Koenigsegg - egmCarTech (2)

Saab’s savior wants to give the brand its ’soul’ back

Posted: Jun 18, 2009

Filed under: GM, Industry News, Saab

A man named Baard Eker wants to give Saab its soul back. The Norwegian designer behind the bid for General Motors’ Saab says he wants to rejuvenate the “soul and spirit” of the profit-loosing Swedish brand. Eker, a Norwegian designer and entrepreneur bought a 45 percent stake in Koenigsegg in 2005 and currently owns 49 [...]

Continue Reading

Saab, Koenigsegg relationship could bring production Quant to the roads

Posted: Jun 17, 2009

Filed under: Hybrids, Green News, Saab

We already know that Swedish supercar manufacturer Koenigsegg has obtained the controlling interest in Saab. It won’t be long before Koenigsegg will start accessing Saab’s production facilities to produce their cars. According to Swedish website Realtid.se, Koenigsegg will use Saab’s production facilities to build a production model of the Quant EV concept car that made [...]

Continue Reading

GM reaches preliminary deal to sell Saab to Koenigsegg

Posted: Jun 16, 2009

Filed under: GM, Industry News, Saab

General Motors announced today that it has reached a preliminary agreement to sell its loss-making Saab brand to supercar manufacturer Koenigsegg. GM did not release any details on the price tag of the agreement but said that the sale will include guaranteed financing by Sweden.
“The sale, expected to close by the end of the third quarter [...]

Continue Reading

Tengzhong to complete Hummer purchase by 3rd quarter, GM wants Saab dealers to sign new agreement

Posted: Jun 15, 2009

Filed under: GM, HUMMER, Industry News, Saab

Sichuan Tengzhong Heavy Industrial Machinery, the winning bidder for GM’s Hummer brand said that it expects the deal to be completed by October 2009.
The company’s general manager Yang Yi, said that Tengzhong has no plans to transfer Hummer equipment and technology to China from the United States. He said that the company also has no plans [...]

Continue Reading

Koenigsegg signs letter of intent to purchase Saab from GM

Posted: Jun 11, 2009

Filed under: GM, Industry News, Saab

It was reported last month that Koenigsegg was one of the potential buyers of General Motor’s Saab brand. Reuters said today that Swedish television is reporting that Koenigsegg and Norwegian investors have signed a letter of intent with General Motors to buy Saab.
“The buyers have signed a letter of intent to buy Saab,” SVT said on [...]

Continue Reading

Report: Koenigsegg is bidding for GM’s Saab

Posted: May 29, 2009

Filed under: GM, Industry News, Saab

Other than Ira Rennert’s Renco Group and Fiat, luxury supercar maker Koenigsegg is among the remaining bidders for General Motors’ Saab brand. According to Swedish business daily, Dagens Industri, Saab has narrowed down its list of suitors to three and hopes to have a deal finalized in the coming weeks.
“According to sources close to GM [...]

Continue Reading

2009 Geneva: Koenigsegg Quant Concept, a 512-hp hybrid supercar

Posted: Mar 03, 2009

Filed under: Auto Shows, Hybrids, Green News

Remember the Koenigsegg Quant Concept Car? Well it turns out the Quant is not just a concept but a four-seater Koenigsegg electric-car developed in collaboration with NLV Solar AG. NLV Solar AG commissioned the new environmentally-friendly supercar and asked Koenigsegg to come up with a design that would incorporate their technology.
NLV’s technology features an advanced [...]

Continue Reading

Take the kids to school in a Koenigsegg: Koenigsegg Quant Concept hints at future four-door

Posted: Feb 19, 2009

Filed under: Auto Shows

For those of you (like us) getting swamped with all the 2009 Geneva Motor Show previews make sure you follow our Geneva Motor Show tag for the latest updates. Joining the huge onslaught of debuts is Swedish supercar maker Koenigsegg which will soon compete the ranks of the four-door high-performance supercars. Along with a one [...]

Continue Reading

Top 10 New Car Company Startups

Posted: Nov 12, 2008

Filed under: Hybrids, Green News, Top 10 Lists

You would think that during an economic storm entrepreneurs and investors would be hesitant to put their time and money in an auto startup. However, we have a couple of ambitious companies that are determined to change the way we drive by offering vehicles with new technologies and alternative fuel.
Taking advantage of low labor costs [...]

Continue Reading

Bio-fuel Koenigsegg CCXR and Pagani Zonda F Carbon to join Top Gear at MPH

Posted: Oct 09, 2008

Filed under: Auto Shows

Bio-fuel Koenigsegg CCXR and Pagani Zonda F Carbon to join Top Gear at MPH

The Top Gear trio seems to be traveling a lot these days. Joining Clarkson, Hammond and May while they host Top Gear live at the MPH Prestige and Performance Motor Show will be a bio-fuel Koenigsegg CCXR Edition and Pagani Zonda F Carbon.
The bio-fuel Koenigsegg CCXR Edition is powered by a 4.8L V8 engine with [...]