Last week McLaren brought us there online configurator for the new MP4-12C – today, Koenigsegg has released their configurator for the new Agera supercar. Check it out and have some fun. Check out our original post on the Koenigsegg Agera here. Hit the jump for the video. Refresher: Power for the Koenigsegg Agera comes from [...]
According to Swedish media, two new bidders for General Motors’ Saab brand have already emerged following the termination of a potential sale to the Koenigsegg group. Reports say that both Beijing Automotive (BAIC) and Wyoming-based merchant bank Merbanco are seriously investigating putting a bid up for Saab. Beijing Auto was a minority partner in the Koenigsegg bid [...]
Earlier this morning GM announced that Koenigsegg Group AB has backed out of buying Saab, but gave no reason for why the small Swedish supercar maker terminated the deal. So what’s going to happen to Saab now? According to Reuters, Sweden has ruled out state aid for Saab earlier today. “You can’t, by state aid, keep [...]
First it was Penske Automotive Group that terminated a proposal to purchase General Motors’ Saturn brand and today, GM announced that Koenigsegg Group AB has backed out of buying Saab from the Detroit automaker. “General Motors confirmed today that the proposed sale of its Saab subsidiary to Koenigsegg Group AB was terminated at the discretion [...]
Saab dealers in the United States are running out of inventory as the Swedish brand cuts production to save cash and prepare for its first new model in seven years. “We have about 10 Saabs left, and they won”t last long,” said Ivan Goodwin, sales manager at Jim Ellis Saab in Atlanta. “It”s going to [...]
When Saab is sold to Koenigsegg later this month, the new owner will reject 81 of the brand’s U.S. dealerships, General Motors Company said today. GM sent out a letter to dealers today that said Koenigsegg selected the surviving stores and that the Saab brand will become a new entity, Saab Cars North America Inc. [...]
According to Saab’s Director of Global Operations Knut Simonsson, the Swedish automaker is working on a new concept car that will hint at a future small model for the brand. “It’s going to be very important and will indicate what the Saab message is going to be,” Simonsson said. The concept will make its debut [...]
Swedish automaker Koenigsegg has secured what it needs to make Saab an all Sweden affair once again, courtesy of the Swedish government. The government of Sweden has guaranteed a $600 million dollar loan from the European Investment Bank, which is scheduled to make a final decision regarding the loan by the 21st of October. A [...]
Just last month, Koenigsegg Group AB and General Motors Company signed a stock purchase agreement will give Koenigsegg 100 percent control of Saab. Koenigsegg announced today that China’s Beijing Automotive Industry Holdings Co. (BAIC) has signed a deal to take a stake in Koenigsegg to help finance the bid to take over Saab from GM. “Under [...]
Just last week, General Motors released a statement that it has reached a deal with Koenigsegg that will give the small Swedish supercar maker 100 percent control of Saab after “closing conditions” are agreed upon. The new 9-5 will play an important role in a product offensive that Koenigsegg plans to announce once its purchases the brand. [...]
