; The Sonnett VI Koenigsegg |
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| EdwardBlume |
Jun 16 2009, 01:56 PM
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#4
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914 Wizard Group: Members Posts: 12,338 Joined: 2-January 03 From: SLO Member No.: 81 Region Association: Central California 
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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...
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| Cap'n Krusty |
Jun 16 2009, 02:46 PM
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#5
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Cap'n Krusty Group: Members Posts: 10,794 Joined: 24-June 04 From: Santa Maria, CA Member No.: 2,246 Region Association: Central California |
QUOTE(ericread @ Jun 16 2009, 09:57 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 (IMG:style_emoticons/default/post-2-1117899824.gif) (IMG:style_emoticons/default/popcorn[1].gif) Eric Read 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 |
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| johannes |
Jun 16 2009, 03:36 PM
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#6
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Club Porsche 914 France President Group: Members Posts: 3,084 Joined: 13-January 06 From: France Member No.: 5,409 Region Association: France |
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.
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