Koenigsegg | autoinsane

Genii Capital rumored to rival Spyker bid in last minute faceoff for Saab

Thursday, January 7, 2010

It's the final day of the bidding process for the beloved Saab brand and despite GM CEO Ed Whitacre being pessimistic about the brands future, rumors have it that Genii Capital is readying a last minute rival bid.

Koenigsegg will offically buy Saab from General Motors

Tuesday, June 16, 2009

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Koenigsegg will offically buy Saab from General Motors

General Motors Corp. and Koenigsegg Group AB, a consortium led by Koenigsegg Automotive AB, today confirmed the details of a memorandum of understanding for the purchase of Saab Automobile AB that secures Saab’s future.