Koenigsegg preparing to buy Saab

Koenigsegg preparing to buy Saab

Koenigsegg logo

Few details are known so far, but reports are claiming that Koenigsegg, makers of ultra high-performance supercars, and a group of Norwegian investors have signed a letter of intent with Saab to purchase the brand from General Motors. Final negotiations will reportedly take place in the coming months.

Along with the Saturn and Hummer brands, Saab was put up for sale by GM before the automaker filed for bankruptcy. Apparently companies and investor groups from all over the world, were interested in the Swedish brand, and Koenigsegg’s name was thrown into the list of finalists late last month.

Koenigsegg and Saab are two automotive brands that share a home country but sell completely different kinds of cars. It might just be crazy enough to work.

Koenigsegg logo

Few details are known so far, but reports are claiming that Koenigsegg, makers of ultra high-performance supercars, and a group of Norwegian investors have signed a letter of intent with Saab to purchase the brand from General Motors. Final negotiations will reportedly take place in the coming months.

Along with the Saturn and Hummer brands, Saab was put up for sale by GM before the automaker filed for bankruptcy. Apparently companies and investor groups from all over the world, were interested in the Swedish brand, and Koenigsegg’s name was thrown into the list of finalists late last month.

Koenigsegg and Saab are two automotive brands that share a home country but sell completely different kinds of cars. It might just be crazy enough to work.

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