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Koenigsegg Pulls Out of Saab Deal, GM to Kill the Brand?
Koenigsegg Pulls Out of Saab Deal, GM to Kill the Brand?

25 Nov 2009, 08:03 UTC · By: Bogdan Popa / After months of negotiations and rumors regarding Saab's future, Koenigsegg finally decided to terminate the agreement for purchasing the Swedish brand. Unfortunately, General Motors is yet to ...

 
US Saab Dealers Lack New Cars
US Saab Dealers Lack New Cars

18 Nov 2009, 09:24 UTC · By: Bogdan Popa / Saab's dealers in the United States are going through a tough month as the Swedish manufacturer, which is now getting ready for the final signature to step under Koenigsegg's ownership, is...

 
Koenigsegg to Close 81 Saab US Dealerships
Koenigsegg to Close 81 Saab US Dealerships

13 Nov 2009, 08:58 UTC · By: Alex Vasile / Saab’s future owner, Swedish super car producer Koenigsegg, will reject 81 Saab dealerships from the US, out of a total of 218, as cost cutting measure. Koenigsegg is thus facing now the ...

 
Beijing Auto Wants Saab Deal Done by 2010
Beijing Auto Wants Saab Deal Done by 2010

10 Nov 2009, 14:21 UTC · By: Alex Vasile / Most of you know that Swedish super car manufacturer Koenigsegg is in the process of purchasing Saab. And it’s not just Swedish buying other Swedish, because behind Koenigsegg stands Beijing ...

 
Future Saab 9-3, Independent of General Motors
Future Saab 9-3, Independent of General Motors

2 Nov 2009, 10:58 UTC · By: Bogdan Popa / General Motors started its huge restructuring process some months ago and, as part of this plan, it got rid of several brands, including Saab, Pontiac and Saturn. Out of these three, Saab is undoubt...

 
NY Dealer Crashes Customer’s Rare Koenigsegg CCX
NY Dealer Crashes Customer’s Rare Koenigsegg CCX

22 Oct 2009, 12:43 UTC · By: Alina Dumitrache / Some could consider themselves lucky for just seeing one of this supercars in person, so the news of a wrecked Koenigsegg CCX is nothing but outrageous. Especially if the one responsible for the acc...

 
BAIC's First Electric Car Coming This Month
BAIC's First Electric Car Coming This Month

21 Oct 2009, 18:10 UTC · By: Bogdan Popa / Beijing Automotive will complete the company's first electric vehicle this month, a company official revealed hinting that the Chinese manufacturer is about to start production of a zero-emissi...

 
Saab to Move US HQ From Detroit
Saab to Move US HQ From Detroit

15 Oct 2009, 09:30 UTC · By: Bogdan Popa / Detroit isn't quite a top-notch location during economic recession, especially when thinking that most major automakers based in the region went bankrupt and begged for government money. Obviou...

 
BAIC Wants to Purchase Old 9-5 Rights
BAIC Wants to Purchase Old 9-5 Rights

2 Oct 2009, 09:23 UTC · By: Bogdan Popa / Chinese manufacturer BAIC is trying a different approach to the Chinese market and aims to buy the rights of building and selling the old Saab 9-5. In a report issued today, autocar.co.uk informed t...

 
Koenigsegg Won't Give Up Saab Acquisition
Koenigsegg Won't Give Up Saab Acquisition

28 Sep 2009, 06:28 UTC · By: Bogdan Popa / Swedish sports car manufacturer Koenigsegg won't pull out of the Saab deal, an official of the company said, in spite of statements that the company might give up if negotiations for loans from...

 
Saab Closer to Chinese Production
Saab Closer to Chinese Production

24 Sep 2009, 10:58 UTC · By: Bogdan Popa / It was only a rumor last week but companies involved in the talks recently confirmed that a potential start of production of Saab cars in China is very likely. Still, there are a number of issues to...

 
Koenigsegg Brings Trevita to Frankfurt
Koenigsegg Brings Trevita to Frankfurt

11 Sep 2009, 14:55 UTC · By: Alina Dumitrache / Swedish manufacturer Koenigsegg has just revealed their latest contraption, a limited edition of their CCXR. Dubbed Trevita, the car will be first introduced to the public at the 2009 Frankfurt Moto...

 
BAIC Becomes Minority Shareholder in Koenigsegg Group
BAIC Becomes Minority Shareholder in Koenigsegg Group

9 Sep 2009, 14:31 UTC · By: Bogdan Popa / Koenigsegg Group has just signed a Memorandum of Understanding (MOU) with BAIC that would allow the two companies expand their coverage in both international and Chinese markets. In other words, Koe...

 
SAIC Might Buy Saab Stake
SAIC Might Buy Saab Stake

9 Sep 2009, 08:25 UTC · By: Bogdan Popa / Koenigsegg has already reached an agreement with General Motors to purchase its Swedish unit Saab but it appears the the sports car manufacturer might agree to cease a passive stake in the company t...

 
Koenigsegg Submits New Financing Plan
Koenigsegg Submits New Financing Plan

7 Sep 2009, 12:43 UTC · By: Daniel Patrascu / Swedish manufacturer Koenigsegg Group AB submitted its new financing plan for the purchase of the former GM unit, Saab. According to State Secretary Joran Hagglund, speaking to Reuters, the new plan...

 
Koenigsegg Raises Money for Saab Acquisition
Koenigsegg Raises Money for Saab Acquisition

3 Sep 2009, 07:58 UTC · By: Bogdan Popa / Swedish sports carmaker Koenigsegg is raising funds to complete the Saab acquisition from General Motors, a move that is expected to occur as soon as next week. Swedish newspaper Dagens Industri ye...

 
Koenigsegg CEO Promises "Great" Future for Saab
Koenigsegg CEO Promises "Great" Future for Saab

24 Aug 2009, 12:59 UTC · By: Bogdan Popa / Koenigsegg is the new owner of the Swedish carmaker Saab, who struggled to cope with the recession and stay in business without too many cost-cutting measures. Most of us are curious to find out wha...

 
Saab Exists Bankruptcy, Continues Marriage with Koenigsegg
Saab Exists Bankruptcy, Continues Marriage with Koenigsegg

20 Aug 2009, 14:25 UTC · By: Bogdan Popa / Swedish group Saab's bankruptcy protection finally came to an end today as the company decided it would be better not to ask for an extension in court and continue restructuring with the help o...

 
GM and Koenigsegg Sign Stock Purchase for Saab
GM and Koenigsegg Sign Stock Purchase for Saab

18 Aug 2009, 08:19 UTC · By: Daniel Patrascu / Unlike the other GM European unit, Opel, Saab's sale seems to go much smoother, as today GM announced a new step was taken for completing the sale of the Swedish manufacturer. Together with buy...

 
Key Stakeholder Sells 22 Percent in Koenigsegg
Key Stakeholder Sells 22 Percent in Koenigsegg

11 Aug 2009, 09:22 UTC · By: Alexandru Radu Chis / Earlier this week we informed you that Koenigsegg investors might pull out from the business due to the company's plan to take over fellow Swedish car manufacturer Saab. The decision might have...